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News and Announcements


  • Submitted on 26 April 2013

    Purpose

    The availability of capital is crucial for small business startup, survival, and growth. This study investigates how the youngest small firms operated and were financed during the evolving financial environment of the recent Great Recession, especially high-tech firms and firms owned by women and minorities.

  • Submitted on 12 April 2013

    Budget Authority and FTEThe Minority Business Development Agency (MBDA) promotes the ability of minority business enterprises (MBE) to grow and to participate in the global economy through a range of activities that include funding a network of centers that provide MBEs a variety of business assistance services. Through its direct federal client services and its network of funded centers, MBDA: (1) fosters the expansion of opportunities for minority-owned businesses in the global marketplace; (2) identifies sources of financial capital for minority-owned firms; (3) develops and upgrades electronic tools to provide access to growth markets through automated matching of MBEs to public and private sector opportunities; (4) provides management and technical assistance to minority-owned businesses; and (5) advocates for the increased use of electronic commerce and new technologies by MBEs.

  • Submitted on 27 February 2013

    SBA Launches 2013 Emerging Leaders Initiative

    The U.S. Small Business Administration launched its 2013 Emerging Leaders executive-level training initiative, formerly known as e200, in 27 cities and communities across the country. Since 2008 the initiative has trained more than 1,300 promising small business owners in underserved communities, and continues to expand its impact helping small businesses grow and create jobs.  The city of Los Angeles is joining the initiative for the first time and Oklahoma City, Portland and Seattle are returning.

  • Submitted on 14 February 2013

    Recognizes 7th Annual National Entrepreneurship Week February 16-23, 2013

    WHAT
    The U.S. Small Business Administration will host a series of webinars in recognition of the seventh annual National Entrepreneurship Week.  The emphasis will be on how the next generation of small business owners can leverage crowdfunding as an alternative finance option to start and grow their businesses.

    WHEN
    February 19-21, 2013, daily at 3:00 p.m. (ET)

  • Submitted on 13 February 2013

    FOR IMMEDIATE RELEASE
    Friday, February 8, 2013
    CONTACT OFFICE OF PUBLIC AFFAIRS
    202-482-4883

    Today U.S. Deputy Secretary of Commerce Rebecca Blank issued a statement announcing that U.S. goods and services exports reached an all-time record in 2012, totaling $2.2 trillion. Export records were seen across the board, including in: capital goods, automotive vehicles, parts, and engines; consumer goods; and travel and tourism. This announcement follows the release of the 2012 U.S. International Trade in Goods and Services (PDF) data by the Commerce Department’s Census Bureau and Bureau of Economic Analysis.

  • Submitted on 13 February 2013

    Last year was another record-setting year for U.S. exporters.

    Data released today shows that in 2012, American exports totaled $2.2 trillion, eclipsing the previous record of $2.1 trillion in exports in 2011.

    This represents more than just numbers on a spreadsheet; it’s further proof that “Made in the USA” products are in demand all over the world.  It also means that more U.S. businesses are seizing the great opportunities in the global markets, continuing to help pave our nation’s road to economic recovery. 

  • Submitted on 30 January 2013

    The U.S. Small Business Administration (SBA) today launched a new web page and blog dedicated to educating small business owners about the Affordable Care Act. The new tools will serve as a gateway for small business owners connecting them with information provided by SBA’s federal partners responsible for implementing the law, including the U.S. Department of Health and Human Services.

  • Submitted on 07 December 2012

    On Wednesday morning, Acting U.S. Commerce Secretary Rebecca Blank addressed the 2012 White House Tribal Nations Conference, where she emphasized the Commerce Department’s dedication to encouraging job creation and economic growth throughout Indian Country.  The Acting Secretary highlighted the Commerce Department’s recent investment in five business centers to help American Indian and Alaska Native entrepreneurs and businesses. She also discussed the Department’s efforts to support workforce training, to bring more broadband access to rural reservations, and to help address the impact of climate change on tribal coastal communities.

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  • Submitted on 03 December 2012

    MINORITY ENTERPRISE DEVELOPMENT WEEK, 2012

    BY THE PRESIDENT OF THE UNITED STATES OF AMERICA

    A PROCLAMATION

  • Submitted on 23 November 2012

    November 24 is Small Business Saturday, a day set aside to support the small businesses that play a vital role in creating jobs and economic opportunities all across the country.

    Karen G. Mills, Administrator of the Small Business Administration (SBA), released the following statement today encouraging people to support their communities by “shopping small” this holiday season:

    “Small businesses are the backbone of our economy and the fabric of our communities.  Over the last two decades, small and new businesses have been responsible for creating two out of every three net new jobs in the U.S., and today over half of all working Americans own or work for a small business.

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Number of jobs created as a result of services provided by MBDA business centers during the last 5 fiscal years.
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