Nuclear power accounts for nearly 20 percent of the electricity generated in the United States, according to the Department of Energy, which is responsible for advancing the government’s mission to secure domestic sources of energy. The government contracting sector plays an important role in that mission. As of December 2020, the United States had 94 […]
There were about 6,272 unique employee stock ownership plans in the United States as of 2018, the most recent year for which data is available, according to the National Center for Employee Ownership. Underlying worker ownership supports the principle that Americans want to work for themselves. Still, Harvard Business Review argues that the true test of employee ownership […]
Women business owners in most countries face more challenges in comparison to men, according to a 2017 research by the U.S. Senate Committee on Small Business and Entrepreneurship. The report identified three major obstacles: a lack of role models and mentors, the gender pay gap and unequal access to funding and venture capital. In the […]
The federal government has deemed it a moral obligation to provide more economic opportunities to veterans disadvantaged by a disability. Through certain provisions under the Small Business Act of 1951, the government is mandated to set aside 3 percent of its federal contracting dollars to service-disabled veteran-owned small businesses each year. Service-disabled veterans are also […]
Capture and proposal management are valuable phases in the federal business development lifecycle. The capture manager is responsible for everything that occurs between opportunity identification and proposal submittal, according to the KSI consulting firm. Businesses often focus on how their internal capabilities and offerings can satisfy a customer’s needs, but capture and proposal management are […]
In late 2020, the government’s COVID-19 High Performance Computing Consortium provided medical researchers with the brute computational power they needed to identify potential near-term therapies for patients afflicted with the coronavirus. HPC systems can perform up to quintillions of calculations per second and unlock a world of possibilities outside the bounds of consumer-grade electronics. The technology’s applications […]
More and more companies are engaging in mergers and acquisitions to keep up with competitive pressures and the trend towards globalization. Such businesses often turn to investment bankers to streamline the valuation process and for tactical recommendations. Investment bankers, according to Boundless Finance, are experts at calculating what a business is worth, allowing their clients […]
Corporate development executives are responsible for some of the most impactful business moves, including mergers, acquisitions, divestitures and in-house capital raising. Through corporate development, a company can fully leverage its competitive advantage to improve operating performance and outperform its competitors, according to the Corporate Finance Institute. The corporate development executive’s function varies greatly from company […]
Some projects are too large in scale to be taken on by the public or private sector alone. Through strategic partnerships with the public sector, private companies can play to their strengths while letting the government make up for shortcomings. Public-private partnerships have historically been key in the financing and operation of public transportation networks, parks, convention […]
Federally funded research and development centers were born out of the United States’ war effort during the Second World War. The government’s research needs at the time were focused on challenges in defense, aviation and nuclear proliferation. In the modern age, FFRDCs have expanded their scope and are now influenced by the global landscape rather […]
