SBAIC News

U.S. Small Businesses Have Banner Year Globally in 2016, Winning $553 Million, Most-Ever in Annual Contracts, USAID Tells SBAIC & Business Audience

Small Business Association for International Companies Hosts Reception following 10th Annual USAID Small Business Conference 

(WASHINGTON) U.S. small businesses had their best year ever in 2016, by securing worldwide contracts totaling $553 million, according to the U.S. Agency for International Development (USAID) report presented during its 10th Annual Small Business Conference. The Small Business Association for International Companies (SBAIC), a key business partner of USAID, hosted a post-conference meeting at the City Club of Washington.

The all-day conference held on June 28 at the Ronald Reagan Building and International Trade Center was attended by 400 American business leaders. During the meeting, the USAID disclosed that the Agency had awarded 13 percent of its total 2016 worldwide contracts to U.S. small businesses, exceeding the 11 percent goal established by the U.S. Small Business Association (SBA). According to the SBA, small businesses make up 99.9 percent of all firms in the U.S., and account for 63.3 percent of all jobs created from 1992-2013.

SBAIC chairman Carlos Rivera acknowledged that a strong relationship between the nearly 200- member SBAIC and USAID was instrumental in this landmark achievement.

“SBAIC has been a key USAID partner in this endeavor,” said Carlos Rivera, SBAIC chairman and president of Vysnova Partners. “Our small businesses working in international development and on other global projects do exceptional work. We look forward to a continued alliance with USAID, and to increasing our work overseas.”

The SBAIC post-conference gathering traditionally brings together small business attendees of the conference, many of which are women-owned and economically disadvantaged businesses from throughout the United States. The group provides this networking opportunity annually to its member companies working internationally to connect with key USAID staff and prime government contractors to share information and build relationships.

USAID staff members of the Office of Small and Disadvantaged Business Utilization attended the SBAIC event, including Mauricio Vera, OSDBU director, who expressed support of the organization. 

“We are very pleased at the enthusiastic turnout after a full conference day,” said Jasmine Gould, Chief Development Officer, Strategic Consulting Partners and Julia Wilson, CEO & founder of Wilson Global Communications, SBAIC Communications Committee co-chairs in a joint statement. “The passion our membership has for international work and our partnership with USAID is unmatched. We anticipate continued cooperation.”

The Communications Committee co-chairs also announced that the organization’s online newsletter is featuring 13 SBAIC member companies’ projects, and that its re-designed website will soon be launched.

Sponsors included: Gold sponsors, Strategic Consulting Partners, Visionary Consulting Partners, and Wilson Global Communications, LLC. Silver sponsors were: Development Transformations, J.S. Morlu, LLC, Mendez England & Associates (ME&A), and SSG Advisors. Bronze sponsors were: Devis, DevTech Systems, Encompass, LLC, Green Powered Technology, JMO Communications, Juarez and Associates, Panagora Group, and Policy and Management Consulting Group. Photography sponsorship was provided by TechChange.

About SBAIC

Small Business Association for International Companies is a 191-member organization comprised of small businesses throughout the United States. The organization was established to promote the meaningful utilization of U.S. small businesses at U.S. government agencies providing foreign assistance. More than half of the members are small disadvantaged businesses. With an average of 15 years of U.S. government contract experience, many of the SBAIC members serve as prime contractors on 80 percent of the contracted work, managing federal contracts ranging from $100,000 to $42 million USD.

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Media Contact: Julia Wilson, SBAIC Communications Committee co-chair Phone: (202) 461-2215 (office); (202) 340-0608 (cell)
Email: jwilson@wilsonglobalcomm.com