PROGRAM DESCRIPTION
On the Road to Small Business Success
The California Institute of Technology Small Business Program carries out the Institute’s commitment to providing maximum procurement opportunities for small business enterprises. It is the Institute’s goal to reach out to such businesses in the community and to find responsive and responsible suppliers who can meet the procurement needs of the Institute.
The Small Business Program provides supplier-sourcing services to the Institute’s Purchasing Agents, Contract Administrators, and all academic departments. Other services offered by the Small Business Program include a Small Business Resource Directory; staff training workshops in socio-economic programs, and community outreach efforts.
Federal and State Compliance
The California Institute of Technology is a major recipient of research funding from both the Federal and State Governments. Therefore, the Institute is obligated to develop and maintain a Small Business Program to promote the use of small and disadvantaged businesses when procuring goods and services.
The Small Business Program assists the academic departments in developing small business goals for research and service proposals on Federal and State levels. It is responsible for developing government subcontracting plans in compliance with the Federal Acquisition Regulations (FARs); reporting contract/grant compliance of small business goals; monitoring for compliance with goals and preparing “Good Faith Effort” proposals; and submitting quarterly and semi-annual reports on the status of small business goal compliance to appropriate Federal and State agencies.
