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Small business procurement is one of the largest and most important programs for small businesses across the federal government. In FY2011 the federal government awarded more than $91.5 billion in federal contracts to small businesses, which represented 21.65 percent of small business eligible federal contract dollars. During the first three years of the Obama Administration, the federal government awarded $286.3 billion or 22.07 percent in federal contracting dollars to small businesses. This is a $32 billion increase...
When a friend or family member asks what you do to help small businesses, what do you say? I am always excited to explain to them that I work for the U.S. Small Business Administration in the Washington, D.C. Metropolitan District Office as a Business Development Specialist where I service and assist small businesses within the Metropolitan area to help them manage and expand their businesses, obtaining government contracts thru the 8(a) Business Development Program and guiding them thru every stage of turning their businesses and...
This week marks the one-year anniversary of the creation of the White House Rural Council, an Administration-wide initiative to support and strengthen America’s rural economy. And our progress over the last year is detailed in a new report released today. As part of our efforts, we are making sure that more entrepreneurs who live in rural areas have the access and opportunity they need to start, build and grow their businesses. We know innovation and entrepreneurship doesn’t just take place in New York and Silicon...
SBA prides itself on opening more doors to more dollars in every community, creating an American economy built to last. Expanding access to capital and opportunity is critical to fulfilling SBA’s mission- especially in underserved communities. Knowing that we can do more, SBA is constantly working to remain responsive to the needs of small business owners and the lenders who serve them daily. Studies have shown the importance of low dollar loans to small business formation and growth in underserved communities. However, low-dollar...
If you were to ask a small business owner to identify a top priority on his or her wish list, undoubtedly they would say “to get more business!” We know that one way to get more business is to contract with the Federal government - the largest purchaser of goods and services in the world. In FY10, nearly $100 billion federal contracting dollars went to small businesses. During this year’s National Small Business Week, the Small Business Administration worked to ensure small businesses made the right connections and...
When a disaster occurs, it’s often the misleading bit of information shared by an outsider that gins up rumors about a damaged business shutting down. Obviously, this situation undermines the company’s ability to recover. That’s one big reason why precise, effective communication – within the organization, and out to the public – is vital during an emergency. Now that the Atlantic Hurricane season has begun, it’s a good time to set up an effective crisis communications strategy. You want to...
While weather experts NOAA are predicting a “near-normal” 2012 Atlantic hurricane season, last year’s Hurricane Irene is a reminder of the erratic and devastating nature of tropical storms. The six-month season, which began June 1, typically peaks between August and October, notwithstanding the two named storms in the last weeks of May. Now is a good time to put a disaster preparedness plan in place to protect your employees and your business. SBA and Agility Recovery Solutions recently hosted a free webinar giving tips...
When a friend or family member asks what you do to help small businesses, what do you say? I tell that them that SBA is the small and friendly federal agency that is tasked with this big mission: to help businesses start, grow and prosper. SBA does this through delivery of capital, contracting, and counseling assistance programs. If their eyes begin to gloss over, I then simply mention a well-known, local small business that received SBA assistance, and the light seems to suddenly go on for them! What’s your favorite thing...
Rhett Jeppson is the Associate Administrator for Veterans Business Development On Memorial Day, we pause to remember the brave men and women of our Armed Services who have given the ultimate sacrifice for their country in war and conflict. What better way to honor their memory, than to support the many thousands who are serving in conflict, as well all of those who have returned home? At the U.S. Small Business Administration, this means helping to create an environment where our returning men and women can achieve the American dream....
Editor's note: This blog article, by US Chief Technology Officer Todd Park, originally appeared on WhiteHouse.gov. The RFP-EZ project is sponsored by SBA and BusinessUSA. Today, we are very excited to be launching the new Presidential Innovation Fellows program. This new initiative will bring top innovators from outside government for focused “tours of duty” with our best federal innovators on game-changing projects. Combining the know-how of citizen change agents and government change agents in small, agile...
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by John Shoraka, SBA Official on Tuesday, July 3, 2012 - 08:16