The federal contracting world is about to undergo a significant change, and veteran-owned businesses need to be ready. Signed on March 20, 2025, Executive Order 14240 is set to consolidate federal procurement under the General Services Administration (GSA). The goal is to eliminate waste, reduce redundancy, and save taxpayer dollars by centralizing common goods and services procurement within one agency—GSA
Federal contractors are facing a wave of uncertainty as Diversity, Equity, and Inclusion (DEI) policies come under scrutiny. Many small business owners are concerned about the potential ripple effects on set-aside programs like SDVOSB, WOSB 8(a), and others. With information circulating, it’s critical to understand the facts and separate policy changes from speculation.
Mentor-protégé programs have been instrumental in helping small businesses navigate the federal contracting landscape. They enable smaller firms to partner with larger, more experienced companies, gaining access to resources, expertise, and federal opportunities that might otherwise be out of reach.
This article explores the benefits of these programs, recent updates, and actionable steps small businesses can take to thrive under changing regulations.
