NAACP Community & Economic Development Cassius Butts, Regional Administrator U.S. Small Business Administration.

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Presentation transcript:

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

Stay Connected in Your Community SBA Mobile App