Download or read book SBA Assistance to Small Business Startups written by and published by . This book was released on 2016 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Small Business written by Angel Becker and published by Nova Snova. This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Congressional interest in small business access to capital has increased in recent years because of concerns that small businesses might be prevented from accessing sufficient capital to enable them to start, continue, or expand operations and create jobs. Chapter 1 focuses on the Small Business Lending Fund (SBLF). It opens with a discussion of the supply and demand for small business loans then examines other arguments presented both for and against the program. Chapter 2 discusses how SBA monitors lenders' compliance with the credit elsewhere requirement, the extent to which SBA evaluates trends in lender credit elsewhere practices, and lenders' views on the credit elsewhere criteria for 7(a) loans. Chapter 3 examines the State Small Business Credit Initiative (SSBCI) and its implementation, including Treasury's response to initial program audits conducted by the U.S. Government Accountability Office (GAO) and Treasury's Office of Inspector General (OIG). Chapter 4 discusses small business startups' experiences with the SBA's management and technical assistance training programs, focusing on Small Business Development Centers (SBDCs), Women Business Centers (WBCs), and SCORE (formerly the Service Corps of Retired Executives); the SBA's 7(a), 504/CDC, and Microloan lending programs; and the SBA's Small Business Investment Company (SBIC) venture capital program. Chapter 5 examines small business startups' experiences with the SBA's management and technical assistance training programs, focusing on Small Business Development Centers (SBDCs), Women Business Centers (WBCs), and SCORE (formerly the Service Corps of Retired Executives); the SBA's 7(a), 504/CDC, and Microloan lending programs; and the SBA's Small Business Investment Company (SBIC) venture capital program. Chapter 6 provides an overview of the federal government's various small business mentor-protégé programs.
Download or read book Subcommittee Hearing on Improving the SBA s Access to Capital Programs for Our Nation s Small Businesses written by United States. Congress. House. Committee on Small Business. Subcommittee on Finance and Tax and published by . This book was released on 2008 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Small Business Advocate written by and published by . This book was released on 1995-05 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Review of Small Business Administration Financial Assistance Programs written by United States. Small Business Administration and published by . This book was released on 1967 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The New SBA written by Bill Clinton and published by . This book was released on 1995 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Programs Services written by United States. Small Business Administration and published by . This book was released on 2002 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book SBA s Financial Assistance Programs Hearing Before the Subcommittee on Financing and Investment of 90 1 written by United States. Congress. Senate. Select Committee on Small Business and published by . This book was released on 1967 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hearing on the Small Business Administration s 7 A Guaranteed Business Loan Program and Disaster Assistance Loan Program written by United States. Congress. Senate. Committee on Small Business and published by . This book was released on 1994 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Small Business Management and Technical Assistance Training Programs written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2014-12-22 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Small Business Administration (SBA) has provided technical and managerial assistance "to small-business concerns, by advising and counseling on matters in connection with government procurement and on policies, principles and practices of good management" since it began operations in 1953. Initially, the SBA provided its own small business management and technical assistance training programs. Over time, the SBA has relied increasingly on third parties to provide that training. Congressional interest in the SBA's management and technical assistance training programs has increased in recent years, primarily because these programs are viewed as a means to assist small businesses create and retain jobs. The SBA will spend $198.6 million on these programs in FY2015. These programs fund about "14,000 resource partners," including 63 lead small business development centers (SBDCs) and more than 900 SBDC local outreach locations, 106 women's business centers (WBCs), and 354 chapters of the mentoring program, SCORE. The SBA reports that more than 1.2 million aspiring entrepreneurs and small business owners receive training from an SBA-supported resource partner each year. The SBA argues that these programs contribute "to the long-term success of these businesses and their ability to grow and create jobs." The Department of Commerce also provides management and technical assistance training for small businesses. For example, its Minority Business Development Agency provides training to minority business owners to assist them in obtaining contracts and financial awards. A recurring theme at congressional hearings concerning the SBA's management and technical assistance training programs has been the perceived need to improve program efficiency by eliminating duplication of services or increasing cooperation and coordination both within and among SCORE, WBCs, and SBDCs. For example, the House Committee on Small Business has argued that the SBA's various management and technical assistance training programs should be "folded into the mission of the SBDC program or their responsibilities should be taken over by other agencies" because they "overlap each other and duplicate the educational services provided by other agencies." Congress has also explored ways to improve the SBA's measurement of the programs' effectiveness. This report examines the historical development of federal small business management and technical assistance training programs; describes their current structures, operations, and budgets; and assesses their administration and oversight and the measures used to determine their effectiveness. It also discusses several bills introduced during the 111th and 112th Congresses that would have authorized changes to these programs in an effort to improve their performance and oversight. These include S. 3442, the SUCCESS Act of 2012, and S. 3572, the Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012. In addition, during the 113th Congress, S. 415, the Small Business Disaster Reform Act of 2013, and its companion bill in the House, H.R. 1974, would have authorized SBDCs to provide assistance outside of the state in which they are located, without regard to geographic proximity, if the small business is located in a presidentially declared major disaster area. Also, S. 2693, the Women's Small Business Ownership Act of 2014, would have authorized to be appropriated $26.75 million for WBCs for each of fiscal years 2015- 2019, nearly double the amount they were appropriated in FY2014; increased the WBC annual grant award from not more than $150,000 to not more than $250,000; and authorized the SBA Administrator to waive, in whole or in part, the WBC nonfederal matching requirement for up to two consecutive fiscal years under specified circumstances.
Download or read book The State Small Business Credit Initiative SSBCI written by Marcus Powell and published by Nova Science Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The SSBCI provides funding to states, territories, and eligible municipalities to expand existing or to create new state small business investment programs, including state capital access programs, collateral support programs, loan participation programs, loan guarantee programs, and venture capital programs. This book examines the SSBCI and its implementation, including Treasury's response to initial program audits conducted by the U.S. Government Accountability Office and Treasury's Office of Inspector General. These audits suggested that SSBCI participants were generally complying with the statute's requirements, but that some compliance problems existed, in that, the Treasury's oversight of the program could be improved; and performance measures were needed to assess the program's efficacy.
Download or read book Women s Business Ownership written by and published by . This book was released on 1986 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sba Small Business Investment Company Program written by Robert Jay Dilger and published by Createspace Independent Pub. This book was released on 2013-01-05 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Small Business Administration's (SBA's) Small Business Investment Company (SBIC) Program is designed to enhance small business access to venture capital by stimulating and supplementing “the flow of private equity capital and long term loan funds which small business concerns need for the sound financing of their business operations and for their growth, expansion, and modernization, and which are not available in adequate supply.” Facilitating the flow of capital to small businesses to stimulate the national economy was, and remains, the SBIC program's primary objective. At the end of FY2012, there were 301 privately owned and managed SBICs licensed by the SBA, providing financing to small businesses with private capital the SBIC has raised (regulatory capital) and funds the SBIC borrows at favorable rates (leverage) because the SBA guarantees the debenture (loan obligation). SBICs pursue investments in a broad range of industries, geographic areas, and stages of investment. Some SBICs specialize in a particular field or industry, while others invest more generally. Most SBICs concentrate on a particular stage of investment (i.e., startup, expansion, or turnaround) and geographic area. The SBA is authorized to provide up to $3 billion in leverage to SBICs annually. The SBIC program has invested or committed about $18.2 billion in small businesses, with the SBA's share of capital at risk about $8.8 billion. In FY2012, the SBA committed to guarantee $1.9 billion in SBIC small business investments, and SBICs provided another $1.3 billion in investments from private capital, for a total of more than $3.2 billion in financing for 1,094 small businesses. Some Members of Congress, the Obama Administration, and small business advocates argue that the program should be expanded as a means to stimulate economic activity, create jobs, and assist in the national economic recovery. Others worry that an expanded SBIC program could result in loses and increase the federal deficit. In their view, the best means to assist small business, promote economic growth, and create jobs is to reduce business taxes and exercise federal fiscal restraint. Some Members have also proposed that the program target additional assistance to startup and early stage small businesses, which are generally viewed as relatively risky investments but also as having a relatively high potential for job creation. In an effort to target additional assistance to newer businesses, the SBA has established, as part of the Obama Administration's Startup America Initiative, a $1 billion early stage debenture SBIC initiative (up to $150 million in leverage in FY2012, and up to $200 million in leverage per fiscal year thereafter until the limit is reached). Early stage debenture SBICs are required to invest at least 50% of their investments in early stage small businesses, defined as small businesses that have never achieved positive cash flow from operations in any fiscal year. This publication describes the SBIC program's structure and operations, including two recent SBA initiatives, one targeting early stage small businesses and one targeting underserved markets. It also examines several legislative proposals to increase the leverage available to SBICs and to increase the SBIC program's authorization amount to $4 billion.
Download or read book Sba Small Business Investment Company Program written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2014-11-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Small Business Administration's (SBA's) Small Business Investment Company (SBIC) program is designed to enhance small business access to venture capital by stimulating and supplementing "the flow of private equity capital and long-term loan funds which small-business concerns need for the sound financing of their business operations and for their growth, expansion, and modernization, and which are not available in adequate supply." Facilitating the flow of capital to small businesses to stimulate the national economy was, and remains, the SBIC program's primary objective. As of October 31, 2014, there were 294 privately owned and managed SBA-licensed SBICs providing small businesses private capital the SBIC has raised (called regulatory capital) and funds the SBIC borrows at favorable rates (called leverage) because the SBA guarantees the debenture (loan obligation). SBICs pursue investments in a broad range of industries, geographic areas, and stages of investment. Some SBICs specialize in a particular field or industry, and others invest more generally. Most SBICs concentrate on a particular stage of investment (i.e., startup, expansion, or turnaround) and geographic area. The SBIC program has invested or committed about $23.2 billion in small businesses, with the SBA's share of capital at risk about $11.3 billion. In FY2014, the SBA committed to guarantee $2.55 billion in SBIC small business investments. SBICs invested another $2.92 billion from private capital for a total of almost $5.5 billion in financing for 1,085 small businesses. P.L. 113- 76, the Consolidated Appropriations Act, 2014, increased the annual amount of leverage the SBA is authorized to provide to SBICs to $4 billion from $3 billion. Some Members of Congress and the Obama Administration have argued that the program should be expanded as a means to stimulate economic activity, create jobs, and assist in the national economic recovery. For example, in addition to P.L. 113-76's increase of the SBIC program's annual authorization amount to $4 billion from $3 billion, S. 511, the Expanding Access to Capital for Entrepreneurial Leaders Act (EXCEL Act) and S. 1285, the Small Business Innovation Act of 2013, would increase the program's family of funds limit (the amount of outstanding leverage allowed for two or more SBIC licenses under common control) to $350 million from $225 million. Others worry that an expanded SBIC program could result in loses and increase the federal deficit. In their view, the best means to assist small business, promote economic growth, and create jobs is to reduce business taxes and exercise federal fiscal restraint. Some Members have also proposed that the program target additional assistance to startup and early stage small businesses, which are generally viewed as relatively risky investments but also as having a relatively high potential for job creation. For example, during the 113th Congress, H.R. 30, the Small Business Investment Enhancement and Tax Relief Act, and S. 1285 would authorize the Administration to establish a separate SBIC program for early stage small businesses. Also, as part of the Obama Administration's Startup America Initiative, the SBA established a five-year, $1 billion early stage debenture SBIC initiative in 2012. Early stage debenture SBICs are required to invest at least 50% of their investments in early stage small businesses, defined as small businesses that have never achieved positive cash flow from operations in any fiscal year.
Download or read book The Small Business Start up Guide written by Robert Sullivan and published by . This book was released on 2000 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide designed to increase the probability of success and avoid common trouble areas in starting and operating a small business. Gives practical advice on such topics as selecting the right business, partners, marketing, insurance, computers, writing and speaking effectively, and others.
Download or read book Changes to SBA financing programs needed for revitalization of small business manufacturers written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2003 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Six Steps to Begin Exporting written by and published by . This book was released on 2010 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:
