In fiscal year 2024 (ending September 30, 2024), the federal government awarded 23.3% of its contracts to small businesses. This amounted to $176.11 billion. If you want to become a federal contractor or subcontractor, explore the Department of Defense’s APEX Accelerators, which says it assists businesses to enter and participate in the government supply chain. The program is designed to help connect small businesses to the local resources and office. This means no-cost guidance and support to help small businesses success in the government marketplace. #IdeaoftheDay