Entrepreneurship and small business development provide pivotal opportunities for economic growth, job creation, and beneficial procurement relationships with local and state governments. Several initiatives and resources are being established to support small businesses in understanding and navigating the public procurement process, allowing them to tap into significant government spending and helping circulate economic benefits within local communities.

Check out NASPO’s article on this topic here:

Empowering Local Economies: Leveraging Small Businesses in Public Procurement