Small Business Administration - Revision history

Juliette.richert at 15:34, 27 March 2017

2017-03-27T15:34:56Z

Juliette.richert at 16:23, 24 March 2017

2017-03-24T16:23:43Z

Carlin at 22:02, 2 September 2016

2016-09-02T22:02:17Z

Julia: Julia moved page SBA to Small Business Administration

2016-09-02T19:13:52Z

Julia moved page SBA to Small Business Administration

Julia at 19:13, 2 September 2016

2016-09-02T19:13:33Z

Julia at 19:12, 2 September 2016

2016-09-02T19:12:55Z

DylanDickens at 21:55, 21 June 2016

2016-06-21T21:55:54Z

DylanDickens: /* Budget */

2016-06-09T17:11:59Z

Budget

DylanDickens: /* Criticisms */

2016-06-09T17:11:18Z

Criticisms

DylanDickens: /* McNair Center Internal */

2016-06-09T17:10:46Z

McNair Center Internal

← Older revision		Revision as of 15:34, 27 March 2017
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	[[Category:Small Business]]		[[Category:Small Business]]
		+	[[Category:Entrepreneurship Policy]]

← Older revision		Revision as of 16:23, 24 March 2017
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	[[Category: Internal]]		[[Category: Internal]]
	[[Internal Classification: Legacy\| ]]		[[Internal Classification: Legacy\| ]]
		+
		+	[[Category:Small Business]]

← Older revision		Revision as of 22:02, 2 September 2016
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	===SBIR===		===SBIR===
	*[http://www.gao.gov/assets/670/669651.pdf GAO report finds SBIR data reporting inadequate]		*[http://www.gao.gov/assets/670/669651.pdf GAO report finds SBIR data reporting inadequate]
		+	[[Category: Internal]]
		+	[[Internal Classification: Legacy\| ]]

@@ Line 1: / Line 1: @@
-=About=
+==About==
 <onlyinclude>Created in 1953 as an independent agency of the federal government, the Small Business Administration (SBA) has two strategic goals: first, growing businesses and creating jobs, and second, to serve as the voice for [[:Small Business]]. SBA claims that the core of their entrepreneurial development is the foundation of targeted, effective advising, training, and mentoring services to drive business. Their entrepreneurial development performance goal focuses on driving greater participation in the resource partner advising and mentoring programs and training courses. The [[:SBA]] primarily offers a range of financial assistance programs for small businesses that may have trouble qualifying for a traditional bank loan. The SBA guarantees $65 million in loans to small businesses through its two major loan programs, 7(a) and 504. Follow this link for a list of the major [[SBA Loans]]. 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 ] </onlyinclude>
 Agencies affiliated with the SBA include: Small Business Investment Company ([[SBIC]]), Small Business Innovation Research ([[SBIR]]), and Small Business Development Centers ([[SBDC]]).
-=Contact=
+==Contact==
 Answer desk: answerdesk@sba.gov
@@ Line 14: / Line 14: @@
 Office of Performance Management and the Chief Financial Officer: (202-205-6449)
-=FY 2016 Entrepreneurship Goals=
+==FY 2016 Entrepreneurship Goals==
 *Broad goal: Strengthen entrepreneurial ecosystems through a variety of strategic partnerships to provide tailored training, mentoring, and advising  services that support entrepreneurs during every phase of their business growth.
 *Performance goal: reach 1.4 million clients with online and in-person training, mentoring, and advising in FY 2016.
@@ Line 23: / Line 23: @@
 #Offer tailored training through structured programs and online access
-=Budget=
+==Budget==
 SBA's total budget request for FY 2016 (including Stafford Act Disaster funding) is $860 million. Of this amount, $3.3 million is for business loan subsidy, $19.9 million for the Office of the Inspector General and $9.1 million for the Office of Advocacy. This total is  inclusive of $28 million for administering non-Stafford Act disasters.
@@ Line 32: / Line 32: @@
 *Allocates $3 million towards "idea lab" which will help adopt private sector best practices
-=Literature=
+==Literature==
-==SBIC==
+===SBIC===
 *[http://www.gao.gov/products/GAO-16-107 GAO report on SBIC]
 **GAO recommended that SBA provide guidance to SBIC on how to collect and report data on their investments in minority, women, and veteran owned businesses.
 *[http://www.jdsupra.com/legalnews/description-of-the-small-business-23940/ Description of the SBIC Debenture Program]
-==SBIR==
+===SBIR===
 *[http://www.gao.gov/assets/670/669651.pdf GAO report finds SBIR data reporting inadequate]

@@ Line 1: / Line 1: @@
 =About=
 <onlyinclude>Created in 1953 as an independent agency of the federal government, the Small Business Administration (SBA) has two strategic goals: first, growing businesses and creating jobs, and second, to serve as the voice for [[:Small Business]]. SBA claims that the core of their entrepreneurial development is the foundation of targeted, effective advising, training, and mentoring services to drive business. Their entrepreneurial development performance goal focuses on driving greater participation in the resource partner advising and mentoring programs and training courses. The [[:SBA]] primarily offers a range of financial assistance programs for small businesses that may have trouble qualifying for a traditional bank loan. The SBA guarantees $65 million in loans to small businesses through its two major loan programs, 7(a) and 504. Follow this link for a list of the major [[SBA Loans]]. 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 ] </onlyinclude>
 Agencies affiliated with the SBA include: Small Business Investment Company ([[SBIC]]), Small Business Innovation Research ([[SBIR]]), and Small Business Development Centers ([[SBDC]]).
-==Contact==
+=Contact=
 Answer desk: answerdesk@sba.gov
@@ Line 16: / Line 14: @@
 Office of Performance Management and the Chief Financial Officer: (202-205-6449)
-==FY 2016 Entrepreneurship Goals==
+=FY 2016 Entrepreneurship Goals=
 *Broad goal: Strengthen entrepreneurial ecosystems through a variety of strategic partnerships to provide tailored training, mentoring, and advising  services that support entrepreneurs during every phase of their business growth.
 *Performance goal: reach 1.4 million clients with online and in-person training, mentoring, and advising in FY 2016.
@@ Line 25: / Line 23: @@
 #Offer tailored training through structured programs and online access
-==Budget==
+=Budget=
 SBA's total budget request for FY 2016 (including Stafford Act Disaster funding) is $860 million. Of this amount, $3.3 million is for business loan subsidy, $19.9 million for the Office of the Inspector General and $9.1 million for the Office of Advocacy. This total is  inclusive of $28 million for administering non-Stafford Act disasters.
@@ Line 34: / Line 32: @@
 *Allocates $3 million towards "idea lab" which will help adopt private sector best practices
-==Literature==
+=Literature=
-===SBIC===
+==SBIC==
 *[http://www.gao.gov/products/GAO-16-107 GAO report on SBIC]
 **GAO recommended that SBA provide guidance to SBIC on how to collect and report data on their investments in minority, women, and veteran owned businesses.
 *[http://www.jdsupra.com/legalnews/description-of-the-small-business-23940/ Description of the SBIC Debenture Program]
-===SBIR===
+==SBIR==
 *[http://www.gao.gov/assets/670/669651.pdf GAO report finds SBIR data reporting inadequate]

← Older revision	Revision as of 19:13, 2 September 2016
(No difference)

← Older revision		Revision as of 21:55, 21 June 2016
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−	~~[[Category:Internal]]~~	+

	==About==		==About==

← Older revision		Revision as of 17:11, 9 June 2016
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	For further detail, see [[SBA Budget Graphs]].		For further detail, see [[SBA Budget Graphs]].
−
−	~~==Criticisms==~~
−	~~The most prevalent criticisms of the SBA include [http://www.cato.org/publications/congressional-testimony/waste-fraud-abuse-small-business-administration-programs\| ]:~~
−	~~#Creates uneven playing field by aiding some businesses while denying aid to others, thus distorting markets;~~
−	~~#Duplicating activities already provided in private markets;~~
−	~~#Harms businesses and consumers;~~
−	~~#Government intervention in deciding market trends can often bet on the wrong companies at taxpayer expense;~~
−	~~#SBA fosters corruption.~~
−
−	~~Specifically,~~
−
−	*GAO released Report 10-108 which found that failing to hold firms accountable sent a message to the contracting community that there is no punishment or consequences for committing fraud. See [http://www.gao.gov/new.items/d10108.pdf\| the report] for more information.
−	*The SBA has difficulty in [[SBA Lender and Loan Oversight]].
−	*The CATO Institute argues that the very conception of the SBA was a bad idea, questioning the federal government's strategy in intervening in the credit market. They say that the United States grew to be an economic powerhouse with a small centralized federal government that largely left business development to the private sector. For more information about the CATO institute's criticism, see this [http://www.cato.org/publications/congressional-testimony/waste-fraud-abuse-small-business-administration-programs\| article].

	==Literature==		==Literature==

← Older revision		Revision as of 17:10, 9 June 2016
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	===SBIR===		===SBIR===
	*[http://www.gao.gov/assets/670/669651.pdf GAO report finds SBIR data reporting inadequate]		*[http://www.gao.gov/assets/670/669651.pdf GAO report finds SBIR data reporting inadequate]
−
−	~~==McNair Center Internal==~~
−	~~[[McNair Center-specific courses of further action regarding SBA]]~~
−	~~===Articles===~~
−	~~[[SBA and Data Reporting]]~~