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    ement the formal women's federal procurement program which was approved as law over five years ago, but never enacted. This important program provides a targeted option to enable federal contracting officers to "set-aside" certain pro
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    The federal, state and local government agencies throughout the United States are looking to do business with women-owned firms like never before. One of the key reasons is that women-owned firms in the U.S. are growing like never before.

    The federal government, along with many states and local government agencies, maintain goals regarding the contracts they target for women-owned businesses. The federal government’s goal is 5% of the more than $300 billion in federal contracts which amounts to $15 billion in business opportunities that should be won by women-owned firms. This is both good news and bad news. The bad news is that this goal has never been reached. The good news is that there is a greater opportunity now than ever before for women-owned firms to tackle and win contracts in the government market.

    This is a time of golden opportunity because the SBA has finally issued the proposed regulations to implement the formal women's federal procurement program which was approved as law over five years ago, but never enacted. This important program provides a targeted option to enable federal contracting officers to "set-aside" certain proc

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    The federal government, along with many states and local government agencies, maintain goals regarding the contracts they target for women-owned businesses. The federal government’s goal is 5% of the more than $300 billion in federal contracts which amounts to $15 billion in business opportunities that should be won by women-owned firms. This is both good news and bad news. The bad news is that this goal has never been reached. The good news is that there is a greater opportunity now than ever before for women-owned firms to tackle and win contracts in the government market.

    This is a time of golden opportunity because the SBA has finally issued the proposed regulations to implement the formal women's federal procurement program which was approved as law over five years ago, but never enacted. This important program provides a targeted option to enable federal contracting officers to "set-aside" certain pro

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    in federal contracts which amounts to $15 billion in business opportunities that should be won by women-owned firms. This is both good news and bad news. The bad news is that this goal has never been reached. The good news is that there is a greater opportunity now than ever before for women-owned firms to tackle and win contracts in the government market.

    This is a time of golden opportunity because the SBA has finally issued the proposed regulations to implement the formal women's federal procurement program which was approved as law over five years ago, but never enacted. This important program provides a targeted option to enable federal contracting officers to "set-aside" certain pro

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    e is a greater opportunity now than ever before for women-owned firms to tackle and win contracts in the government market.

    This is a time of golden opportunity because the SBA has finally issued the proposed regulations to implement the formal women's federal procurement program which was approved as law over five years ago, but never enacted. This important program provides a targeted option to enable federal contracting officers to "set-aside" certain pro

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    ement the formal women's federal procurement program which was approved as law over five years ago, but never enacted. This important program provides a targeted option to enable federal contracting officers to "set-aside" certain procurements for women-owned businesses. This creates an unprecedented opportunity for qualified women-owned firms to jump-start their government contracting business.

    Can women-owned business handle these opportunities? The answer is a resounding yes. A recent report by the Office of Advocacy of the U.S. Small Business Administration (SBA) states that women-owned firms increased nearly 20 percent over the latest period studied. During the five years between 1997 and 2002, women-owned firms grew by 19.8 percent while all U.S. firms grew by seven percent.

    The report uses newly released U.S. Census and other data to describe women’s contributions to the economy. Statistics documented in the report include:

    * In 2002, women owned 6.5 million or 28.2 percent of nonfarm U.S. firms. More than 14 percent of these women-owned firms were employers, with 7.1 million workers and $173.7 billion in annual payroll.

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