Name:U.S. Small Business Administration
Acronym:SBA
Description:
The U.S. Small Business Administration (SBA) helps Americans grow businesses and create jobs by providing resources and tools,
including access to capital; opportunities in Federal contracting; access to entrepreneurial education; and disaster assistance
for businesses, non-profit organizations, homeowners, and renters. SBA’s efforts to assist entrepreneurs and small business
owners are especially critical during these difficult times for the U.S. economy. Throughout America’s history, small businesses
have played a leading role as the driver of economic growth and job creation. In fact, according to the Census Bureau’s Statistics
of U.S. Businesses, more than half of working Americans either own or are employed by a small business. Also, over about the
last decade, small businesses created nearly 65 percent of net new private sector jobs.
Stakeholder(s):
- Karen G. Mills: Administrator