151st anniversary of Battle of Hampton RoadsThe remains of two unknown USS Monitor sailors, recovered by NOAA and the U.S. Navy in 2002 from the ship’s gun turret, were buried today, with full military honors, at Arlington National Cemetery.Read More
Guest blog post by Deputy Secretary of Commerce Rebecca BlankYesterday, I met with women who are fostering entrepreneurship and innovation in our economy through their leadership at top venture capital firms in Silicon Valley.We discussed the need for more girls and women to be able to find opportunities in the science, technology, engineering and mathematics (STEM) fields, where women comprise less than one-fourth of the workforce. We also discussed how women are investing in and leading startups and businesses in key areas that support U.S.Read More
Last year the Small Business Administration held a series of regional roundtables with accelerators and universities, and one of the major takeaways was that universities could use a dedicated forum to discuss best practices and build new connections between academia and startup entrepreneurs.
Based off this feedback, the SBA and Department of Commerce created Startup University as a forum for educators and entrepreneurs like you to vote, comment, add provide feedback, but we need your help!
Visit our new Startup University website and tell us what you are seeing:
Guest blog post by Dr. Rebecca Blank, Deputy Secretary of CommerceYesterday, I was in California to talk with business executives who are part of the Silicon Valley Leadership Group. We discussed key issues facing them as they continue to grow, create jobs, and drive both innovation and competitiveness here in the U.S.They just completed an annual survey of their own membership.Read More
Cuando un amigo o familiar te pregunta qué haces para ayudar a las pequeñas empresas, ¿qué les dices?
Les digo que soy responsable de fortalecer la presencia de SBA en la comunidad, para que otros puedan realizar sus sueños de independencia económica, de crear empleos y proveer para miles de familias. La SBA tiene una misión extraordinaria que siempre respaldaré.
De todas las cosas que la SBA hace para las pequeñas empresas, ¿cuál es tu favorita?
Start-up accelerator programs are popping up all over the country offering industry-focused programs and support for a variety of business owners. Although traditionally focused on high-tech businesses, accelerators now serve a variety of entrepreneurial needs, including those of women, through programs that facilitate mentoring and education, access to investors, and networking opportunities.
The importance of privately owned businesses plays a significant role in economic development in our Native American communities. That is why SBA provides tools to encourage our Native American entrepreneurs to build sustainable businesses that create jobs and grow economies. I am very excited to announce the Native American Communities Entrepreneurial Empowerment Outreach Training targeted to our American Indian, Alaska Native and Native Hawaiians communities.
Sometimes, the best-laid plans don’t pan out.
Take business ownership, for instance. Think about how many businesses are started and closed in the US every year. Not every business makes it. But, every small business owner wants to make it. Why else would someone risk their money, and commit the time and energy needed to be their own boss?
Working For Yourself
If you run an online or retail business, did you know that you might be prohibited from advertising a manufacturer’s products below a certain minimum price?
Minimum advertised pricing (MAP) policies are particularly critical to manufacturers who sell their products for online resale, given the ease at which consumers can now conduct online and mobile price comparisons. MAP policies are also established to help small businesses compete and sell on service and value, rather than entering into a price war with cost-cutting big box stores.
When a friend or family member asks what you do to help small businesses, what do you say?
I say that I am responsible for reinforcing SBA’s presence in the community, so that others may realize their dreams of financial independence, of starting a business of their own, of creating jobs and providing for thousands of families. The SBA has the most extraordinary mission – one I will always support.
What’s your favorite thing about what the SBA does for small businesses?