WASHINGTON – On Monday, April 29, SBA Administrator Isabel Casillas Guzman kicked off 2024 National Small Business Week (NSBW) with a roundtable at the White House to announce the release of the SBA’s Fiscal Year 2023 Procurement Scorecard and highlight the Biden-Harris Administration’s efforts to build on the Small Business Boom since the President took office.
Administrator Guzman moderated the roundtable, which started with remarks from National Economic Council Director Lael Brainard and White House Domestic Policy Advisor Neera Tanden. They then heard from procurement officials at the General Services Administration, Department of Commerce, and Department of the Interior, all of which received A+ grades in the SBA’s FY23 Scorecard. Roundtable participants included small business owners who contract with the federal government and won NSBW 2024 awards.
In the procurement scorecard released today, the SBA announced that the Biden-Harris Administration exceeded its FY23 small business contracting goal of 23%, awarding an all-time high 28.4% of federal contract dollars to small businesses. This historic level amounts to a record-breaking $178.6 billion investment in the small business economy and supports more than one million good-paying jobs in manufacturing, construction, research & development, technology, defense, and other vital industries. Minority-owned businesses across nearly all demographic categories also saw increased contracting dollars, underscoring the Biden-Harris Administration’s commitment to equity while growing the pie for all small business owners.
For follow-up interview requests for Administrator Guzman, please contact Rebecca Galanti at Rebecca.Galanti@sba.gov.
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About the U.S. Small Business Administration
The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.