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The Small Business Administration (view source)
Revision as of 18:02, 23 November 2015
, 18:02, 23 November 2015→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| ]
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. ***Problem***: they have problems in reporting stats because of their diverse network of resource partners and changes in program strategy. They have trouble assessing program outcomes. They're asking the government for more freedom in accessing business information so they can better record data and figure out which programs are working and which aren't.
==SBA and Entrepreneurship==
