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Essay / Research Paper Abstract
A 22 page paper that presents a literature review as a project. The topic is small business and more specifically, minority- and women-owned small business enterprises. The essay reports historical challenges, explains the Small Business Jobs Act 2010, and draws conclusions. Includes lots of statistical data and 1 table. Bibliography lists 19 sources.
Page Count:
22 pages (~225 words per page)
File: ME12_PG700366.doc
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Unformatted sample text from the term paper:
2010 was enacted to provide programs that would help small business owners, particularly minority-owned businesses, to grow their businesses. Introduction : Project Description Federal, state, and local governments purchase
billions of dollars worth of products and services every year and they are required to contract with a percentage of small businesses. To obtain small business certification with the government
requires the enterprise to register with the government as a vendor (SBA, Certification, 2012). As of July 29, 2012, small businesses needed to register through the System for Award Management
(SAM). The size of the enterprise governs whether it is a small business or not. The size is usually related to the average number of employees over the last 12
months or average annual receipts over the last three years. The size may differ according to industry A minority-owned business is one in which at least 51 percent of the
enterprise is owned by minorities. The SBA also certifies disadvantaged businesses. The criteria are: veteran-owned, woman-owned, minority-owned, or owned by a person with disabilities. Businesses identify themselves as disadvantaged based
on these criteria. The SBA has numerous programs and materials to help small businesses and disadvantaged businesses (SBA, Disadvantaged, 2012). Minorities may also obtain minority-owned business certification through the
National Minority Supplier Development Council (NMSDC). This certification may be a great asset to the business (Kessler, 2010). Corporate members of this organization include the likes of Microsoft, IBM,
and Marriott. The council helps corporations connect with more than 17,000 minority-owned businesses. In the public sector, 17 states and 25 cities accept this certification for programs that are designed
to win public sector contracts (Kessler, 2010). The purpose of this research is to investigate how the government provides resources to minority-owned businesses through the Small Business Jobs Act
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