The Transportation Security Administration is in the market for small businesses that offer security technology. Because large companies quickly buy out a great deal of startups, the organization’s Small Business Programs office is looking at new ways to diversify this marketplace by facilitating investments.
Adequate funding is one of the biggest roadblocks for entrepreneurs who want to sell to government agencies as well as the tallest hurdle for the Transportation Security Administration’s (TSA’s) program to overcome. Many small businesses just don’t have sufficient capital to keep their doors open through the lengthy process between requests for information and contract awards.