Based on Devex analysis, USAID has awarded, on average, 5.9 percent of its annual contract spending to women-owned contractors over the past five years. In fiscal 2015, that figure stood at 4.8 percent, down from 6.4 percent the year before.
The vast majority of USAID’s women-owned contractors are small businesses. In fiscal 2013, USAID for the first time met its long-standing statutory goal of awarding 5 percent of contract dollars to women-owned small businesses. After meeting that target two years in a row, USAID fell short of achievement in fiscal 2015, according torecently released figures from the U.S. Small Business Administration.
Lorenzo is a contributing analyst for Devex. Previously Devex's senior analyst for development finance in Manila, he is currently an MA candidate in international economics and international development at the Johns Hopkins School of Advanced International Studies in Washington. Lorenzo holds a bachelor's degree in government and social studies from Wesleyan University.
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