Why you need a Capability Statement for your business

A Capability Statement is one of the most powerful marketing tools a small business can bring to networking events. This concise 1–2-page document acts as your company’s résumé. It helps to clearly communicate who you are, what you do, and why you’re qualified. Many procurement officers even require a Capability Statement as part of their bid submissions, making it essential for any business looking to enter or grow their contracting opportunities. By presenting your strengths in a clean, targeted format, you position your business as credible, prepared, and procurement-ready.

A strong Capability Statement highlights your firm’s core qualifications, notable past performance, and the expertise of key leadership. This level of detail helps procurement officers quickly determine whether your business is a good fit for their needs - something especially valuable in the highly competitive world of entrepreneurship. A well-crafted Capability Statement ensures your business stands out. 

Meet with a Pace SBDC Business Advisor to create a capability statement for your business using our template or get help revising your existing one. Take the next step toward becoming procurement-ready.