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SBA Revises Size Standards for Wholesale and Retail Trade Industries

Blogged By: 
SBA News
Created on February 1, 2016
 

The U.S. Small Business Administration (SBA) increased small business size standards affecting businesses in 46 industries in North American Industry Classification System (NAICS) Sector 42, Wholesale Trade, and in one industry in Sector 44-45, Retail Trade.  SBA retained the current size standards for the remaining industries in those sectors.  The final rule was published in the Federal Register on January 25th and will be effective February 26, 2016.

As part of the review of all size standards under the Small Business Jobs Act of 2010 (Jobs Act), SBA reviewed 73 employee based size standards in those sectors to determine whether they should be revised or retained. 

Connecting across continents: MBDA hosts Power Africa and Agribusiness Summit

Blogged By: 
Dijon Rolle, Press Secretary
Created on January 29, 2016
 

Power Africa SummitThe U.S. Department of Commerce, Minority Business Development Agency (MBDA) Business Center-Baltimore and Global Political Solutions, LLC (GPS) hosted the first-ever Power Africa and Agribusiness Summit in Washington, D.C. at The National Press Club, Jan. 13-14.

The summit brought together more than 150 public and private sector investors, minority business entrepreneurs, U.S. government officials, Fortune 500 companies and African Ministerial level delegations from more than 20 African Nations.

2015 - A Year in Review

Blogged By: 
Verlinda Harris, MBDA Management Analyst
Created on January 28, 2016
 

MBDA Year in Review

Need Health Insurance? Here’s what you need to know:

Blogged By: 
MBDA
Created on January 28, 2016
 

If you – or someone you know – needs health insurance, now’s your chance to sign up for quality and affordable coverage.

Visit HealthCare.gov right now to apply and enroll in coverage.

Here are a few fast facts about getting covered through HealthCare.gov:

Mentoring: A Proven Tool For Building A More Dynamic and Diverse Workforce

Blogged By: 
Michele Schimpp is the SBA Deputy Associate Administrator
Created on January 26, 2016
 

Throughout my career, mentors changed my trajectory.  Through them I met successful people who were willing to listen to my ideas—and give their advice on how to turn them into great opportunities. 

Every year, my primary resolution has been to “give forward” what they gave to me, and to be a mentor.  You might be pleased to know that January is National Mentoring Month—a great reminder to all of us to reach out to someone early in his or her career.           

This month reminds us of presidents past, of Dr. Martin Luther King, of service to others and the lasting impact we all have a chance to make in our lifetimes.  And while mentoring isn’t the only solution, it is one way to build a team of fund managers and portfolio companies in the alternative investment industry that is strong and robust because of its diversity.

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