US Small Enterprise Administration Evaluations

small business administrationThe US Small Business Administration is an independent federal agency that works to assist and protect the pursuits of American small companies. Candidates who don’t qualify for catastrophe assistance loans are referred to the Federal Emergency Administration Company (FEMA) for grants. SBA’s Office of Veteran Business Growth operates twenty 19 Veteran Enterprise Outreach Facilities 20 by grants and cooperative agreements with organizations which give technical assistance to businesses owned by veterans and members of the family.

The SBA’s assure gives sureties an incentive to offer bonding for eligible contractors, thereby strengthening a contractor’s ability to acquire bonding and better access to contracting alternatives for small companies. In 2011, the SBA, together with the FBI and the IRS , uncovered a large scheme to defraud this program. With these two sources of capital backing them, SBICs search throughout the United States for promising businesses in need of debt or equity financing.…