For Decades The Government Has Fallen Short On Contracts With Woman-Owned Businesses
Historic barriers have blocked women-owned small businesses from winning federal contracts, according to a new report.
Chabeli Carrazana
Originally published by The 19th
Nearly three decades ago, the Small Business Administration set a goal of granting 5 percent of federal contracts to women-owned small businesses. It has only met that goal twice, in 2015 and 2019, according to a new report from the Bipartisan Policy Center and Goldman Sachs.
Survey data shared exclusively with The 19th by Goldman Sachs’ 10,000 Small Businesses Voices program, which helps advocate for small business owners, found a widening gender gap for contracts at the federal level that shows how women-owned small businesses have been shut out from the largest contracts.
At the local level, women- and men-owned...