Linda McMahon applauding as Connecticut voted for Trump at the Republican National Convention. Technology (SBIR/STTR) administers the Small Business Innovation Research (SBIR) Program and the Small Business Technology Transfer (STTR) Program Through these two competitive programs, the SBA ensures that the nation’s small, high-tech, innovative businesses are a significant part of the federal government’s research and development efforts.
Congressional interest in the Microloan program has increased in recent years, primarily because microloans are viewed as a means to assist very small businesses, especially women- and minority-owned startups, to get loans that enable them to create jobs.
SBA financing through the years has played an integral role in assisting an array of entrepreneurial enterprises; from corner stores to family-owned restaurants to strip malls and well beyond, the Small Business Administration and its affiliates have managed to keep the pulse of the American dream beating strong.
The Agency is a leading participant in interagency collaborations that focus on innovation, place-based and sector-based growth, government contracting, veterans and reservists, disaster recovery, access to capital for small business owners and entrepreneurial education.
All in all, the small business model in America in conjunction with SBA loans over the last century have ended up playing a significant role on the way to engendering many great things: employment, growth opportunities, new neighborhoods, schools, and a laundry list of many other positives.