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2022 Veterans Innovation and Entrepreneurship Program
Have you ever had a great business idea but didn’t know where to start? Do you need help launching, growing, or protecting your business? Would you like to learn more about raising capital, funding opportunities for research and development, buying inventory, obtaining lines of credit, or building a working prototype? Are you interested in learning how to sell your product or service to federal, state, or local government agencies?
If you answered “yes” to any of these questions, register early for our online 2022 Veterans Innovation and Entrepreneurship Program, happening Wednesday, November 30, from 1-4 p.m. ET. This event is open to all, and we encourage everyone who is affiliated with the military to attend.
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Treasury Debuts Plan to Penalize Foreign Investment Threatening National Security
The guidance from the Committee on Foreign Investment in the United States comes as legislators have been increasingly worried about foreign investment in major technology companies.
The Biden administration on Thursday released the first-ever enforcement and penalty guidelines for foreign companies and investors that violate national security review protocols, a move that comes as federal officials and lawmakers have expressed growing concerns about the involvement of China and other adversarial nations in the operations of major technology companies.
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Notice of Updated NAICS Codes for Use in the Women Owned Small Business Federal Contract Program
The U.S. Small Business Administration (SBA) is updating the North American Industry Classification System (NAICS) codes authorized for use in the Women-Owned Small Business Federal Contracting Program (WOSB Program). This update is being made to reflect the U.S. Office of Management and Budget's (OMB) NAICS revision for 2022, identified as NAICS 2022. These changes would impact 85 of the 2017 NAICS codes eligible for use under the WOSB Program.
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Small Business Size Standards: Adjustment of Monetary-Based Size Standards, Disadvantage Thresholds, and 8(a) Eligibility Thresholds for Inflation
This rulemaking finalizes, without change, the U.S. Small Business Administration's (SBA or Agency) 2019 interim final rule (RIN 3245-AH17) that adjusted monetary-based industry size standards ( i.e., receipts- and assets-based) for inflation that occurred since 2014. This rulemaking also includes three interim final actions. First, SBA adds an additional 13.65 percent inflation increase to the monetary small business size standards, which have been recently adjusted as part of the second five-year review of size standards pursuant to the Small Business Jobs Act of 2010 (Jobs Act). This concurrent additional adjustment accounts for the inflation that has occurred since 2019 that has not been adequately addressed by the Agency's previous adjustments to its small business size standards under the Jobs Act. Second, this rulemaking adjusts three program-specific monetary size standards to account for inflation: the size standards for sales or leases of government property, the size standards for stockpile purchases, and alternative size standard based on tangible net worth and net income for the Small Business Investment Company (SBIC) program. Third, SBA adjusts for inflation the economic disadvantage thresholds applicable to the 8(a) Business Development and Economically Disadvantaged Women-Owned Small Business (EDWOSB) programs, and the dollar limit for combined total 8(a) contracts.
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DoD Zero Trust Strategy
The Defense Department officially unveiled a zero trust strategy and roadmap today laying out how DoD components should direct their cybersecurity investments and efforts in the coming years to reach a “target” level of zero trust maturity over the next five years
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December 6, 2022
CONNECTING WISCONSIN BUSINESS OWNERS
Presented by the Wisconsin Economic Development Corporation, MARKETPLACE is the Governor’s Annual Conference on Diverse Business Development. This event connects business owners from across Wisconsin seeking to do business with state, federal and local governments as well as the private sector. The conference provides the opportunity for established minority-, woman-, veteran- and LGBTQ+-owned businesses and small businesses to learn from and connect with resource providers, government representatives, corporate buyers and business professionals to lay a foundation for new partnerships and business opportunities.
An updated Buyers List is available HERE
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December 7, 2022
Sessions will focus on federal and federal prime contractor opportunities for
diverse and small businesses.
This year’s sessions:
- 9:00 AM Central Time – FEDERAL AGENCY PANEL – The Federal Government spends over $600 billion annually on a wide range of goods and services. In the federal market, small and diverse firms have a competitive advantage – contracting goals are in place for small, disadvantaged (includes minority), woman, service-disabled veteran and HUBZone certified firms. During this session you will hear from federal agency representatives on what they buy, what they look for in a contractor, what opportunities are available and what they expect from their contractors.
- 10:00 AM Central Time – FEDERAL PRIME CONTRACTOR PANEL – Large federal prime contractors with large federal contracts are obligated to work with small and diverse businesses. These contractors have what is known as a “small business subcontracting plan” which outlines their subcontracting plans and small business goals. During this session, federal prime contractors will share information about their firms and about their contracts, and how a small / diverse business could become their subcontractor.
- 11:00 AM Central Time – UNDERSTANDING TEAMING – PARTNERING – MENTORING – JOINT VENTURES – In Federal Government contracting, your competitor on today’s opportunity may be your partner on the next project. Successful federal contractors understand and leverage the competitive advantage that the various TEAMING methods and programs can bring. During this session you will learn about some of these federal programs, and how to bring teaming into your Federal Government market development and growth strategy.
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The Last Cyber Friday Session for 2022!
11:00 - Noon
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December 2: Designing and Using Security Exercises to Test and Improve Security Programs
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Upcoming WPI Office Hours
Click date to schedule an appointment or request more information
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Green Bay
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Be sure to follow WPI on social media (Facebook, LinkedIn, Twitter) for regular updates on events, news and opportunities.
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WPI 10437 Innovation Dr. Suite 320, Milwaukee, WI 53226 414-270-3600
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