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US Small Business Administration to promote women-owned businesses

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Summary of story from The Dallas Morning News, cialis 04.02.11.

A programme to expand federal contracting opportunities for women-owned businesses was launched by the US Small Business Administration today.

The Women’s Procurement Program will help the federal government meet its official goal of 5 percent of federal contracting dollars going to women-owned businesses. Last year women received 3.4 per cent.

The initiative allows federal agencies to set aside $30 billion in contracts specifically for women-owned small businesses.

To qualify for the programme at least 51 percent of a business must be owned and controlled by one or more women and managed mainly by one or more women.

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