Fastest-Growing NAICS Codes for Federal Small Business Contracts

Are you a small business looking to make your mark in federal contracting? The landscape is booming! Federal small-business contracting has seen a significant increase, rising from approximately $154 billion in FY2021 to over $183 billion in FY2024, with small firms now securing about 28% of eligible federal prime contract dollars, exceeding the 23% statutory goal. This growth signals a deliberate shift by agencies to direct more work to small businesses.

In this episode, we'll dive deep into the fastest-growing industries (NAICS codes) for small-business federal contracts, based on a comprehensive analysis from FY2021–FY2025 year-to-date data. We'll uncover where the demand is exploding and how you can position your business to win.

Key takeaways you'll gain:

• Top Growth Sectors: Discover the NAICS codes leading the charge in small-business obligations, including:
• Driving Forces: Understand how agency-specific initiatives (like DoD's tech focus or VA's construction mandates), socio-economic set-aside programs (such as 8(a), SDVOSB, and HUBZone), and broader federal spending trends (IT modernization, infrastructure, climate investments) are fueling this growth.
• Winning Strategies: Learn actionable steps to position your business for these opportunities, including:

This episode is your essential guide to understanding where small-business contracting is headed and how to effectively capture your share of these expanding federal markets. Tune in to leverage these insights and propel your government contracting business forward!