Record Achievement for Small Business Awards in 2024

July 17, 2025 - 08:38

In a remarkable turn of events, the Small Business Administration has unveiled its fiscal 2024 small business scorecard, revealing that 21 out of 24 federal agencies have achieved top grades of “A” or “A+.” This unprecedented accomplishment highlights the commitment of these agencies to supporting small businesses across the nation.

The scorecard serves as an essential tool for assessing how well federal agencies are meeting their small business contracting goals. The impressive ratings reflect a concerted effort to enhance opportunities for small enterprises, which are vital to the economy.

With a focus on fostering innovation and job creation, these agencies have implemented various initiatives aimed at increasing access to federal contracts for small businesses. The high scores not only indicate effective performance but also signal a positive trend in government support for smaller companies, which often face challenges in competing with larger corporations.

As the landscape for small businesses continues to evolve, this achievement marks a significant milestone in the ongoing effort to empower and uplift the backbone of the American economy.