SBA’s small business programs range from guaranteed loans to disaster assistance and procurement programs. But how can you know if your business qualifies for SBA assistance? After all, what makes a small business “small” and a large business “large?”
What do the electric light bulb, the internal combustion engine and the transistor have in common? They are all examples of how innovative ideas can bring rapid change and growth to our economy. Innovation has long been recognized as an important driver of economic growth. New ideas can spark wave upon wave of new goods and services that literally transform the economy, making it more robust and vibrant. What exactly is innovation?Read More
Yesterday, Acting Deputy Commerce Secretary Rebecca Blank met with Frédéric Lefebvre, French Minister for Commerce, SMEs, Tourism, and Consumer Policy, at the Commerce Department to discuss ways to increase cooperation in the U.S.-France commercial relationship. Lefebvre is in Washington briefly before traveling to Miami for the World Symposium of French Trade Advisors on February 9–10. In light of the Euro crisis, Blank and Lefebvre discussed French growth prospects and U.S.Read More
Recently, SBA kicked off the 2012 Emerging Leaders (known as the e200) executive-level training initiative for small business owners in 27 cities, including 10 Native American communities.
How’s your business networking strategy doing? Have you even got one?
It doesn’t matter what type of business you run, networking with potential partners, customers, suppliers and even your peers is an essential part of business ownership.
For many of us though, the term “networking” conjures up images of schmoozy sales pitches and painfully difficult networking events. Let’s face it – it can be downright scary throwing yourself into a room with a glass of wine in your hand as your only defense from the pressure of kick-starting a conversation with a complete stranger!
President Obama recently laid out plans in his State of the Union address to foster an economy that’s built to last by ensuring that America has the highly skilled workers necessary for 21st century jobs. Yesterday, Acting Deputy Commerce Secretary Rebecca Blank traveled to Madison, Wisconsin, where she visited the Madison Area Technical College, a training ground for students that leads directly to skilled manufacturing jobs nationwide. Blank met with students and sat in on a training class focused on hybrid vehicle technology.Read More
Teacher at Sea Program (TAS) prepares for its 2012 season, the lessons and materials
created by its participants from the 2011 season are making it into the hands
of their eager students around the U.S. In 2011, 34 teachers representing
21 states, participated in NOAA research cruises, involving science,
technology, engineering, and math (STEM) concepts that can be integrated into
their daily lessons. One of the goals of the TAS program is that teachers understand
Did you know the U.S. federal government buys nearly $100 billion worth of goods and services from small businesses each year? It’s a lucrative business opportunity, indeed!
However, selling to the federal government demands a completely different go-to-market approach than does the commercial sector. And because a certain amount of Uncle Sam’s budget is specifically set aside for small businesses, you’ll also need to meet a few regulatory formalities to make sure you’re qualified and registered to sell to the government.
In today’s information-age economy, broadband is becoming a necessity for anyone searching for or applying for a job. Many job openings are only posted online. And about 80 percent of Fortune 500 companies only accept applications online. What’s more, in the current job market, digital literacy skills are often a requirement. For example, about 60 percent of working Americans use the Internet as an integral part of their jobs. Yet too many Americans lack the broadband access or skills needed to succeed in the workforce.Read More
In late January, SBA Administrator Karen Mills spoke before an audience of entrepreneurs at one of the top business forums in the country.