In an announcement today, Pennsylvania Governor Tom Corbett announced a new initiative to improve the amount of state contracting opportunities available to small and veteran owned businesses. The Small Business Procurement Initiative will limit certain procurement opportunities only to certified small businesses. The state has also expanded its Small Diverse Business Program to provide more procurement opportunities to veterans and minorities.
The Small Business Procurement Initiative requires that small businesses have under 100 employees and meet certain revenue thresholds in order to qualify as a certified small business. Those that meet these requirements will now be able to participate in procurement opportunities as prime contractors.
Small businesses will be able to self-certify through a new portal the state set up. The expansion of the Small Diverse Business Program includes the addition of veteran owned businesses. Similar to the Small Business Procurement Initiative, businesses can self-certify and apply for procurement opportunities as prime or sub contractors provided they meet certain thresholds.
“There is no denying small businesses are the engines of our economy,” Governor
Corbett noted. “With more than 300,000 small businesses in Pennsylvania, we have
a responsibility to create opportunities for the development of new businesses and
ensure the continued success and growth of established businesses. The Small
Business Procurement Initiative helps us to meet that responsibility.”
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