NSBA Report Shows Small Business Climate Improving

January 31, 2012

Contact: Molly Brogan 202-552-2904 press@nsba.biz Washington, D.C. – The National Small Business Association (NSBA) today released its 2011 Year-End Economic Report  which shows a decidedly more positive outlook for America’s small businesses, with important gains in several key indicators. Most notably, more small-business owners report being confident about the future of their...

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Small Biz Skeptical of SBA Reorganization Plan

January 18, 2012

Last Friday, President Barack Obama announced that he was elevating the head of the U.S. Small Business Administration (SBA) to a cabinet-level position and seeking authority from Congress to consolidate six government departments and agencies into one super agency. Obama will exercise his executive authority to elevate the SBA’s current Administrator,...

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NSBA Reacts to Proposed SBA Consolidation

January 13, 2012

Today, President Barack Obama is asking Congress to grant him authority to consolidate various administration agencies and offices. This fast-track authority would require Congress to hold a vote on the President’s consolidation proposals within 90 days. At the top of the list for consolidation are five offices focusing business and...

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Senate Confirms Chief Counsel for Advocacy

November 29, 2011

Last week, on Nov. 21, Dr. Winslow Sargeant was confirmed by the U.S. Senate as Chief Counsel for Advocacy the U.S. Small Business Administration (SBA) Office of Advocacy. His nomination was approved back in October by the U.S. Senate Committee on Small Business and Entrepreneurship. Dr. Sargeant was initially was...

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House Passes Three Small Biz Capital Access Bills

November 8, 2011

The U.S. House of Representatives passed three bills Nov. 2 with strong bipartisan support that would substantially reduce the regulatory impediments to small businesses raising capital. The Small Company Capital Formation Act of 2011 (H.R. 1070) passed the House by a margin of 421-1. The bill would effectively amend Regulation A by...

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SBIC Hits Record Lending

November 1, 2011

The U.S. Small Business Administration recently announced record small-business financing through the Small Business Investment Company (SBIC) program. In FY 2011, SBIC provided $2.59 billion to small businesses, a 63 percent increase over FY 2010. SBICs are privately-owned and managed investment firms that are licensed and regulated by SBA. SBICs...

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SBA Final Rule to Address Contract Bundling

November 1, 2011

The U.S. Small Business Administration (SBA) recently published a final rule implementing various regulatory changes made by the Small Business Jobs Act of 2010. The rule is effective on Nov. 28, 2011, unless the agency receives “significant adverse comment” by Nov. 14, in which case it will publish a withdrawal of the...

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SBA Issues Latest New Size-Standards

October 18, 2011

The U.S. Small Business Administration (SBA) recently issued a proposed rule that would increase the revenue-based small-business size standard in 37 “Administrative and Support, Waste Management and Remediation Services” industries and 15 “Information” industries, which includes such categories software publishing, motion picture production and theaters, radio stations and television broadcasting,...

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Jobs Council Unveils Recommendations

October 13, 2011

The President’s Council on Jobs and Competitiveness met on Tuesday, Oct. 11 to make formal recommendations to President Barack Obama. Included in their 52-page report, “Taking Action, Building Confidence” were recommendations ranging from infrastructure spending to tax cuts, and immigration reform to foreign direct investment in the U.S. The recommendations...

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SBA Budget Approved by Appropriations Committee

September 20, 2011

The U.S. Senate Committee on Appropriations recently approved legislation appropriating $955.3 million for the U.S. Small Business Administration (SBA) for Fiscal Year (FY) 2012. The amount is only three percent less than the $985 million budget request of President Barack Obama. If approved by the full Senate, this would grant the SBA...

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