Joe Flynn, program manager of the Procurement Technical Assistance Center at the UT Center for Industrial Services, testified before the U.S. Senate Small Business and Entrepreneurship Committee in May about how the committee could assist entrepreneurs and effectively distribute an additional $10 million in federal assistance to businesses wanting to work with or sell products to government entities.
Serving as a solid liaison between governments and businesses, PTACs offer a perfect economic development solution to government agencies, business entrepreneurs, and citizens who depend on government procurement opportunities to sustain and grow their communities.
In 2008, Tennessee PTAC clients reported receipt of 397 awards valued at more than $780 million. Those awards meant the creation or retention of 15,605 jobs in the state of Tennessee.
The PTAC is an affiliate of the UT Center for Industrial Services, which is one agency of the statewide UT Institute for Public Service.
Flynn's testimony is archived at http://sbc.senate.gov/hearings/20090521.cfm.
