SECAF's Contractor Advice Forum Celebrates One Year
Contact: Jennifer Edgerly
Forum Has Been Well Received by SECAF Members Looking for Valuable Insight From Experts in Government Contracting Best Practices
McLean, VA, Dec. 8 2010 – The Small and Emerging Contractors Advisory Forum (SECAF), the premier organization for the small and emerging government contractor, is pleased to announce that its Contractor Advice Forum (CAF), a unique value-added service for SECAF member companies, had a successful inaugural year.
During its first year, the CAF assisted several SECAF members with questions in the areas of government procurement, financing and HR/recruiting. Along with providing expert advice both through email and face-to-face meetings, the CAF was also instrumental in arranging introductory meetings between one member and five potential financiers.
"The CAF has been a tremendous help with assisting our company in securing financial options regarding recapitalization,” said Jay Pendarvis, president and CEO, Cerebral Solutions Incorporated. “The uniqueness and value of the CAF centers around the seasoned executives, their resources and the board's collective knowledge of the entire federal contracting landscape. Securing a conventional lender has been a huge challenge, but with the CAF's help we now have options and I can foresee good financial health for our company going into the new fiscal year."
Started in January 2010, the CAF was created and launched by several SECAF board members as a way of engaging the contracting community in a learning environment. Established experts serve as resources for commonly sought questions in two primary segments:
- “Ask the C-level” segments are peer-to-peer sessions entitled “Ask the CEO/President” and “Ask the CFO” that allow member CEOs and CFOs to ask questions directly to their designated CAF CEO/President and CFO Advisors.
- “Functional Best Practice” consists of CAF Advisors providing advice in the following specialty categories of expertise: Information Technology, Human Resources, Mergers & Acquisitions, Financing, and Business Partnering/Market Penetration.
“The CAF performed exceptionally well during its introductory year and provided a great service to our members,” said CAF steering committee member Jack Hughes. “We look forward to continuing to serve this growing community and provide them with the tools and knowledge they need to remain successful.”
The Small and Emerging Contractors Advisory Forum (SECAF) enables the small and emerging government contractor to achieve maximum growth rates in a highly competitive marketplace. Arming members with business resources, access to influencers and government agencies, and advocacy opportunities and education, SECAF is an important resource for a growing company.
SECAF also serves the medium to large government contractors, providing invaluable introductions to specialized small businesses that enable the overall contracting community to work successfully in tandem. For more information visit www.secaf.org.