The White House plans to significantly increase the share of federal contracts awarded to Small Disadvantaged Businesses (SDBs) by 50% by 2025. This ambitious goal translates to awarding an additional $100 billion to SDBs over the next five years. Currently, the target for SDBs is set at 5% of federal contracting dollars, but recent data shows that federal agencies have been exceeding this goal, awarding an average of 9.8%. The new goal aims to raise this share to nearly 15% by 2025.
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Only 22% of federal contracting dollars are awarded to small businesses. Our goal is to be an agent of change by helping businesses owned by women, minorities, and veterans to get their fair share of the opportunities in the government market.
