A new one-stop shop to help businesses access government supports and information will save small and medium enterprises (SMEs) time and effort, and support the development of indigenous companies, Minister for Enterprise Peter Burke has said.
The Irish Times’ Post
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To become a successful government contractor the ability to predict and prepare for future opportunities is not just a luxury—it’s a necessity. 🌡️ Forecasting, in this context, refers to the process of estimating future trends, demands, and opportunities in the government contracting market. It’s an art that, when mastered, can set successful contractors apart from the competition. 👇🏽 🔗 https://ow.ly/Fq4G50Rau0S #Forecasting #GovCon #FederalContracting #SmallBusiness #Entrepreneur
The Art of Forecasting in Government Contracting: A Critical Skill for Continued Success
https://fedbizaccess.com
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To become a successful government contractor the ability to predict and prepare for future opportunities is not just a luxury—it’s a necessity. 🌡️ Forecasting, in this context, refers to the process of estimating future trends, demands, and opportunities in the government contracting market. It’s an art that, when mastered, can set successful contractors apart from the competition. 👇🏽 🔗 https://ow.ly/F43z50Rau0T #Forecasting #GovCon #FederalContracting #SmallBusiness #Entrepreneur
The Art of Forecasting in Government Contracting: A Critical Skill for Continued Success
https://fedbizaccess.com
To view or add a comment, sign in
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To become a successful government contractor the ability to predict and prepare for future opportunities is not just a luxury—it’s a necessity. 🌡️ Forecasting, in this context, refers to the process of estimating future trends, demands, and opportunities in the government contracting market. It’s an art that, when mastered, can set successful contractors apart from the competition. 👇🏽 🔗 https://ow.ly/Fq4G50Rau0S #Forecasting #GovCon #FederalContracting #SmallBusiness #Entrepreneur
The Art of Forecasting in Government Contracting: A Critical Skill for Continued Success
https://fedbizaccess.com
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So far in 2024, government contracting has seen a remarkable surge, with a 20% increase in the number of small businesses securing contracts compared to the previous year. This opens a series of new opportunities for entrepreneurs to thrive in the public sector. Here's why: ⚫Enhanced Accessibility: Government initiatives aimed at streamlining the contracting process have made it more accessible for small businesses to compete for contracts. With simplified procedures and increased transparency, entrepreneurs are seizing the chance to expand their reach. ⚫Diverse Procurement Opportunities: The government's commitment to diversifying its supplier base has led to a broader range of procurement opportunities for small businesses. By prioritizing inclusion and innovation, agencies are tapping into the unique capabilities of diverse enterprises, driving growth and economic empowerment. Now is the time to explore the various ways you can leverage the booming government contracting sector. #GovernmentContracting #SmallBusinessGrowth #GovCon
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In a competitive landscape, standing out is key. Explore how your business's local roots can give you the upper hand in securing government contracts. From cutting costs to boosting reliability, find out why being local matters. https://bit.ly/3ww9z30 #CommunityDevelopment #LocalPride"
In a competitive landscape, standing out is key. Explore how your business's local roots can give you the upper hand in securing government contracts. From cutting costs to boosting reliability, find out why being local matters. https://bit.ly/3ww9z30 #CommunityDevelopment #LocalPride"
Bronwyn Reid on LinkedIn
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Funding support from the Government that encourages innovation is fascinating - government departments and select advisors being paid with tax payer money to help projects that may, or may not, be really innovative & have a positive impact and have not been able to source their own funding or revenue funnels… The federal and state governments are spending HUNDREDS of millions on the same type of programs that are resulting in what exactly?? Who is justifying this? There’s always a better way. Just ask me.
Hot off the press!! We can help businesses to progress through your programs like this!! https://lnkd.in/gPeggFnC
Industry Growth Program | business.gov.au
business.gov.au
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Let's dive into the world of government contracting! 🌟 --- 💡 **Did you know that government contracting can be a game-changer for businesses of all sizes? Here are some key takeaways to consider:** - 💼 **Opportunity Awaits:** With billions of dollars allocated to government contracts each year, there's a piece of the pie for every entrepreneurial soul out there. - 💡 **Innovation is Key:** Whether you're a startup or an established company, bringing innovation to the table can set you apart in the competitive world of government contracting. - 🌐 **Networking Matters:** Building strong relationships within the government sector and industry peers can open doors to new opportunities and collaborations. --- 🔗 **Government contracting isn't just about securing a deal; it's a strategic dance that requires finesse and agility.** --- 🚀 **Ready to elevate your business through government contracting? Stay informed, be bold, and embrace the journey ahead! #GovernmentContracting #OpportunityAwaits** --- Let's ignite those entrepreneurial sparks and conquer new horizons together! 🔥
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What could be in store for SMEs this year? We’ve been considering how SMEs can prepare for potential challenges… Don’t get caught off-guard! Read our tips to get prepared: https://bit.ly/3NNTsDf #HorizonScanning #BusinessStrategy
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Government launches free advice service for SMEs
Government launches free advice service for SMEs - Business Link Magazine
https://www.blmforum.net/mag
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Think government contracts are for large corporations? Think again. (𝘐𝘵’𝘴 𝘬𝘪𝘯𝘥 𝘰𝘧 𝘵𝘩𝘦 𝘰𝘱𝘱𝘰𝘴𝘪𝘵𝘦) In 2022, small businesses were awarded $159 billion in federal government contracts. The opportunity is huge. Then why do SME owners think government contracts are not for them? SMEs face some unique hurdles along the way. Challenges for smaller GovCons: > Complex, multi-stage procurement processes > Financial strain due to upfront investment requirements > Limited resources > Stringent qualification criteria (past record, tech capabilities, finances, etc.) > Absence of economies of scale (competitive pricing vs profitability) > Lack of industry relationships (with prime and subcontractors) Here’s what you can do to succeed: 👉 Understand the process Advertisement > Proposal > Evaluation > Award > Contract Performance Get to know about the opportunity right when it arises. Check for latest opportunities at: https://lnkd.in/eS33Sqjm 👉 Leverage networks and resources - Attend industry-specific events. - Form partnerships with other SMEs for value-added offerings. 👉 Build your brand - Create high-quality social media content. - Highlight your reputation as an industry leader. 👉 Do your research - Be aware of the contract type and timelines. - Understand the evaluation criteria. - Study the RFP carefully. - Determine if you meet the requirements. - Run some calculations to confirm financial feasibility. - Have questions or need clarifications? Contact the awarding authority. 👉 Learn the art of bidding - Clear, concise, and compelling bids. - Demonstrate your strengths and capabilities. - Providing supporting evidence (qualifications, awards, case studies, references). To summarize: 𝗦𝘁𝗮𝘆 𝗽𝗼𝘀𝗶𝘁𝗶𝘃𝗲, 𝗯𝗲 𝗽𝗮𝘁𝗶𝗲𝗻𝘁, 𝗹𝗲𝘃𝗲𝗿𝗮𝗴𝗲 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀, 𝗮𝗻𝗱 𝗽𝗹𝗮𝘆 𝘁𝗼 𝘆𝗼𝘂𝗿 𝘀𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝘀. Ready to navigate the world of government contracts with confidence? 💼✨ Register with Oppzo today for working capital financing and unlock the potential of government contracts for your business: https://lnkd.in/eu2GapzV #govcon #SMBGovernmentContractors #Innovation #entrepreneurship
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