Doing Business with Federal Agencies: Department of Treasury

About the Episode:

Tapping into government contracts can be a game-changer for businesses looking to scale and grow. The Virginia MBDA Business Center hosted this virtual discussion with the U.S. Department of Treasury’s Office of Small Disadvantaged Business Utilization (OSDBU) regarding their FY 2023 Initiatives & Goals. This webinar focuses on empowering minority businesses with invaluable insights and knowledge to navigate the process of working with the Department of the Treasury.

Joining us in this discussion is Mr. Brian Watson, who will guide us through the intricate landscape of government contracting, shedding light on establishing connections with the treasury and securing those sought-after government contracts. Brian will share insights, tools, and training resources to equip the minority business community with the essential information they need. So, whether you’re a startup, a small enterprise, or an established business, there is something for you on how to do business with the Department of the Treasury successfully.

Click below for the Treasury OSDBU website where you can access their Small Business Electronic Capability Statement (SB-eCS), Forecast of Contract Opportunities, Outreach Activities, and Mentor-Protégé Program, and more:

Tune in!

Here’s What You’ll Get In This Episode

[00:01] Episode intro and what’s in for you with Mr. Brian Watson from Treasury

[02:32] A quick bio of Mr. Brian Watson from the U.S Department of Treasury

[04:46] A brief overview of the U.S Department of Treasury as a federal agency

[09:15] Who is who, and what is their mission at the U.S Treasury bureaus

[11:19] Bureaus that engage in contracts within the Treasury

[14:49] Vendor outreaches during the Covid and whether that’s a plan to resume

[18:01] Treasury’s business partnership program

[23:24] How small businesses can gain access to Treasury’s contract opportunities

[32:07] Can 8(a) companies get contract opportunities on the IRS website?

[34:10] More questions from the audience

[57:47] Wrap up and final thoughts

[01:02:06] Ending the show and call to action

Notable Quotes

  • Integrity is key to maintaining business relationships
  • You can control your response, but you can’t control how people act
  • Rome was not built in a day, and it didn’t fall in a day, so take your business one step at a time
  • When giving your price or rate, never sell yourself short; give them everything about how you built the rate and what comes with it.
  • Quitters never win, and winners never quit.
  • Always be willing to learn because there is no one rule book on how to be an entrepreneur or professional.

Connect with Brian Watson

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