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Capitol Hill

It’s no secret to any government contractor that the current budget tightening initiatives in Congress will mean less business to go around. That doesn’t mean, however, that opportunities are no longer available and worthy of pursuit.

Case in point – 14 continuing resolutions later, Congress finally reauthorized the Small Business Innovation Research (SBIR) and Small Business Technology Transfer grant programs for an additional six years. Offered in two phases, the initiatives give between $150,000 and $1 million to help companies bring new technologies to reality. While that’s great news for firms that pride themselves on delivering cutting-edge systems, but it by no means indicates a return to the days of old. Budgets are still going to be scrutinized more than ever as increased emphasis in spending controls continues to take hold in Washington.

To read the full, original article click on this link: As The U.S. Government Shrinks, 3 Surefire Ways To Win Contracts - Forbes