FY2024 Federal Goals vs Achievements
| Category |
Goal |
Achieved |
Dollars |
Status |
| Small Business |
23.0% |
27.2% |
$178.6B |
✓ Exceeded |
| Small Disadvantaged |
5.0% |
12.1% |
$79.4B |
✓ Exceeded |
| Women-Owned |
5.0% |
5.4% |
$35.4B |
✓ Exceeded |
| HUBZone |
3.0% |
2.8% |
$18.4B |
↓ Missed |
| SDVOSB |
3.0% |
4.8% |
$31.5B |
✓ Exceeded |
Top Agencies by Small Business Spending
DoD
$89B to Small Business
VA
$14B to Small Business
DHS
$8B to Small Business
HHS
$6B to Small Business
Set-Aside Trends (5-Year)
- Growing Categories: 8(a) (+45%), WOSB (+38%), SDVOSB (+29%)
- Declining Categories: HUBZone (-12%), Unrestricted small business (-5%)
- Sole Source Awards: Increasing, now 18% of small business dollars
- Average Contract Size: $1.8M for set-asides vs $4.2M unrestricted