The Small Business Administration helps entrepreneurs start and grow businesses through three main services: government contracts set aside for disadvantaged groups, free counseling and mentoring, and loan guarantees that let banks lend to small businesses with less risk.
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The U.S. small Business Administration, or SBA, is dedicated to helping entrepreneurs and small business owners start, grow and succeed in their business ventures. In fact, some of the most recognizable brands started small for people throughout the United States, Puerto Rico, the U.S. virgin Islands and Guam. SBA is here to help at any stage of your business, from writing a business plan to providing resources to export your product overseas. Headquartered in Washington, D.C. sBA has district offices across the country. These offices help entrepreneurs with the three contracting, counseling, and capital. Government contracting can be a critical tool for growing your small business. The government has many categories of contract opportunities set aside exclusively for small businesses. These help level the playing field for women, veterans and the socially and economically disadvantaged. SBA also offers participation in matchmaking events in the Mentor Protege Program to help small businesses compete more successfully for federal government contracts. Through our District offices and extensive network of resource partners, SBA offers hands on training, mentoring and expert advice tailored to your needs. Our online learning center is also available around the clock so you can explore and take training courses at your convenience. Many entrepreneurs need financial resources to start or expand a small business, and they must combine what they have with other sources of financing. While the SBA doesn't loan money directly to small business owners, we can help facilitate a loan with a third party lender such as a bank or credit union by guaranteeing that a certain portion of the loan will be repaid. SBA guaranteed loans can be used for various business needs including replenishing seasonal inventory, building, expansion or renovation, purchasing equipment and working capital. Ready to start or grow your small business? Visit SBA.gov to learn more about how we can help.
