Earn your Master of Administration degree in Small Business Administration entirely online through Northern Arizona University. The New York Small Business Development Center is pleased to recognize the boldest, brightest, and best small companies and enterprising individuals in New York State. We are committed to being a premier provider of small business financing under the United States SBA loan programs, by recognizing the specific needs of the small businesses we serve and by providing best in class service.
Success coaching for small business applies simple yet powerful processes and strategies to the most critical areas of business. Furthermore, Small Business Administration assists small enterprises to manage their operations, gain technical experience as well as provide training to their staff or administrators.
The program’s advocates argue that it provides assistance that reaches many who otherwise would not be served by the private sector and is an important source of capital and training assistance for low-income women and minority business owners. The applicant must also have sufficient equity capital so that, with the SBA loan, the business can operate on a sound financial basis.
You can use the loans, which are administered through community nonprofits, for such business needs as working capital, inventory or supplies, and machinery or equipment. Classes concentrate on the many areas a business owner needs to know to run a successful small business.
President Obama announced in January 2012 that he would elevate the SBA into the Cabinet, a position it last held during the Clinton administration, thus making the Administrator of the Small Business Administration a cabinet-level position. Fast-expediting loans of up to $350,000 provide fixed-asset purchase power, debt consolidation, or working capital.