Lack of funding prevents most businesses from staying open long enough to be profitable. Government contracting offers opportunities for entrepreneurs to secure mid to long-term contracts that will guarantee cash inflow.
In 2014, cybersecurity expert, Lonye Ford, co-founded Arlo Solutions, a professional services company that provides cybersecurity and management consulting services to the U.S. government, with her business partner, Arlene Wube.
In 2021, the company, led by Ford (CEO) and Wube (president and COO) generated $8.7 million in revenue. Arlo Solutions partners with companies like Booze Allen, Deloitte, and Accenture to deliver services to government agencies, and this year, it secured a $28 million government contract.
Ford, who grew up on the south side of Chicago, joined the U.S. Air Force at 19 years old. In addition to serving her country, joining the military guaranteed her shelter, food, and the opportunity to learn new skills. At the time, she needed to find a path out of the financial hardships she experienced growing up. Read more.