An Overview of SBA Programs Herbert Austin District

An Overview of SBA Programs Herbert Austin District Director U. S. Small Business Administration Dallas/Fort Worth District Office 4300 Amon Carter Blvd. Suite 114 Fort Worth, TX 76155 (817)685 -5502 1

Who Are We? SBA- Small Business Administration A Small Federal Agency with a Huge Mandate Advocate and Champion for the 28 Million small businesses of the Country The mission of the U. S. Small Business Administration (SBA) is to support small businesses from start-up to the realization of their ultimate goals. www. sba. gov 2 2

Priority Top priority is to ensure that the health of small businesses remain strong so they may continue to: q. Prosper q. Create Jobs q. Innovate Small businesses are the backbone of the U. S. Economy, creating 2/3 of all net jobs during the last few years The country’s economy can only be strong when the small businesses are strong. www. sba. gov 3 3

There are 3 ways the SBA can help build, start, and grow businesses: (3 C’s ) 1. Counseling and Training 2. Contracting Support 3. Capital Access 4

Counseling and Training For businesses at any stage from start-up to mature § SCORE (Service Corps Of Retired Executives) § SBDC- Small Business Development Centers § Women’s Business Centers § Online Small Business Training Network § § § Free On-Line SBA Courses Free one-on-one counseling* Low-cost classes in basic and advanced business skills* *(Resource Partners) 5

Contracting Support U. S. Government: The World’s Largest Customer Federal Contracts = $500 Billion + per year (FY 2014) 6

Contracting Support PROCUREMENT TARGETS: Small Businesses: 23%= <100 Billion $500 Billion + per year 7

Accessing Capital q The SBA does not make direct loans to business owners (except to assist with recovering from a natural disaster). q What the SBA does is to guarantee loans made by qualified lenders to qualified business owners. q The Dallas/Fort Worth District which encompasses 72 counties approved 1982 loans to business owners totaling $1, 046, 054, 800 in guaranteed loans in the past 12 months as of September 30, 2015. 8

Thank you For more information about your local SBA resource and events, visit the SBA website at: www. sba. gov https: //www. sba. gov/offices/district/tx/dallas-fort-worth 9

Herbert Austin District Director U. S. Small Business Administration Dallas/Fort Worth District Office 4300 Amon Carter Blvd, Suite 114 Fort Worth, TX 76155 (817)684 -5502 herbert. austin@sba. gov 10