Project 1 – Minor Principle Application
Select a small business seeking to conduct business with government entities (this may be your own business, a future business, a company you are working for, another business, etc.).
Identify and select at least one active opportunity or projected opportunity (Federal, State, or local) which falls within the purview of that business.
The opportunity may be an RFP, RFQ, IFB, etc., or a forecasted opportunity found on an agency’s website.
You are welcome to locate additional opportunities
Write a 3 to 5-page report on why this opportunity was initially selected for this business
Prepare this report as though you are presenting justification for pursuit to the owner/executive staff. Follow the below items to form the outline of the submission.
– Provide an executive summary that outlines the scope of the project and major implications/highlights
– Provide a description of the selected organization
– Include the mission statement, vision statement, etc. (if available).
– Provide a description of its product/service offerings
– Provide a synopsis of the opportunity (solicitation)
– How does the opportunity fit into the business strategy?
– What are the key factors that make this an attractive opportunity?
– Are there any initial concerns (identifiable risks) regarding this opportunity?
– What are the potential benefits related to this opportunity?
– Are there any gaps related to your company’s capabilities/qualifications in the development of a response and the execution of the contract?
– Provide a brief course of action for the pursuit of this opportunity. What are the next steps?