Business women have a designated percentage of federal government procurement business.
Government is a complex entity offering lucrative business opportunities through procurements. The United States federal government, for instance, spent $231.08 billion on 33.19 million procurements in 2000, according to The CBS Interactive Business Network. But the process of getting procurement contracts is so complex that you need to acquaint yourself through training on navigate the labyrinth of government rules and regulations.
Give Me 5 Federal Contracting Training Course
The Equity in Contracting for Women Act (2000) stipulates that federal contracting officers award five percent of all contracts to women in business. In order to help the complex rules and procedure, Women Impacting Public Policy (WIPP) and American Express OPEN have teamed up on Give Me 5, an initiative designed to help women owning businesses to secure government procurement opportunities. The name Give Me 5 derives from the Equity in Contracting for Women Act. As of 2009, women businesses accounted for 3.4 percent of federal contracts, which is $6 billion in revenue, according to Give Me 5. In a bid to encourage more women into government procurement business, Give Me 5 conducts training across the U.S. on understanding the federal marketplace. The organization's courses are open to anyone.
Federal Publication Seminars
The organization conducts seminars on the basics of government contracting. The seminars review the entire procurement process and the regulations involved. The course also covers the key elements you need to function effectively in today's federal procurement world. The program is intended for relative newcomers in government contracting, and for specialists who have been working in limited areas of procurement and are looking for the opportunity to familiarize themselves with the total picture. Seminars are conducted across the U.S.
Small Business Training Network
The United States Small Business Administration (SBA) offers free courses on win government contracts. The courses are designed to help veterans, women entrepreneurs, and others understand the process of winning a government procurement contract. The training is conducted online. The organization offers a number of courses to help prospective and existing entrepreneurs comprehend the basics about drawing a business plan and winning a government procurement contract. The good thing about the course is it does not interrupt your schedule if you are busy. You can do it at your own pace and in the comfort of your home. The program includes audio explanations. Registration is done online.
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