PROVIDES COUNSELING, CAPITAL, AND CONTRACTING EXPERTISE

Created in 1953, the U.S. Small Business Administration (SBA) continues to help small business owners and entrepreneurs pursue the American dream. SBA is the only cabinet-level federal agency fully dedicated to small business and provides counseling, capital, and contracting expertise as the nation’s only go-to resource and voice for small businesses.

https://www.sba.gov/

What they do

Access to capital

SBA provides an array of financing for small businesses. Options range from the smallest needs in microlending to debt and equity investment capital.
Entrepreneurial development

SBA provides free counseling and low-cost training to new entrepreneurs and existing small businesses. Services are available in more 1,800 locations.
Government contracting

SBA sets goals with other federal departments and agencies to award 23% in prime contract dollars to small businesses.
Advocacy

SBA reviews Congressional legislation and testifies on behalf of small businesses. It assesses the impact of regulatory burden on small businesses.

SBA today and in the future

Since the agency was founded, SBA has expanded the help it provides. SBA’s programs now include help with management, as well as financial and federal contract procurement. SBA provides specialized outreach to women, minorities, and armed forces veterans. SBA loans are available to victims of natural disasters. The agency also offers specialized advice and support in international trade.

SBA was created to preserve free competitive enterprise and to maintain and strengthen the nation’s economy. We remain committed to that goal. In our 2022-2026 strategic plan, SBA describes:

How we will help ensure that our program delivery is equitable, customer-centric and supports small businesses and innovation
Strategies for building resilient businesses and a sustainable economy
A plan for managing its technology and human resources for greater impact

With its commitment to these goals, SBA is working to create a more equitable and sustainable economy supported by America’s small businesses.

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