A microloan program designed to assist women, low income, veteran, and minority entrepreneurs, and other small businesses will be evaluated for its impact in growth outcomesRead more »
The Small Business Administration’s (SBA) Microloan Program makes direct loans to qualified nonprofit, quasi-governmental and tribal mediators that, in turn, lend working capital for job creation, equipment, and material purchases. This program is essential for small businesses who do not qualify for traditional business loans and who have historically been underrepresented in the business community across a number of industries. […]
Optimal Solutions Group, LLC (Optimal), evaluated four Small Business Administration (SBA) programs using logic models to determine outcomesRead more »
A logic model provides a visual likeness of the key program pathways linking program components to short-term, intermediate, and long-term outcomes. The purpose of a logic model is to define a program’s theory of change by showing how the program’s underlying assumptions, strategies, resources, activities, and contextual factors are expected to lead to the desired outcomes. Optimal prepared logic models […]
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Government agencies often use incomplete and non-systematic approaches to identify qualified contractors and capable, socially and economically disadvantaged small businesses for government requests. While information about firms is available, it is stored across disparate systems that are not linked together. In order for staff to more efficiently identify small disadvantaged businesses, Optimal Solutions Group, LLC (Optimal), developed a series of […]
Optimal Solutions Group LLC (Optimal) assessed the impact of a program designed to help small businesses owned by socially or economically disadvantaged businesses succeed in the marketplaceRead more »
The Small Business Administration’s (SBA) 8(a) Business Development Program grants participants access to set-aside or sole source contracts, a business opportunity specialist, the right to enter a mentor-protégé program, and other benefits. The goal of the Evaluation of 8(a) Certified Firms is to better understand the market for goods and services demanded by federal agencies and those supplied by 8(a) businesses. The […]
Optimal Solutions Group, LLC (Optimal) evaluated a Small Business Administration’s (SBA) initiative that investigates the outcomes of executive enterprises and business training on the performance of small firmsRead more »
This study helped SBA in improving the program enactment of Emerging Leaders (e200) Training and Mentoring Initiative by identifying strategies to improve program participation and stakeholder engagement. It also identified the factors affecting the business revenue and business survival rates of the businesses poised for growth in historically challenged communities. Optimal assisted in developing the overall evaluation frameworks for SBA’s […]
Optimal Solutions Group, LLC (Optimal), assessed a Small Business Administration (SBA) initiative that provides funding to regional clusters of small businesses for its performanceRead more »
The SBA’s Regional Innovation Cluster (RIC) Initiative, launched in September 2010, promotes and supports U.S. regional clusters—geographically concentrated groups of connected businesses, suppliers, service providers, and similar institutions in an industry or field. Clusters act as a networking hub to convene resources for small businesses. This then helps small businesses in navigating funding, procurement, and supply-chain opportunities in their specific […]
Optimal Solutions Group, LLC (Optimal), analyzed a program designed to help small businesses compete for government contracts to determine why firms leave the program prematurelyRead more »
Established in 2016, the All Small Mentor-Protégé Program (ASMPP) extends the Small Business Administration’s (SBA) approved mentor-protégé relationships to every small business. The program’s goal is to develop strong protégé firms through mentor-provided business development assistance. Optimal assessed why firms leave the ASMPP either during the application process before they are approved for the program or during the program participation […]
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Optimal Solutions Group, LLC today announced that it has been appraised at level 3 for Development (DEV) of the CMMI Institute’s Capability Maturity Model Integration (CMMI)®. The appraisal was performed by Abridge Technology. CMMI is a capability improvement framework that provides organizations with the essential elements of effective processes that ultimately improve their performance.
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The United States Department of Agriculture Food and Nutrition Service (FNS), as part of its efforts to reach out to small businesses, awarded Optimal Solutions Group, LLC (Optimal) a contract to conduct the Annual Child and Adult Care Food Program (CACFP) Sponsor Tiering Determination Assessment for 2014.
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Optimal is pleased to announce the launch of the public version of USAID 2011-2015 Education Strategy Progress Report website at www.usaideducationdata.org. The website serves as a public access point for data and documentation used by the USAID Office of Education to measure progress towards the targets of the 2011-2015 USAID Education Strategy. The public version of the website details results […]
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Substance Abuse and Mental Health Administration (SAMHSA) awarded Optimal a contract to assess the implementation and effectiveness of mobile application technology to provide recovery support services to patients undergoing treatment for opioid dependence in an Opioid Treatment Program (OTP).
September 22, 2021
Optimal was awarded the One Acquisition Solution for Integrated Services (OASIS) – Small Business (SB) Pool 1. OASIS is a General Services Administration (GSA) government-wide best-in-class procurement vehicle that provides flexible and innovative solutions for complex professional services. It encompasses a broad set of offerings covering everything from program management services, management consulting services and financial services to logistics services, engineering […]
September 14, 2021
In October 2021, the University of Maryland, College Park will host a workshop for individuals in academia, industry, and government to discuss how academic-corporate partnerships can advance social, behavioral, and organizational science research to impact society and science. The two-part event will kick-off with virtual session comprised of subject matter experts and partners. One goal of the workshop is to […]
August 25, 2021
The federal government established the 8(a) program to improve the capacity of small businesses owned by the socially and economically disadvantaged members of society by creating a level playing field for providing goods and services to the federal government and increasing the supply base of qualified businesses owned by such members of society. The Small Business Administration partnered with Optimal […]
August 25, 2021
Women face a wider variety and a greater severity of challenges in starting and growing their business ventures than men. Difficulties obtaining government contracts represents one of the largest hurdles faced by women-owned firms. Congress approved the Women-Owned Small Business (WOSB) Federal Contracting Program to provide greater opportunities for small businesses to win federal contracts. The Small Business Administration partnered […]
August 18, 2021
Four representatives from Optimal Solutions Group LLC (Optimal) will present research papers on the effects of federal contracting opportunities for small businesses at the Association for Public Policy Analysis & Management’s (APPAM) 43rd Annual Fall Research Conference in Austin, Texas, this November. As part of the panel “The Effects of Government Procurement Policies and Practices in Advancing Small Business Contracting […]
August 18, 2021
The National Institute of Standards and Technology’s (NIST) Manufacturing Extension Partnership (MEP) offers tools, solutions, and resources to address manufacturer’s diverse challenges and opportunities. Optimal Solutions Group LLC (Optimal) will provide access to a manufacturing data analysis and modeling tool or service . This tool/service will put dynamic and relevant manufacturing data in the hands of the MEP Centers, which helps […]
August 18, 2021
Each year, the Small Business Administration (SBA) produces its Small Business Procurement Scorecard, which aims to assess the performance of federal agencies towards achieving their small business contracting goals, provide valid and reliable data on federal contracting with an emphasis on transparency, as well as analyze and report agency level and government-wide progress towards the goals. For fiscal year 2017, […]
August 17, 2021
The Historically Underutilized Business Zone (HUBZone) program, part of the Small Business Administration (SBA), helps small businesses in low-income metropolitan or rural areas with high poverty and unemployment rates gain preferential access to federal procurement opportunities. Businesses obtain HUBZone certification in part by employing staff who live in a HUBZone and maintaining a “principal office” in one of these specially […]
August 15, 2021
The Small Business Administration’s (SBA) Boots to Business (B2B) program is offered free of charge and helps transition service members from military to civilian life through entrepreneurship education and training. During the COVID-19 pandemic, an in-person course rapidly transitioned to an instructor-led virtual course. A new study by Optimal Solutions Group LLC (Optimal) examines the implementation of the virtual delivery […]
August 15, 2021
The Small Business Administration (SBA) monitors whether government agencies are providing opportunities for small business participation in federal contracting by performing Surveillance Reviews, which assess whether selected Procurement Centers (PCs) at federal agencies execute their small business programs effectively and according to federal regulations. The SBA completes about 30 Surveillance Reviews annually at major PCs across the country. These are […]
September 28, 2020
Revelo’s accessibility testing, analytics and reporting platform, iAccessible, has been accepted to be featured at the 2020 Interagency Accessibility Forum! The event takes place October 6 & 7.
September 18, 2020
Revelo Software has been selected to join this year’s Forefront industry program as an early-stage software company on September 22-23, 2020. Revelo’s co-founder, Tracye Turner will be presenting Revelo transforms and automates data collection and big data needs. To learn more about Forefront 2020 and register for the event, click here Click the link to read the official press release […]
September 10, 2020
Tracye Turner, EVP/COO, Optimal Solutions Group, recently participated in Johns Hopkins University’s “Entrepreneurship Matters” series. Entitled “A Conversation with Entrepreneurs Tracye Turner and Tina Williams-Koroma,” the conversation ranged across a variety of topics and issues common to small business. The series is hosted by Alicia Wilson, Vice President for Economic Development at The Johns Hopkins University and Johns Hopkins Health System. The link to the talk […]
August 11, 2020
COVID-19 has interrupted corporate internships, but Optimal Solutions has developed a safe alternative.
July 1, 2020
The annual federal procurement scorecard assesses the extent to which federal agencies reach their small business contracting goals, which Congress develops. The SBA is responsible for ensuring that small businesses participate in the government-wide goal, which is established annually at the statutory levels, and that the reporting agencies’ achievements are close to reaching the goals. The SBA made revisions to […]
June 10, 2020
The challenges of quickly transitioning to online classes in response to the COVID-19 global health crisis highlight the urgent need for digital accessibility in higher education. Website designers and developers often overlook incorporating accessibility features and best practices and may be unaware that they have created an inaccessible website. iAccessible tests websites for digital accessibility, instructs developers on how to […]
April 20, 2020
Revelo Software, LLC (Revelo) has been approved to join as a member of the World Wide Web Consortium (W3C). Led by web inventor Tim Berners-Lee and Director Jeffrey Jaffe, W3C is an international community that develops protocols, guidelines and standards for the web. Web standards that are presented by the W3C are developed by members for the W3C community, W3C […]
April 1, 2020
The Maryland Technology Enterprise Institute (MTECH) awarded a Maryland Industrial Partnership (MIPS) grant to Optimal Solutions Group (Optimal) and the University of Maryland Baltimore County (UMBC) jointly to build an automated government procurement decision support tool. The work conducted over the next year will focus on creating a deep learning algorithm as the backend of a tool for government agencies’ […]
December 4, 2019
The MacArthur Foundation and its affiliate Lever for Change, has launched the Economic Opportunity Challenge aimed to improve the financial health of low-income individuals and families in the United States. The panel will select up to five finalists that present the best evidence-based, data-driven solution on how to improve economic opportunities for low-income families and communities in the United States. […]
June 17, 2019
Optimal Solutions Group will present and have an exhibitor booth at the National Center for Education Statistics’ (NCES) Data Conference (DC-STAT) from July 24-26.
June 16, 2019
Optimal Analytics, a division of Optimal, has been at the forefront of automation and machine learning in the public sector since 2009.
June 10, 2019
The U.S. Department of Health and Human Services (HHS), Program Support Center announced awards for the Intelligent Automation/Artificial Intelligence Solutions, Services and Products IDIQ on May 31st.
June 6, 2019
Optimal Solution Group, LLC will participate as an exhibitor in the 2019 M-Enabling Summit, unveiling its new iAccessible software Platform.
October 11, 2018
Like buildings and homes, websites may have barriers to accessibility that are not obvious until you know what to look for. Site users who are blind need text descriptions of images that can be read by a screen reader device, while users who cannot easily grip objects will need forms with fields that are navigable without clicking a mouse.
October 2, 2018
The Small Business Administration’s Office of Performance Management has contracted with Optimal Solutions Group to assess the effectiveness of online training on topics such as marketing, contract management, and federal contracting rules and regulations for participants in the 8(a) Business Development Program.
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