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.

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 ( 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.

References in periodicals archive ?
Do you know why the supplier diversity and government contracting programs are important?
Throughout this process, a lender must abide by hundreds of statutes, regulations, and guidelines, similar to government contracting under the Federal Acquisition Regulations (FAR) and its supplements.
The Best Corporate Citizens in Government Contracting List is based on the methodology of CR Magazine's100 Best Corporate Citizens List, which is widely recognized as the world's top corporate responsibility ranking system and named by PR Week as one of America's top three most-important business rankings.
TargetGov, created the Government Contracting Institute to provide government contractors with the skills and knowledge to successfully execute and fulfill their government contracts.
For someone familiar with federal government contracting, this work will become a necessary resource tool that should be found on nearly everyone's desk or in his or her library.
The Government Contracting Institute, established in 2013 by bwtech@UMBC and TargetGov at bwtech@UMBC's Research Park, is a series of courses designed to help businesses at all experience levels see success in the federal government marketplace.
To help the process along, the panel recommended allowing more commercial companies to be involved with government contracting without having to adopt cost accounting standards.
CHICAGO -- Today at the Government Contracting Procurement and Networking Event in Chicago, American Express OPEN([R]), the small business division of the financial services company, recognized three small business owners for their exceptional achievements in government contracting with the second iteration of the Victory in Procurement (VIP) Awards.
8220;We attended three classes at the Government Contracting Institute and within a year we grew our revenue by over $1Million.
OPEN's Government Contracting Event in New Orleans Helps Entrepreneurs Do Business with World's Largest Customer
This start-up guide includes an introduction to government contracting section which can be accessed by visiting the site.
Teaming USA, a component of the VIP program, helps facilitate teaming relationships among small business owners interested in government contracting through live events, online resources and an interactive web site (www.

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