1.5: Innovation and Job Creation

Strengthen SBA’s relevance to high-growth entrepreneurs and small businesses to more effectively drive innovation and job creation through both the agency’s existing programs as well as new initiatives.

Other Information:

Performance Indicators: * SBIR Operational and Commercialization Improvements. Significantly strengthen the SBIR program as the government’s premier innovation program, deploying improved data collection, reporting systems, and performance metrics. Specific performance metrics will be added after we complete building a performance management system that establishes the current baseline of commercialization levels. The targets will focus on a meaningful increase in the rate of commercialization above that baseline. * Long-Term Capital Deployed. Double the amount of long-term capital deployed in the SBIC program, and any other new programs, from the average of $750 mil per year to $1.5 billion per year by Fiscal Year 2016. * Number of Small Businesses Assisted through Export Assistance. * Number of Small Businesses Assisted through SBIC.

Stakeholder(s):

• High-Growth Entrepreneurs


• High-Growth Small Businesses

Indicator(s):

Indicator:1

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