NAACP Community & Economic Development Cassius Butts, Regional Administrator U.S. Small Business Administration
Small Businesses Drive the Economy ~28 million in U.S. Account for about half of U.S. private sector payroll Created ~65% of net new jobs over the past 15 years Source: SBA; Census; BLS
The 3 C’s and the D Capital Contracts Counseling And the D- Disaster Assistance
Capital Best times in SBA lending In the U.S.- Nearly 70,000 loans worth more than $30 billion in FY 2011 and it isn’t slowing down In SBA Region 6 (Texas, Oklahoma, Louisiana, Arkansas, New Mexico), nearly $3 billion in SBA Loans in FY 2011
Contracting Largest purchaser of goods and services in the world Small businesses receive at least 23% of federal contracts Nearly $100 billion each year SBA’s 8(a) Business Development Program
Counseling 900 Small Business Development Centers 110 Women’s Business Centers 12,000 participants in SBA’s SCORE Network
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