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Obama’s Presidential Management Intern Program
Transcript of Obama’s Presidential Management Intern Program
This program encourages economic development and creates jobs.
The demographic areas entitled to this program are defined in the census tract of the internal revenue code. SBA also stores this information in their database.
You must be a U.S. citizen with sole proprietorship and 35 percent of the employees must live in a HubZone. Programs to Assist Small Business in Securing Federal Contracts Service-Disabled Veteran Owned Small Business Program – This program was establish to award 3 percent of prime contracts to the service-disabled veteran-owned small business (0 - 100% disability)
It’s Purpose is to:
Reserving contracts exclusively for service-disabled veteran businesses;
Encouraging and facilitating participation by service-disabled veteran businesses in competitions for award of Agency contracts; Programs to Assist Small Business in Securing Federal Contracts Woman-Owned Small Business Program – This program was put into place to encourage women owned businesses to apply for federal government contracts. The business must be 51 percent owned, controlled and operated by a U.S. citizen that is female.
This program directs acquisition officials to get involved and take appropriate action to facilitate, preserve, strengthen and encourage women owned businesses to secure contracts. The Government spends approximately $105 billion annually on contracting opportunities.
Small Business Administration (SBA) was created to assist small businesses so they could prosper and grow, in return this is boosting the U.S. economy.
SBA establish offices, offer training and mentoring programs, provide information, advice and funding for small businesses doing business with the federal government. Small Business Programs EFE Matrix for General Electric GE's Industry Analysis Motto: "Why predict the future when you can create it?"
General Electric is one of America’s most prestigious and innovative companies in America, with a rich history for over 130 years.
The company was started by Thomas Edison and Charles Coffin in 1892.
GE has a diverse portfolio that consist of a wide range products and services which incorporates several leading businesses
Some of the products and services are appliances, healthcare, aviation lighting, oil and gas, locomotive and railroad management, electronics, customer training, electrical distribution, energy, software, water and finance...etc., General Electric (GE) http://usgovinfo.about.com/od/smallbusiness/a/sbadrives.htm
Grose, Donald D. Journal of Small Business Management. Jan74, Vol. 12 Issue 1, p13-16. 4p.
O’Connor and Wangemann, Federal Contracting Answer Book, 2nd ed.,2009 Bibliography • 23% of prime contracts for small businesses; of the noted 23%, the following sub-goals are in place for specific types of small businesses.
• 5% of prime and subcontracts for women-owned small businesses; SBA Goal for Small Business
Contract Participation Programs to Assist Small Business in Securing Federal Contracts Encouraging Agency contractors to subcontract with service-disabled veteran businesses and to actively monitor and evaluate Agency contractors' efforts to do so;
Train Agency personnel on applicable law and policies relating to participation of service-disabled veteran businesses in Federal contracting;
Disseminate information to service-disabled veteran businesses that would assist these businesses in participating in awards of Agency contracts;
Holding special outreach sessions for service-disabled veteran businesses. 8(a) – name for the SBA law that is cited, this program offers managerial, technical, and financial support to the participating business where 51 percent of the business is owned by socially and economically disadvantaged U.S. citizen.
It’s Purpose is to:
Foster business ownership by individuals who are socially and economically disadvantaged.
Promote the competitive viability of these firms by providing contract, technical, and management assistance.
Expand acquisition opportunities for these firms. Programs to Assist Small Business in Securing Federal Contracts General Electric (GE)
History GROUP B
General Electric GE works on things that matter
Discovering solutions in energy, health, home, transportation and finance
Employing the best people to create the best technologies and taking on the toughest challenges We're Making Progress • 3% of prime and subcontracts for service-disabled veteran-owned small businesses. • 3% of prime contracts for HUBZone small businesses; • 5% of prime contracts for Small Disadvantaged Businesses; MISSION and VISION STATEMENT General Electric (GE) GE has partnered with some of the most leading technology organizations of today to enhance the company’s technology capabilities.
GE technologies are in more than 100 countries around the world. More than half of its revenues come from outside of the United States.
GE continues to make huge strides in acquiring new contracts creating profiitability Key External FactorsWeightRatingWeighted Score
2.More developing countries are in need of health and energy 0.0820.16
technologies and equipment
3.Major competitive only supply technologies for government
4.All countries looking for way to produce clean energy
5.NIH scientific research for health issues
6.Major petroleum researching alternative for clean energy
8.Regulation requiring money to be spent
9.Pricing from other competitors Competitive Profile Matrix (CPM) GE