255: Trump Just Shook Up SBA Programs—Here’s What It Means for You!

Ever been burned by finance companies, I know I have. So often as small minority owned businesses we do not get the best rates, offers or just out right get taken advantage of because of what we don’t know. Thanks to our new partner, Encore Funding we are now bringing you a trusted source for government contract financing. With more than $500M in funding going to minorities alone in 2024 Encore is here to support your business. Visit encoregov.com for information on how to apply.  In this episode, I break down the latest executive orders from President Trump following his 2025 election victory and what they mean for small business owners in the federal space. There’s a lot of confusion surrounding the recent elimination of DEI initiatives and how it impacts SBA programs like HUBZone, 8(a), and Women-Owned Small Business certifications. I clarify the difference between DEI policies and federally mandated small business programs, which are protected under the Small Business Act—not subject to a simple executive order. Plus, I share why a shrinking federal workforce could mean more contract opportunities for small business owners like you. I also dive into some powerful statistics from 2023—over $700 billion spent in federal contracts, with $180 billion going directly to small businesses. Despite concerns about policy shifts, government spending is only expected to increase, especially in areas like AI, cybersecurity, and disaster recovery. Now is the time to position yourself for success, connect with key decision-makers, and seize the opportunities that are opening up in this evolving market.

Om Podcasten

After the real estate market crashed in 2007 Mr. Coffie launched a successful consulting company helping small business owners earn millions in revenues via federal small business programs. In 2012 he launched Evankoff Construction, a steel erection company building airplane hangars and metal buildings for government agencies around the country. In 2017 Mr. Coffie launched Scorecontracts @ YouTube a channel to help other small businesses achieve their revenue goals using the power of federal contracts. The podcast Govcon Giants is dedicated to showcasing the scalability of growing a business harnessing the power of federal dollars. The marketplace is wide open for all that want to gain a piece. Meet some of the world’s greatest masterminds behind the trillion-dollar behemoth. We interview small firms, large firms, past and current contract officials, government agencies and their representatives all in the name of helping the small business get a leg up in the industry. If you want to participate in this market then you are in the right place.