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JAN 24, 2013 - Inc Magazine

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Fewer Federal Contracts for Women-Owned Businesses: Report

U.S. government contracts to women-owned small businesses declined faster than awards to their male counterparts.Despite lofty goals and high-profile initiatives, the federal government is reportedly awarding fewer and fewer contracts to women-owned businesses.The number of federal contracts awarded to women-owned businesses dropped to about $16.4 billion in the fiscal year that ended Sept. 30, down 5.5 percent from $17.3 billion in fiscal 2011, reported Bloomberg. Awards to men-owned small firms declined also, but only by 4.1 percent to $80.9 billion. Women-owned businesses captured about ... Read More

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