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SBA Proposes Size Standard Changes to Reflect Current Marketplace Conditions

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MBDA

A proposed rule published today for comment in The Federal Register by the U.S. Small Business Administration would adjust the size definition of small businesses in the transportation and warehousing sector to reflect changes in marketplace conditions in those sectors.  

The proposed revisions would increase the revenue-based size definition businesses must meet to qualify as small businesses in 22 industries of the transportation and warehousing sector. As part of its ongoing comprehensive review of all size standards, the SBA evaluated all industries in this sector that have revenue-based size standards to determine whether the size standards should be retained or revised.  

Startup America

Blogged By: 
MBDA

“Startup America also represents a historic partnership with business leaders, investors, universities, foundations, and non-profits, and we're urging others to join them in this effort. For entrepreneurs speak to what's best about America, and in their drive and innovative spirit -- in their willingness to take a risk on a bold idea -- we can see the future. We can see how America will compete and win in the 21st century global economy.” President Obama

SBA Approves First Six Lenders for Community Advantage Pilot Program

Blogged By: 
MBDA

The U.S. Small Business Administration has approved an initial group of six community-based, mission-focused lenders to start accepting and processing Community Advantage loan applications from small business borrowers immediately, the agency announced today.

How Do Firms Choose Legal Form of Organization?

Blogged By: 
SBA

To incorporate, or to not incorporate? That is the question posed at start-up. This Advocacy funded report by Rebel Cole, How Do Firms Choose Legal Form of Organization? finds that the choice of legal form of organization is relatively stable over a firm’s first four years. When changes do occur, they tend to be to the more complex forms of organization.

Legal Form of Organization Research Summary

If you have any questions regarding Advocacy’s report, please do not hesitate to contact Brian Headd at 202-205-6533.

America's Best: Telling Their Stories Their Way

Blogged By: 
SBA

A new video series launched today by the U.S. Small Business Administration and ADP® offers insight into the story behind the story of six successful American companies.  Featuring the individuals who built their businesses from an idea to become industry leaders, the “America’s Best” series shares keys to success, best practices and lessons learned for today’s entrepreneurs.

“With this series, SBA and our partner ADP offer current and potential entrepreneurs a chance to hear from the people who built their big ideas into some of America’s most successful companies,” SBA Administrator Karen Mills said.  “These six people share their personal perspectives and insights into the challenges they faced, along with their failures and successes, while also offering an inspirational look at the resiliency behind America’s spirit of entrepreneurship.”

The “America’s Best” video series is available online at www.sba.gov/AmericasBest and on www.ADP.com.  The series was produced in partnership between SBA and ADP, a provider of human resource outsourcing, payroll services and benefits administration. 

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MBDA Minority Business Centers helped clients obtain capital totaling $4.76 billion during the last 5 fiscal years.
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