Advocacy Small Business Economy Report

March 27, 2012

Late last week, the U.S. Small Business Administration (SBA) Office of Advocacy released their annual  “Small Business Economy 2011” report which provides various data about America’s small-business community. Included in the report is data about small-business lending, number of firms, firm creations, sales and so on, and the report includes trending...

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Advocacy Unveils New Research Tool

March 14, 2012

On Tuesday, March 13, the U.S. Small Business Administration (SBA) Office of Advocacy unveiled a new research tool, the Small Business Data Resources, for small-business data which provides a comprehensive list of data sources and the type of data provided, along with hyperlinks to each data source.

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Advocacy Saves Small Firms Billions in FY 2011

February 15, 2012

On Tuesday, Feb. 14, the U.S. Small Business Administration (SBA) Office of Advocacy released its annual report on the Regulatory Flexibility Act (RFA), FY 2011 which showed that Advocacy saved small businesses $11.7 billion in first year regulatory costs and $10.7 billion in annually recurring costs. The report documents federal...

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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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