Yes, I know. You do not need to repeat it. But since you likely will, so will I. “That is like saying I am from the government and I am here to help.”
Got that out of your
system?
You can do business with the
federal government and it can be a profitable partnership. And that includes start-ups. Yes, I know. You
are asking “but George, how is that possible?” as you roll your eyes.
Well, start with the defense
industry. You may engage in some red
tape, but preparation and planning are essential to initial success. The U. S. Dept. of Defense (DOD) awarded $445
billion in contracts in 2020. Perhaps
equally, if not more important, the Pentagon actively seeks and recruits technologically
oriented firms to solve challenges they cannot easily overcome. As noted in the
link on this post, DOD awarded $1.5 billion in early stage funding to 1,635
small businesses.
While I can go on, I suggest
you read this excellent article by Mrinal Menon and Jeff Decker, PhD in Fast Company. Fast
Company is one of my new “must reads”.
If you are a technology oriented company, you likely will not regret it.
Link to article:
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