SBA Overview
U.S. SourceLink
Conference, April 24, 2014
Counseling: SBA Field Network
3
Ten regions, 68 district offices, and hundreds of resource partners
Overview
 Strategic Goals
 SBA by the Numbers
 Budget Overview
 SBA Programs: 3 C’s and a D
4
SBA’s Strategic Goals
1 Growing businesses and creating jobs
2 Building an SBA that meets needs of
today’s and tomorrow’s ...
Overview
 Strategic Goals
 SBA by the Numbers
 Budget Overview
 SBA Programs: 3 C’s and a D
6
SBA Employees by Department
7
847
428
191
158 141
102 83
50 38 30
15
56
0
100
200
300
400
500
600
700
800
900
OFO OCA GCBD...
Contents
 Strategic Goals
 SBA by the Numbers
 Budget Overview
 SBA Programs: 3 C’s and a D
8
SBA Budget Overview
9
SBA’s budget authority for the past ten fiscal years
620
547 572
928
615
824
730
919
991
929
0
200
4...
Contents
 Strategic Goals
 SBA by the Numbers
 Budget Overview
 SBA Programs: 3 C’s and a D
10
 7(a) Loans
 504 Loans
 Small Business Investment Companies
 Small Business Innovation Research/Small Business Technol...
Timeline of Programs
12
1953 1958
SBIC
1964
SCORE
1979 1982
SBIR
SBA
Established
1992
STTR
Microlending
2012
Boots 2
Busin...
Capital: All SBA Loans
13
27.4 28.5
24.6
17.8
22.4
30.5 30.3 29.6
0
5
10
15
20
25
30
35
FY06 FY07 FY08 FY09 FY10 FY11 FY12...
14
Small Business Prime Contracting Achievement (%)
23.41
22.83
22.00
21.50 21.89
22.66
21.65
22.25
20%
21%
22%
23%
24%
FY...
Contracting: Socio-Economic Programs
Women-Owned Small Business (%)Small Disadvantaged Business (%)
6.55 6.76 6.58 6.76
7....
 Who: All small businesses
 What: SBA sets the small business size
standard for each industry based on the
North America...
Counseling: Small Business Development Centers
17
SBDC data (last five fiscal years, plus FY14 budget)
116
113
121
113
103...
Counseling: SCORE
18
5.0
7.0 7.0 7.0 6.4 7.0
0
2
4
6
8
FY09 FY10 FY11 FY12 FY13 FY14
SCORE grant size in budget - $M
SCORE...
Counseling: Other
19
AARP / Encore
Entrepreneurs
Boots to Business
(B2B)
Entrepreneurship
Education
Start Young
VBOCs
Back...
Disaster: Business Disaster Loans
20
Business disaster loan data (last five fiscal years)
372
214 172 215
550
0
200
400
60...
Disaster: Home Physical Disaster Loans
21
Home disaster loan data (last five fiscal years)
 Who: homeowners, renters and/...
Disaster: Top Disasters for SBA Assistance
22
Major Disaster Lending Activity in the Last 20 Years ($, billions)
0.5
0.5
0...
SBA Overview
U.S. SourceLink
Conference, April 24, 2014
Pat Brown-Dixon - SBA Federal Resources
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  • Good Morning!I want to thank Maria Meyers for inviting me to give you an overview of the U.S. Small Business Administration.
  • Within these programs reside our SBA initiatives and public/ (slash)-private or non-profit partner initiatives.Within our Office of Capital Access, we provide our best known loan product, the 7(a) Loan, which is made through a lender and guaranteed by SBA federal backing.The 504 Loan product brings together community resources and certified development company resources to back loans to small businesses, who make a larger capital injection, mainly for bricks and mortar-type projects. The SBA backs the loan by selling debentures.The SBA licenses and provides matching funding to private small business investment companies to provide “angel” capital for small businesses who need growth capital.In our Small Business Innovation & Research (SBIR) and Small Business Technology Transfer (STTR) programs, we work with other federal agencies and institutions of higher learning to bring research and technology projects – often specifically requested for federal use – into the public market as other products. GPS systems, which you are all familiar with, are a prime example of a product that was requested by the Department of Defense for military use, which was then developed as products for the public – in your car, on your phone for maps, in commercial flight, for instance.In contracting, we help disadvantaged businesses develop marketing plans and match small businesses to federal agencies as prime contractors, and match small businesses to prime contractors to meet specific small business contracting goals.You are probably all familiar with SBA’s funding contribution to its counseling arms - the SBDCs, WBCs and SCORE volunteers. We also provide matching funds for Veteran’s Business Resource Centers, and conduct our Boots to Business Training programs.In order to meet the President’s goal of increasing exporting by small businesses, SBA administered STEP (State Trade and Export Program) grants in the last three years. Also, we worked with other federal agencies to provide dollars to Kansas City through KCSourceLink last year to increase technology training and jobs in a federally-designated “Technology Cluster” – a sector where a lot of activity was going on that could be translated into jobs.Our Disaster program funds homeowners, renters, businesses of all sizes and small businesses affected by federally declared disasters with direct loans from the SBA.
  • And that’s what we are doing at the U.S. Small Business Administration every day.I hope to learn more today about your techniques and best practices to link our small businesses to the resources they need to start and grow today!
  • Pat Brown-Dixon - SBA Federal Resources

    1. 1. SBA Overview U.S. SourceLink Conference, April 24, 2014
    2. 2. Counseling: SBA Field Network 3 Ten regions, 68 district offices, and hundreds of resource partners
    3. 3. Overview  Strategic Goals  SBA by the Numbers  Budget Overview  SBA Programs: 3 C’s and a D 4
    4. 4. SBA’s Strategic Goals 1 Growing businesses and creating jobs 2 Building an SBA that meets needs of today’s and tomorrow’s small businesses 3 Serving as the voice of small businesses 5
    5. 5. Overview  Strategic Goals  SBA by the Numbers  Budget Overview  SBA Programs: 3 C’s and a D 6
    6. 6. SBA Employees by Department 7 847 428 191 158 141 102 83 50 38 30 15 56 0 100 200 300 400 500 600 700 800 900 OFO OCA GCBD OCOO OGC OCFO OII OED OIT OCPL OA Other small offices x SBA has 2,139 employees – more than half are in Field Operations or Capital Access FullTimeEmployees(FTEs) Note: Employee counts are as of January 2014
    7. 7. Contents  Strategic Goals  SBA by the Numbers  Budget Overview  SBA Programs: 3 C’s and a D 8
    8. 8. SBA Budget Overview 9 SBA’s budget authority for the past ten fiscal years 620 547 572 928 615 824 730 919 991 929 0 200 400 600 800 1,000 1,200 FY05 actual FY06 actual FY07 actual FY08 actual FY09 actual FY10 actual FY11 actual FY12 actual FY13 (w/ sequester) FY14 enacted SBAbudget($M)
    9. 9. Contents  Strategic Goals  SBA by the Numbers  Budget Overview  SBA Programs: 3 C’s and a D 10
    10. 10.  7(a) Loans  504 Loans  Small Business Investment Companies  Small Business Innovation Research/Small Business Technology Transfer  Other Capital Contracting Counseling Disaster  Small Business Contracting  Socio-economic programs  Size standards  Other  SBA Field Network  Small Business Development Centers  Women’s Business Centers  SCORE SBA’s Programs: Three C’s and a D  Economic Injury Disaster Loans  Business Physical Disaster Loans  Home Physical Disaster Loans  Clusters  STEP  Other 11
    11. 11. Timeline of Programs 12 1953 1958 SBIC 1964 SCORE 1979 1982 SBIR SBA Established 1992 STTR Microlending 2012 Boots 2 Business Encore Entrepreneurs 7(a) Loan Program SB Contracting Set-Aside Program Disaster Loans 1981 504 Loan Program 20101988 WBC 2011 WOSB STEP Start Young 1978 SBDC 2008 Emerging Leaders 8(a) 1998 HUBZone 2003 SDVOSB 2005 VBOC Clusters Legend = Capital = Contracting = Counselling = Disaster
    12. 12. Capital: All SBA Loans 13 27.4 28.5 24.6 17.8 22.4 30.5 30.3 29.6 0 5 10 15 20 25 30 35 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 Total loans supported since Fiscal Year 2006 SBAlending($,billion) 824 903 699 499 556 640 571 559 0 200 400 600 800 1000 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 Thousands of jobs supported by SBA lending since Fiscal Year 2006 (self-reported) Jobssupported(K)
    13. 13. 14 Small Business Prime Contracting Achievement (%) 23.41 22.83 22.00 21.50 21.89 22.66 21.65 22.25 20% 21% 22% 23% 24% FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 Goal Small Business Prime Contracting Achievement ($, Billions) 75.0 77.7 83.3 92.1 96.8 98.0 91.5 89.9 0 20 40 60 80 100 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12  Who: Small business contractors  What: SBA manages the small business contracting programs for all federal agencies and is responsible for ensuring the government achieves the statutory goals: – 23% Small Business – 5% Small Disadvantaged Business (8a) – 5% Women-Owned Small Businesses – 3% HUBZone – 3% Service-Disabled Veteran-Owned SBs  How: Set-aside programs are in place for each of the small business categories above. SBA manages the certification and protest process for each program Contracting: Small Business Contracting
    14. 14. Contracting: Socio-Economic Programs Women-Owned Small Business (%)Small Disadvantaged Business (%) 6.55 6.76 6.58 6.76 7.56 7.95 7.67 8.00 0% 2% 4% 6% 8% FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 Goal 3.18 3.41 3.41 3.39 3.68 4.04 3.98 4.00 0% 2% 4% 6% 8% FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 Goal Service-Disabled Veteran-Owned Small Business (%)Historically Underutilized Business Zones (%) 1.93 2.11 2.24 2.34 2.81 2.77 2.35 2.01 0% 2% 4% 6% 8% FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 Goal 0.61 0.87 1.01 1.49 1.98 2.50 2.65 3.03 0% 2% 4% 6% 8% FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 Goal 15
    15. 15.  Who: All small businesses  What: SBA sets the small business size standard for each industry based on the North American Industry Classification Codes (NAICS); These standards are used for all SBA programs  How: – Size standards are determined based on economic analysis of each industry – Standards are based on either (1) number of employees, (2) annual revenues or (3) a combination of the two – Per the Small Business Jobs Act of 2010, all size standards need to be updated every 5 years Contracting: Size Standards Most common standards for a small business:  500 employees for most manufacturing and mining industries  $7 million in average annual receipts for most non-manufacturing industries Largest size standards:  1500 employees for select manufacturing industries  $35.5 million in average annual receipts for select construction, retail and services industries 16
    16. 16. Counseling: Small Business Development Centers 17 SBDC data (last five fiscal years, plus FY14 budget) 116 113 121 113 103 114 90 100 110 120 130 FY09 FY10 FY11 FY12 FY13 FY14 SBDC grants in budget - $M 376 380 352 332 331 208 210 205 211 202 0 200 400 600 800 FY09 FY10 FY11 FY12 FY13 xThousands of SBDC clients counseled (red) and trained (blue) 584 589 558 544 532  Who: All small businesses and entrepreneurs  What: These resource partners provide a vast array of technical assistance that helps strengthen business performance and adds to the creation of new businesses.  How: SBA awards matching grants to SBDC leads in each state; one or more sponsors (state/local government or private) must provide matching fund contributions. SBDCs offer no cost, extensive, one-on-one, long- term professional business advising, low-cost training and other specialized services  Number: For years statute has required that SBA fund 63 cooperative agreements with resource partners that serve as lead SBDCs
    17. 17. Counseling: SCORE 18 5.0 7.0 7.0 7.0 6.4 7.0 0 2 4 6 8 FY09 FY10 FY11 FY12 FY13 FY14 SCORE grant size in budget - $M SCORE data (last five fiscal years, plus FY14 budget) 177 237 221 292 218 204 170 136 167 127 0 100 200 300 400 500 FY09 FY10 FY11 FY12 FY13 xThousands of SCORE clients counseled (red) and trained (blue) 380 407 357 459 346  Who: Small businesses and aspiring entrepreneurs  What: SCORE members are trained to serve as counselors advisors and mentors to aspiring entrepreneurs and business owners  How: SBA awards a single grant to SCORE. Working and retired executives and business owners donate their time providing entrepreneurs with free, confidential face-to- face and online business counseling services offered at no fee, as a community service 368 371 367 367 332 300 350 400 FY09 FY10 FY11 FY12 FY13 Number of SCORE-funded chapters
    18. 18. Counseling: Other 19 AARP / Encore Entrepreneurs Boots to Business (B2B) Entrepreneurship Education Start Young VBOCs Background  Who: Americans over the age of 50  What/How: SBA and AARP are working jointly to link Americans age 50+ with small business development resources, including live workshops, conferences and mentoring programs to give them entrepreneurship support  Who: transitioning service members  What/How: B2B courses introduce veterans to the fundamentals of small business ownership and to the SBA tools and resources available to them. SBA’s resource partner network is responsible for delivering B2B trainings on bases across the country  Who: Owners of high-growth small businesses in underserved communities  What/How: SBA’s Entrepreneurship Education program offers an intensive seven‐month executive leader education series that elevates business owners’ growth trajectory, creates jobs, and contributes to the economic well‐being of underserved communities  Who: Students enrolled in the U.S. Department of Labor (DOL) Job Corps Program  What/How: Start Young helps young people learn the skills they need to start their own businesses. SBA partners with the DOL’s Employment and Training Administration and resource partners to provide entrepreneurship training that lasts 6-9 weeks  Who: veteran business owners or veterans considering starting a business  What/How: program is designed to provide entrepreneurial development services such as business training, counseling, mentoring and referrals. VBOC workshops are focused
    19. 19. Disaster: Business Disaster Loans 20 Business disaster loan data (last five fiscal years) 372 214 172 215 550 0 200 400 600 FY09 FY10 FY11 FY12 FY13 Business disaster loan lending - $M 3,372 2,070 1,717 1,907 5,119 0 2,000 4,000 6,000 FY09 FY10 FY11 FY12 FY13 Business disaster loans approved Business – Physical Disaster Loans  Who: Businesses or most private nonprofit organizations located in a declared disaster area with losses not fully covered by insurance  What/How: SBA makes physical disaster loans of up to $2M for the repair or replacement of the following: equipment, fixtures, inventory, machinery, and leasehold improvements Business – Economic Injury Disaster Loans  Who: small businesses and private nonprofits located in a declared disaster area  What/How: SBA makes economic injury loans of up to $2M to help meet financial obligations and operating expenses that could have been met had the disaster not occurred. This capital helps organizations survive until normal operations resume after a disaster.
    20. 20. Disaster: Home Physical Disaster Loans 21 Home disaster loan data (last five fiscal years)  Who: homeowners, renters and/or personal property owners located in a declared disaster area  What: Primary source funding for permanent rebuilding and replacement of uninsured or underinsured disaster damages  How: SBA can provide up to $40K to homeowners and renters to help repair or replace personal property, such as clothing, furniture, automobiles, etc., lost in a disaster. SBA can also provide homeowners a loan of up to $200K to repair or replace their primary residence to its pre-disaster condition  Other Background: Fiscal Year 2013’s spike in home disaster loans was a result of Hurricane Sandy 757 360 567 475 2,426 0 1,000 2,000 3,000 FY09 FY10 FY11 FY12 FY13 Home disaster loan lending - $M 18,408 13,286 11,926 13,417 41,698 0 10,000 20,000 30,000 40,000 50,000 FY09 FY10 FY11 FY12 FY13 Home disaster loans approved
    21. 21. Disaster: Top Disasters for SBA Assistance 22 Major Disaster Lending Activity in the Last 20 Years ($, billions) 0.5 0.5 0.7 0.7 0.8 2.2 2.4 4.0 10.9 0 2 4 6 8 10 12 Hurricane Irene & TS Lee ('11) WTC/Pentagon ('01) Hurricane Floyd ('99) Upper Midwest Floods ('97) Hurricanes Ike & Gustav ('08) Florida Hurricanes ('04) Hurricane Sandy ('12) Northridge Earthquake ('94) Hurricanes Katrina/Rita/Wilma ('05)
    22. 22. SBA Overview U.S. SourceLink Conference, April 24, 2014

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