ABSTRACT

Small Business Management and Technical Assistance Training Programs [February 24, 2015]   [open pdf - 509KB]

"The Small Business Administration (SBA) has provided technical and managerial assistance to small businesses since it began operations in 1953. Initially, the SBA provided its own small business management and technical assistance training programs. Over time, the SBA has relied increasingly on third parties to provide that training. Congressional interest in the SBA's management and technical assistance training programs has increased in recent years, primarily because these programs are viewed as a means to assist small businesses create and retain jobs. The SBA will spend $198.6 million on these programs in FY2015. These programs fund about '14,000 resource partners,' including 63 lead small business development centers (SBDCs) and more than 900 SBDC local outreach locations, 106 women's business centers (WBCs), and 320 chapters of the mentoring program, SCORE [Service Corps of Retired Executives]. The SBA reports that more than 1 million aspiring entrepreneurs and small business owners receive training from an SBA-supported resource partner each year. The SBA argues that these programs contribute 'to the long-term success of these businesses and their ability to grow and create jobs.' The Department of Commerce also provides management and technical assistance training for small businesses. For example, its Minority Business Development Agency provides training to minority business owners to assist them in obtaining contracts and financial awards."

Report Number:
CRS Report for Congress, R41352
Author:
Publisher:
Date:
2015-02-24
Copyright:
Public Domain
Retrieved From:
Via E-mail
Format:
pdf
Media Type:
application/pdf
URL:
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