October 2020
Would you like to have the government (federal, state, or
local) as your customer? The government
awards hundreds of billions of dollars in contracts to small businesses every
year. But not every small business is
suited for that role. Inventors Network KY treated us to an
online presentation by Darrall Henderson (director, Kentucky Procurement
Technical Assistance
Center) that described what it takes to become a
government (federal or Kentucky)
vendor.
Becoming a government contractor involves a complex process that has its own vocabulary and requires a significant investment of time and money. Educational resources on this process are available from several organizations: Indiana Procurement Technical Assistance Center, Indiana Department of Administration, Indiana Economic Development Corporation, Indiana Small Business Development Center, local governments in Indiana, the federal government, U.S. General Services Administration, Government Marketing & Procurement, LLC, Small Business Administration, and govology.
Thank you for introducing us to the wide world of government procurement, Mr. Henderson.