U.S. SMALL BUSINESS
ADMINISTRATION OVERVIEW
CREATE, CHALLENGE, CHANGE
1
August 1, 2016
SBA: Smart, Bold, Accessible
Our Mission: to maintain and strengthen
the United States economy;
• To aid, counsel, assist and protect the interests of small
businesses;
• To help families and businesses recover from natural
disasters.
2
3
4
National Goal: 23 percent of all prime
federal government contract dollars go to
small business
Success: 25.75 percent or $91 billion in
federal contracts went to small businesses
during FY 2015.
5
• These contracts supported over 537,000 jobs.
• 5.05% or $18 billion to Women-Owned Small
Businesses
• 3.93% or $14 billion to Service-Disabled Veteran-
Owned Small Businesses
• 10.06% or $35.4 billion to Small Disadvantaged
Businesses
SBA provides education, information, technical assistance &
training free-of-charge
• In-person, face-to-face and online advising, mentoring, and training for
every stage of business growth and development.
SBDCs
Small Business
Development Centers
SCORE
Counselors to America's
Small Business
CDCs
Certified Development
Companies
USEACs
Export Assistance Centers
VBOCs
Veterans Business
Outreach Centers
WBCs
Women’s Business
Centers
+ SBA Regional &
District Offices
6
In addition to our resource partners, SBA has launched several
counseling initiatives that directly affect small business owners.
• Start-up in a day
• Emerging Leaders
• Boots-to-Business
• Encore Entrepreneurs
7
8
Capital
• Record lending numbers during FY 2015
• Total lending was $27.9 billion
– $3.10 billion to Women Owned Businesses
– $1.23 billion to Veteran Owned Businesses
– $6.81 billion to Minority Owned Businesses
• Additionally, in FY2015 SBA’s 7(a) program provided:
– $1.25 billion to small business exporters
– $7.94 billion to new business start-ups
9
Two flagship business loan guarantee programs help start-up
businesses launch and existing business expand:
SBA provides a
guarantee of select
small business loans
made by lender
participants
7(a) Supports job creation
and economic
development through
guaranteed debentures
504
Working
Capital
Accounts
Receivable
and Inventory
Equipment
Leasehold
Improvements
Real Estate
and Buildings
Certain
Refinancing
of Debt
Financing
Change of
Ownership 10
SBIC - The Small Business Investment Company:
A multi-billion dollar investment program to bridge the gap
between entrepreneurs’ need for capital and traditional
sources of financing.
• $23.78 billion of assets under management
• 299 active SBICs
• $13 billion of investments into more than 6,300 U.S. small
businesses across multiple industries over last 5 years
• $4 billion authorization per year
11
SBIR – The Small Business Innovation Research
STTR – Small Technology Transfer Research
R&D funds to develop commercially viable innovations
• $2.2 billion annual set aside
• 145,000 awards granted
• 10 patents per day
12
SBA Success Stories
13
Colorado: American Furniture Warehouse
New Belgium Brewery
Oskar Blues Brewery
Comedy Works
Otterbox
Camp Bow Wow
Nationally: Costco
Nike
Outback Steak House
Federal Express
Ben and Jerry’s Ice Cream
14
15
Thank you!
Betsy.Markey@sba.gov
303-844-0505
SBA Region VIII Office
721 19th Street, Suite 400
Denver, CO 80202
www.sba.gov

U.S. Small Business Administration Overview

  • 1.
    U.S. SMALL BUSINESS ADMINISTRATIONOVERVIEW CREATE, CHALLENGE, CHANGE 1 August 1, 2016
  • 2.
    SBA: Smart, Bold,Accessible Our Mission: to maintain and strengthen the United States economy; • To aid, counsel, assist and protect the interests of small businesses; • To help families and businesses recover from natural disasters. 2
  • 3.
  • 4.
    4 National Goal: 23percent of all prime federal government contract dollars go to small business Success: 25.75 percent or $91 billion in federal contracts went to small businesses during FY 2015.
  • 5.
    5 • These contractssupported over 537,000 jobs. • 5.05% or $18 billion to Women-Owned Small Businesses • 3.93% or $14 billion to Service-Disabled Veteran- Owned Small Businesses • 10.06% or $35.4 billion to Small Disadvantaged Businesses
  • 6.
    SBA provides education,information, technical assistance & training free-of-charge • In-person, face-to-face and online advising, mentoring, and training for every stage of business growth and development. SBDCs Small Business Development Centers SCORE Counselors to America's Small Business CDCs Certified Development Companies USEACs Export Assistance Centers VBOCs Veterans Business Outreach Centers WBCs Women’s Business Centers + SBA Regional & District Offices 6
  • 7.
    In addition toour resource partners, SBA has launched several counseling initiatives that directly affect small business owners. • Start-up in a day • Emerging Leaders • Boots-to-Business • Encore Entrepreneurs 7
  • 8.
  • 9.
    Capital • Record lendingnumbers during FY 2015 • Total lending was $27.9 billion – $3.10 billion to Women Owned Businesses – $1.23 billion to Veteran Owned Businesses – $6.81 billion to Minority Owned Businesses • Additionally, in FY2015 SBA’s 7(a) program provided: – $1.25 billion to small business exporters – $7.94 billion to new business start-ups 9
  • 10.
    Two flagship businessloan guarantee programs help start-up businesses launch and existing business expand: SBA provides a guarantee of select small business loans made by lender participants 7(a) Supports job creation and economic development through guaranteed debentures 504 Working Capital Accounts Receivable and Inventory Equipment Leasehold Improvements Real Estate and Buildings Certain Refinancing of Debt Financing Change of Ownership 10
  • 11.
    SBIC - TheSmall Business Investment Company: A multi-billion dollar investment program to bridge the gap between entrepreneurs’ need for capital and traditional sources of financing. • $23.78 billion of assets under management • 299 active SBICs • $13 billion of investments into more than 6,300 U.S. small businesses across multiple industries over last 5 years • $4 billion authorization per year 11
  • 12.
    SBIR – TheSmall Business Innovation Research STTR – Small Technology Transfer Research R&D funds to develop commercially viable innovations • $2.2 billion annual set aside • 145,000 awards granted • 10 patents per day 12
  • 13.
    SBA Success Stories 13 Colorado:American Furniture Warehouse New Belgium Brewery Oskar Blues Brewery Comedy Works Otterbox Camp Bow Wow Nationally: Costco Nike Outback Steak House Federal Express Ben and Jerry’s Ice Cream
  • 14.
  • 15.
    15 Thank you! Betsy.Markey@sba.gov 303-844-0505 SBA RegionVIII Office 721 19th Street, Suite 400 Denver, CO 80202 www.sba.gov