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Small Business Administrator Isabella Casillas Guzman (left) and NASA Administrator Bill Nelson (right) are pictured in front of a sign reading "Investing in America" on July 18, 2023 at NASA's headquarters in Washington.
Small Business Administrator Isabella Casillas Guzman (left) and NASA Administrator Bill Nelson (right) announced record-high investment in small businesses for government contracts July 18, 2023 at NASA’s headquarters in Washington. (Photo by Madison Alder)

Small business government contracting hits record high of $163B, SBA says

The figure represents a 5.6% year-over-year increase in the volume of small business contract awards made by the U.S. government.
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