Earlier this month, Montgomery County’s Chamber of Commerce (MCCC) launched a significant advocacy effort aimed to help small government contractors’ transition into thriving midsized businesses. Aronson’s Government Contract Services Group is proud to support and help contribute their expertise to MCCC’s new initiative.
In today’s marketplace, approximately 20 to 25% of federal government contracts are awarded to small businesses thanks to various well-established set-aside programs. Depending on the nature of their goods or services, these contractors can quickly reach the classification ceiling of being designated as a “small business.” After reaching their size limit they become defined as “large businesses” and must abruptly compete evenly with all other companies, including giant enterprises with over $500 million in revenue. Some companies can end up being successful in this category, but many find huge barriers in place and their growth stagnates.
Realizing the vital role that midsized companies play in our economy, the Chamber and the GovConNet Council are opening up the discussion in three primary areas:
View MCCC’s full press release here and look out for more details on our blog in the coming weeks. For any questions on this initiative, please contact Barbara Morgan at firstname.lastname@example.org or 301.231.6238.