Small Business Administration

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Small Business Administration

An agency of the U.S. federal government that guarantees loans made to entrepreneurs and small businesses. It also provides special assistance to businesses run by women and minorities. It was established in 1953.
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Small Business Administration (SBA)

A federal government agency created in 1953 to “aid, counsel, assist and protect... the interests of small business concerns,” including real estate-related industries. It provides training and counseling and financial assistance through loans and guarantees. The SBA (www.sba.gov) also negotiates small business set-asides with federal agencies requiring outside goods and services, meaning that a certain predetermined percentage of those contracts will be awarded to small businesses.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
JEGroup advocates for disadvantaged and underrepresented (small, woman, Veteran, LGBT and minority-owned) businesses and policy change agents specializing in the supplier diversity and, government contracting industry.
The Government Contracting Assistance Center also offers extensive training programs conducted throughout the year and throughout the state.
"They have a good thing understanding the ANCs, and they have adequate resources to understand government contracting," Kim says.
* Nonsupervisory subcontracting managers equivalent to nonsupervisory government contracting officers
Meetings: CGB meets quarterly in the Washington, D.C., area with speakers from the Department of Defense, Capitol Hill or other government contracting regulatory agencies.
Even though we no longer have the "blacklisting rules," and suspension and debarment actions most often arise from primarily government contracting activities, it would be incorrect to assume that federal agencies, particularly GSA and the Defense Department, always will ignore serious corporate compliance issue in areas unrelated to government contracting.
"AGU is a perfect fit due to its laser-like focus on providing professional development opportunities to the government acquisition, contracting and project management workforce," said Lawrence Hamm, president of UCG's Business and Finance Group, owner of the Government Contracting Institute.
The three new proposals would affect CPAs in industry and public practice who work in the government contracting industry.
OKLAHOMA CITY The Meinders School of Business at Oklahoma City University is offering a certificate program in government contracting, set to begin in September.<br />The Government Contract Management Certificate program, which will meet Friday mornings on campus for 10 weeks, will show students how to work with local, state and federal government entities on contract acquisition and management.
As a certified supplier in partnership with Fortune 500 and government buying agencies through the supplier diversity and government contracting programs, business owners can sell their goods and services.
Global Banking News-February 8, 2016--MainStreet Bank expands government contracting team

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