Boxes of relief supplies from the U.S. Agency for International Development are loaded onto an aircraft. For only the second year running, USAID has set a worldwide procurement goal for U.S. small businesses — 10 percent of prime contract spending in fiscal 2015. Photo by: Liam Kennedy / U.S. Pacific Fleet / CC BY-NC

For only the second year running, the U.S. Agency for International Development has set a worldwide procurement goal for U.S. small businesses — 10 percent of prime contract spending in fiscal 2015. USAID acting Administrator Alfonso Lenhardt reaffirmed that target Thursday at the U.S. aid agency’s eighth annual small business conference in Washington, D.C.

In fiscal 2014, USAID awarded 12.1 percent of its prime contract spending worldwide to U.S. small businesses, nearly double its 6.5 percent target that year.

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About the author

  • Piccio

    Lorenzo Piccio

    Lorenzo is a former contributing analyst for Devex. Previously Devex's senior analyst for development finance in Manila.