- Banned
- #201
In Fiscal Year (FY) 2020 the federal government spent over $650 billion on contracts for goods and services, of which nearly $560 billion was eligible to be done through small businesses.4 Yet, minority-owned small businesses received just 9.4% of those small-business eligible federal contracting dollars and women-owned small businesses a mere 4.9%.5 To put this into perspective, almost 19% of US employer businesses are minority-owned and just under 21% are owned by women...........