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dollars. And they’ve been successful. In FY 2003, small businesses received $65.5 billion of prime federal contract dollars, exceeding the 23 percent government wide goal. Earlier this month small businesses received more great news when the Administration announced an additional $15 billion in government contracting opportunities for small business.
Small businesses are vital to American prosperity and, thankfully, they are flourishing. In part it’s because the President has taken steps to reduce taxes, encourage investment, remove obstacles to growth and provide opportunity. And in part because American entrepreneurs are innovative, resilient, tenacious and determined to achieve the American dream.
Hector V. Barreto was a small business owner and is now the 21st Administrator of the Small Business Administration.
96.1%