Small Business Administration - aVenture Government Agency Research
Small Business Administration
Operating Status: Operating
US agency providing capital, contracts, and counseling to support entrepreneurs and small businesses.
Founded
1953
Location
Washington, D.C., DC, US
The United States Small Business Administration (SBA) was founded in 1953 as an independent agency of the U.S. government. Its core mission is to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses and assisting in the economic recovery of communities after disasters. The SBA provides a range of services including capital, contracts, and counseling to support entrepreneurs and small businesses. Its market focus is on fostering growth and sustainability for small enterprises across various industries.
Notable affiliated individuals include past administrators who have played significant roles in shaping the agency's policies. Key investors are essentially the U.S. government, which funds the SBA's initiatives. The SBA has achieved significant milestones such as facilitating billions in loans to small businesses, securing government contracts, and offering extensive educational resources. Its overall impact is profound, contributing to job creation, economic development, and community resilience nationwide.
Small Business Administration - Quick Facts
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