Evaluation of SBA's Award Procedures for the Coronavirus Aid, Relief, and Economic Security Act Entrepreneurial Development Cooperative Agreements [open pdf - 707KB]
From the Executive Summary: "We evaluated the Small Business Administration's (SBA) handling of economic relief funding to educate, train, and advise small business owners and entrepreneurs on practices necessary to reduce the economic effects of the Coronavirus Disease 2019 (COVID-19) pandemic. The SBA Office of Entrepreneurial Development (OED) oversees a network of centers promoting small business growth through entrepreneurial development, training, and counseling. Within OED, the Office of Small Business Development Centers and the Office of Women's Business Ownership administer two programs that include a nationwide network of Small Business Development Centers (SBDCs) and Women's Business Centers (WBCs). OED also collaborates with America's SBDC and Association of WBCs for many of its entrepreneurial development initiative. [...] Our objective was to determine whether SBA awarded the CARES [Coronavirus Aid, Relief, and Economic Security] Act entrepreneurial development cooperative agreements and grants in accordance with applicable federal laws, regulations, and other guidance."
Small Business Administration, Office of Inspector General, Report No. 21-11