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In: Economics

Determine several “resources” available from the Small Business Administration (SBA) for entrepreneurs that...

Determine several “resources” available from the Small Business Administration (SBA) for entrepreneurs that might be useful in starting, financing, and managing an entrepreneurial venture. The SBA Web site is http://www.sba.gov.

Solutions

Expert Solution

The SBA provides information that can help the small business owner in setting up the business, helping them to position a company, earn good will for contracting opportunities. Also by helping the small business owner understand the basics of sellin. SBA also provides the resources for Small Business Owners in funding and developing their business.

 

Resources that they provide in funding small business are (loan program) :

  • 7(a) Loan Program
  • Certified Development Company (504 Loan Program)
  • Microloan Program
  • Small Business Investment Company Program Resources that they provide in funding small business are (Entrepreneurial development program):
  • Small Business Development Centers
  • Women\'s Business Centers
  • SCORE
  • Veteran Business Outreach Centers (VBOC)
  • Innovation and Strategic Initiatives Resources that they provide in funding small business are (Contracting and business development program):
  • Business development programme

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