Benefits that SMEs get from participation of Public Procurement

1. Public entities have a duty to provide certain services regardless of the economic conditions e.g. healthcare, education etc. making them a stable business partner.
2. Involvement in public procurement to the SMEs and important as it acts as a favourable reference for gaining future contracts.
3. There is certainty of payment when dealing with the government as long as all documentations are right, regardless of the time it might take.
4. The government gives long term contracts which give SMEs participating in public procurement a sense of security.
5. The government provides a whole market due to its many branches.
6. The government gives preferences and reservations for various minority groups in SMEs owned by minority groups.

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