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The Small Business Administration (view source)
Revision as of 18:38, 13 November 2015
, 18:38, 13 November 2015no edit summary
==About==
Created in 1953 as an independent agency of the federal government, the Small Business Administration's (SBA) number one strategic goal is growing businesses and creating jobs, and its second goal is to serve as the voice for small business. The major tools employed by the SBA are a range of financial assistance programs for small businesses that may have trouble qualifying for a traditional bank loan. SBA's programs also include financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. SBA also provides loans to victims of natural disasters and specialized advice and assistance in international trade. [https://www.sba.gov/about-sba/what-we-do/history| ]
==Small Business Investment Company (SBIC)=====About===The SBA licenses, regulates, and helps provide funds for privately owned and operated venture capital investment firms through the Small Business Investment Company (SBIC). The SBIC specializea in providing long-term debt and equity investments to high-risk small businesses. Its creation was the result of a Federal Reserve study that discovered, in the simplest terms, that small businesses could not get the credit they needed to keep pace with technological advancement. [https://www.sba.gov/about-sba/what-we-do/history| ]
==SBIR==
==EOL==
==Major Loan Programs==
===7(a) Loan Program===
