Today kicked off this year's National Small Business Week. As the country recognizes all the achievements of the Nation's small businesses, NASA has for many years understood the major impact small business has on our economy. The hard work and dedication of NASA's small business partners have been vital to the NASA vision and mission.
NASA Administrator Charles Bolden had the opportunity to speak at the Small Business Procurement Awards Breakfast on Monday May 21, 2012. "Small Business has been essential to the many successes we've had, and their skills and dedication will continue to be critical as we pursue new ways of doing business, new efficiencies, and new directions that will give us new capabilities for exploration."
Just to highlight a few of the agency's small business achievements:
--NASA exceeded its Small Business Goal for fiscal year 2011. NASA was only 1 of 3 of the "Big 7" federal agencies—the ones that together spend approximately 90% of small business eligible dollars--that exceeded its small business goals.
--Approximately $2.5 billion in prime contracts were awarded directly to small businesses. This is a $75 million increase from fiscal year 2010.
--NASA's large prime contractors awarded approximately $2 billion in subcontracts to small business in fiscal year 2011.
So over all, NASA has award approximately $4.5 billion to small businesses in fiscal year 2011.
Small businesses are a major source of innovations to NASA programs such as the Small Business Innovation Research, Small Business Technology Transfer are examples of the benefits of small innovative businesses. For more information, visit http://sbir.gsfc.nasa.gov/SBIR/pgminfo.htm.
For more information on NASA's Small Business programs, visit: http://www.osbp.nasa.gov/
For more information on National Small Business Week, visit: http://www.sba.gov/.