President Obama’s Proposal to Raise SBA Loan Limits

Statement by Administrator Karen Mills on President Obama’s Proposal to Raise SBA Loan Limits WASHINGTON – The U.S. Small Business Administration today issued the following statement by SBA Administrator Karen Mills on today’s proposal by President Barack Obama to raise the maximum loan size for SBA-backed loans to small business: “America’s 29 million small businesses have been hard [...]

SBA Teams with Count Me In to Promote Women’s Entrepreneurship

News release from the SBA Thursday Oct 08, 2009 SBA Teams with Count Me In to Promote Women’s Entrepreneurship Related links: Small Business Administration: www.sba.gov SBA Women’s Business Center of Northern Virginia: www.cbponline.org Count Me In Website: www.makemineamillion.org WASHINGTON ─ The U.S. Small Business Administration and Count Me In for Women’s Economic Independence (CMI) launched [...]

SBA Helping Small Businesses Help The Recovery

It seems the U.S. economic recovery may be largely driven by small businesses. Small companies represent 99.7 percent of all employer firms in the U.S. and employ just over half of private-sector workers, according to the U.S. Small Business Administration (SBA). But analysts say the key to these firms’ success will be their ability to [...]

Effective Entrepreneur Education Study

The SBA backed research to better understand the effects formal entrepreneurship education was having on students after graduating titled: Toward Effective Education of Innovative Entrepreneurs in Small Business: Initial Results from a Survey of College Students and Graduates The SBA released this 40-page research paper today that covers the initial results of the study. You can find [...]

More Contracting Opportunities for Minority-Owned Businesses

The Obama administration announced today that Commerce Secretary Locke and SBA Administrator Mills will lead a government-wide initiative with federal officials to participate in more than 200 procurement events across the country. We will follow this development and report on it as appropriate. Press release: Washington The Obama Administration today reaffirmed its commitment to ensuring [...]

SBA Appoints Four Regional Chiefs

SBA announced appointments of four Regional Administrators: The U.S. Small Business Administration announced the appointment of Jeanne Hulit, as the regional administrator in Region I, to oversee the SBA’s programs and services in Massachusetts, Connecticut, Rhode Island, Vermont, New Hampshire and Maine. Information: Region I Marianne O’Brien Markowitz was named Regional Administrator for Region V [...]

SBA Appoints National Ombudsman

Esther H. Vassar (in image to left) has been appointed National Ombudsman and assistant administrator for Regulatory Enforcement Fairness for the U.S. Small Business Administration by Karen G. Mills. Vassar most recently served as commissioner and chair for Virginia’s Alcohol Beverage Control Board.  Appointed to a four-year term by Governor Mark Warner in 2002, she [...]

Small Business can Apply for ARC Loans Beginning Today

The SBA just released this news. If you own a small business that is considered “viable”, but you find yourself in need of some cash to make it through the next 6-12 months then you should visit the SBA Website and learn more about these “ARC” loans to determine if it makes sense for your [...]

SBA to offer Free Webinars on 2009 Recovery Act for Small Business Owners

The SBA (U.S. Small Business Administration) will present FREE webinars for Small Business Owners and Entrepreneurs through ReadyTalk. These sessions will provide information pertinent to small business owners and will share the new developments on SBA’s programs related to The American Recovery and Reinvestment Act.  The series is scheduled to run on selected Tuesdays at [...]

SBA Honors National Small Business Champions

WASHINGTON, D.C. – Fifteen small business owners and leaders of small business support organizations were hailed today by the U.S. Small Business Administration for their outstanding support of entrepreneurs.  The 15 Champion Awards were presented today in Washington, D.C., as part of the annual observance of National Small Business Week. The Champion Awards were presented [...]