SBPI (Small Business Procurement Initiative)

The Small Business Procurement Initiative (SBPI) is a federal program which encourages the use of small businesses by providing incentives for contracting agencies to work with small businesses. SBPI encourages eligible businesses to offer competitively priced products or services that meet the requirements of a particular project, and incentivizes procurement officers to give preference to such businesses. Through the use of tax credits, priority in selection, and other tools, SBPI promotes an equitable environment in which small businesses are able to compete at the same level as larger competitors.