Size Still Matters: Why the SBA needs to redefine “small” business.

Each year the federal government purchases products and services totaling close to $500 billion, nearly $98 billion of them from small businesses. Congress requires federal agencies to award 23 percent of their contracts to small businesses. This mandate allows small business, the growth engine of the U.S. economy, to compete equitably for the billions of dollars the federal government spends each year.