Onvia Drives $100 Million In Revenues For Memphis Chamber Members
SEATTLE, Dec. 14, 2010 /PRNewswire/ -- Onvia (Nasdaq: ONVI), the leading provider of gBusiness solutions, announced that its 18-month partnership with the Greater Memphis Chamber of Commerce has now generated more than $100 million in government-contracting revenues for its members.
As a firm that tracks and reports the spending of more than 89,000 federal, state and local government agencies, Onvia gives companies a single source for conducting open, intelligent and efficient business with the government. The company has partnered with U.S. chambers to help the organizations' members gain an advantage over competitors in finding and winning government contracts in their respective metro areas.
"It's no secret that there has been a fundamental shift in the U.S. economy that has opened up a new marketplace in government contracting, which provides additional revenue streams for businesses across the country," said Michael Balsam, Onvia chief strategy officer. "Memphis Chamber members are among those taking notice; they regard the government like any other customer that's open for business, and it's had a considerable impact on their bottom line."
In April of 2009, the Memphis Chamber partnered with Onvia to develop RFP Central, a Chamber-branded daily e-newsletter containing the latest local government bids and RFPs that is delivered to its 2,500 members. RFP Central tracks and collates new government projects and provides decision-maker and buyer information to help Chamber members identify and respond to contract opportunities."Put simply, RFP Central gives our members an edge over the competition," said John Moore, CEO of the Greater Memphis Chamber of Commerce. "We exist for the purpose of economic development; why wouldn't we take advantage of a service that can help our members rake in such substantial opportunity? One hundred million dollars is not a small number." Onvia has also partnered with the Bellevue (Wash.) Chamber of Commerce and the Greater Philadelphia (Pa.) Chamber of Commerce and is currently in negotiations with chambers nationally. Follow @Onvia and @RecoveryOrg on Twitter.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV