KEGG

SBA Statement on Biden-Harris Administration Exceeding Small Disadvantaged Business Contracting Goal

Retrieved on: 
Friday, April 12, 2024

In January 2024, the Biden-Harris Administration announced a bold goal of increasing the share of federal contracting dollars going to SDBs to 15% by FY2025, a 50% increase from spending levels when he first took office.

Key Points: 
  • In January 2024, the Biden-Harris Administration announced a bold goal of increasing the share of federal contracting dollars going to SDBs to 15% by FY2025, a 50% increase from spending levels when he first took office.
  • As part of President Biden’s agenda , the SBA has announced new and improved initiatives to advance this goal – and we’re already seeing results.
  • “Today’s announcement shows the results, with a new record of contract spending with Small Disadvantaged Businesses and steady progress towards President Biden’s goal of awarding 15% of federal contracting dollars to Small Disadvantaged Businesses by FY2025.
  • The new procedures increase contracting opportunities for 8(a)-certified SDBs to ensure more equitable access to federal contracting dollars.

SBA Unveils Updated Equity Action Plan to Advance the Biden-Harris Administration’s Commitment to Investing in Equity

Retrieved on: 
Wednesday, February 14, 2024

“The SBA’s updated Equity Action Plan recognizes the tremendous value that diverse entrepreneurs bring to our economy in terms of job creation, innovation, and domestic and international competition.

Key Points: 
  • “The SBA’s updated Equity Action Plan recognizes the tremendous value that diverse entrepreneurs bring to our economy in terms of job creation, innovation, and domestic and international competition.
  • Some SBA programs utilize a specific definition for underserved communities and/or disadvantaged small businesses as outlined in program statutes and regulations.
  • Improve Access to Disaster Assistance by modernizing technology, streamlining the application process, and increasing support for underserved disaster survivors navigating the application process.
  • The SBA’s regular engagement with the small business community and its stakeholders helped inform the Equity Action Plan .

Business Leaders Applaud SBA’s Improved Empower to Grow (E2G) Program

Retrieved on: 
Tuesday, January 30, 2024

“We’ve revitalized the 7(j) training program to launch an improved ‘Empower to Grow’ acceleration program with tools to help ready more businesses and build a diversified supplier base, which will also increase competition, innovation, and performance in the federal marketplace.

Key Points: 
  • “We’ve revitalized the 7(j) training program to launch an improved ‘Empower to Grow’ acceleration program with tools to help ready more businesses and build a diversified supplier base, which will also increase competition, innovation, and performance in the federal marketplace.
  • The progress unveiled by the Administration aligns with our commitment to creating opportunities for Black entrepreneurs and promoting diversity within the business landscape.
  • NMSDC looks forward to its continued partnership with Administrator Guzman and the rest of the Biden-Harris Administration as we pursue more growth for the entire small business community.”
    “The SBA's 'Empower to Grow’ is an important program for America's small businesses.
  • “The SBA's 'Empower to Grow' initiative reinforces a commitment to continuous economic improvement by taking a proactive stance in closing gaps and ensuring business owners have all the tools they need at their disposal.

New Business Applications Reach Record 16 Million Under Biden-Harris Administration

Retrieved on: 
Thursday, January 11, 2024

“In the last year alone, Americans across the country and in a wide range of industries filed a record five and a half million new business applications, bringing the total number under this Administration to a record-breaking 16 million.

Key Points: 
  • “In the last year alone, Americans across the country and in a wide range of industries filed a record five and a half million new business applications, bringing the total number under this Administration to a record-breaking 16 million.
  • The monthly average of 440,000 new business applications during the first three years of the Biden-Harris Administration — is 46% higher than the average of the prior four years combined.
  • Record business starts: 16 million new business applications have been recorded since the start of the Biden Administration - an 86% increase relative to the average pace of annual growth from when the survey began in 2004 until the start of the Biden Administration.
  • It took just two years and 10 months for new business filings during the Biden Administration to surpass the level reached during the prior Administration.

Biden-Harris Administration Sets Record-Breaking $163 Billion in Federal Procurement Opportunities to Small Businesses

Retrieved on: 
Tuesday, July 18, 2023

This historic level amounts to a $162.9 billion investment in the small business economy – an $8.7 billion increase from the previous fiscal year.

Key Points: 
  • This historic level amounts to a $162.9 billion investment in the small business economy – an $8.7 billion increase from the previous fiscal year.
  • Despite not meeting the 3% statutory goal, the federal government made significant strides in supporting and empowering HUBZone small businesses.
  • The federal government achieved its small business subcontracting goals, awarding 30.9%, or $79.1 billion, to small business subcontractors.
  • Expanding Access to Federal Contracting:
    The Small Business Administration, under the Biden-Harris Administration, has made it a top priority to expand access to federal contracting.

Biden-Harris Administration to Launch New Initiative to Increase Federal Contracting with Small Disadvantaged Businesses

Retrieved on: 
Thursday, May 25, 2023

This agreement will establish a pool of 8(a) firms to make it easier for procurement officials to locate and contract with small, disadvantaged businesses across industries.

Key Points: 
  • This agreement will establish a pool of 8(a) firms to make it easier for procurement officials to locate and contract with small, disadvantaged businesses across industries.
  • Federal agencies will be able to leverage the size and scale of the MAS marketplace to achieve their SDB contracting goals while they make smart purchasing decisions.
  • “This joint initiative between the SBA and GSA will increase federal contracting opportunities for thousands of minority-owned and other small, disadvantaged businesses, highlighting the Biden-Harris Administration’s commitment to equity in procurement and delivering against President Biden’s ambitious goal,” said SBA Administrator Isabella Casillas Guzman.
  • “Our 8(a) small businesses are agile, innovative, and positioned for growth, and can further help federal agencies procure the products and services needed to achieve their missions.

BioBam Renews KEGG Pathway Licensing for OmicsBox

Retrieved on: 
Wednesday, March 22, 2023

BioBam, a leading bioinformatics software company, announces the renewal of its KEGG license through a Business Provider Agreement with Pathway Solutions Inc., the exclusive worldwide licensing agent for KEGG resources.

Key Points: 
  • BioBam, a leading bioinformatics software company, announces the renewal of its KEGG license through a Business Provider Agreement with Pathway Solutions Inc., the exclusive worldwide licensing agent for KEGG resources.
  • The KEGG Pathways, a widely-used collection of manually drawn pathway maps, represents the current understanding of cellular processes, metabolism, and molecular interactions.
  • This agreement enables BioBam to provide KEGG data through its unique pathway analysis features to academic and commercial customers worldwide, facilitating a deeper understanding of biological processes.
  • Stefan Götz, CEO of BioBam, said: "KEGG Pathways are highly regarded within the scientific community.

Universal DX Presents Methylation Biomarker Data at AACR Special Conference: Precision Prevention, Early Detection, and Interception of Cancer

Retrieved on: 
Thursday, November 17, 2022

This newest study underscores the robustness and validity of our previous results, by adding more biological value to the individual methylation marker regions, said Christian Hense, COO at Universal DX.

Key Points: 
  • This newest study underscores the robustness and validity of our previous results, by adding more biological value to the individual methylation marker regions, said Christian Hense, COO at Universal DX.
  • Investigating their impact on gene expression and putting these biomarkers in the context of biological pathways allows for better understanding of the behavior of early cancer.
  • Differential signal was observed between AA and NAT and CRC and adjacent normal tissue, indicating biological signal change with adenoma progression to cancer.
  • Universal DX will present its findings live at the AACR special conference on Precisions, Prevention, Early Detection, and Interception of Cancer in Austin, TX November 17-19.

Biden-Harris Administration Announces Groundbreaking Partnerships to Connect Small and Disadvantaged Businesses to Infrastructure Programs

Retrieved on: 
Tuesday, September 20, 2022

The forum is focused on helping small and disadvantaged businesses and improve their access to capital, resources and relationships working to ensure that everyone can benefit from President Bidens Bipartisan Infrastructure Law.

Key Points: 
  • The forum is focused on helping small and disadvantaged businesses and improve their access to capital, resources and relationships working to ensure that everyone can benefit from President Bidens Bipartisan Infrastructure Law.
  • It also features a Business Matchmaking Session to help connect small businesses, large prime firms, and various transportation modal representatives from the federal, state, and municipal levels.
  • Thanks to President Bidens leadership, this Administration is committed to ensuring small and minority-owned businesses have access to the opportunities created by historic investments in infrastructure.
  • The second MOU between USDOT and SBA reflects commitments by both agencies to provide additional access to capital for small businesses, with a focus on small and disadvantaged businesses (SDB) and disadvantaged business enterprise (DBE) firms.

District Fleet Selected for Multiple-Award BPA Contract for EV Charging Stations to Advance the Electrification of the Federal Fleet

Retrieved on: 
Friday, April 29, 2022

District Fleet is one of 15 awardees and the only Small Disadvantaged Business participant.

Key Points: 
  • District Fleet is one of 15 awardees and the only Small Disadvantaged Business participant.
  • The Federal Fleet is comprised of approximately 657,500 vehicles.Of those, less than 3 percent are currently electric.
  • The GSA EVSE BPA encompasses Level 2 (208/240v) charging stations, DC Fast Chargers (480v), site planning services, installation, smart charging software, and other EVSE-related solutions.
  • District Fleet is a Small Disadvantaged Business and HUBZone-certified contractor specializing in turnkey fleet electrification solutions.