Wednesday, February 6, 2013

Prince George's County Announces New Business Development Reserve Program for Local Businesses

The Prince George’s County Business Development Reserve Program (BDRP) was created and designed to encourage and assist County-based businesses to contract with the County for goods and services.

Our goal is to assist local businesses in being competitive and effective in securing contracts with Prince George’s County Government.

The BDRP program is a two year pilot that invites local businesses to apply for participation in the program of which, fifty (50) applicants from five industries will be chosen through a Lottery System.

Supplier qualification requirements include:
·         Supplier must meet the definition of “small business” pursuant to the Code of Maryland Regulations (“COMAR”) 21.01.02.01(80);
·         Supplier classified as being in the construction industry by Sector 23 of the current edition of the NAICS codes, the supplier must meet the federal definition of “small business concern” in Part 121 of Title 13 of the Code of Federal Regulations;
·         The business must be small according to the size standards for small business concerns as determine by the business’ NAICS codes;
·         Minority businesses participating in the program must be certified by one of the authorized third party certifiers currently used by the County;
·         The business must have been in business for at least two years;
·         Total revenues must not exceed $10 Million;
·         Suppliers must meet County based business certification requirements per Section 10A-161 of the County Code.

In addition, BDRP pilot participants are required to complete a training program consisting of a set of core courses designed to enhance their business development and capacity.

APPLICATION DEADLINE
IS FEBRUARY 28, 2013!
To apply for the BDRP program, click here. For more information, contact the Minority Business Development Division at

For more information: Call SDDD, 301-883-6480
To Apply, CLICK HERE

No comments:

Post a Comment