Small business (41 - 50 of 113 items)
Federal Advertising: Established Programs Were Largely Used to Address Executive Order Directive to Ensure Small and Minority-Owned Business Participation
GAO-07-877: Published: Jul 12, 2007. Publicly Released: Aug 13, 2007.
In 2005, federal spending on advertising exceeded $1 billion. Five agencies--DOD, Treasury, HHS, Interior, and NASA--together made up over 90 percent of this spending from 2001 to 2005. Executive Order 13170, signed in October 2000, directs agencies to take an aggressive role in ensuring substantial participation in federal advertising contracts by businesses in the Small Business Administration's...
Small Business Administration: Additional Measures Needed to Assess 7(a) Loan Program's Performance
GAO-07-769: Published: Jul 13, 2007. Publicly Released: Aug 13, 2007.
The Small Business Administration's (SBA) 7(a) program, initially established in 1953, provides loan guarantees to small businesses that cannot obtain credit in the conventional lending market. In fiscal year 2006, the program assisted more than 80,000 businesses with loan guarantees of nearly $14 billion. This report examines (1) the program's purpose, based on its legislative history, and perfor...
Contract Management: Proteges Value DOD's Mentor-Protege Program, but Annual Reporting to Congress Needs Improvement
GAO-07-151: Published: Jan 31, 2007. Publicly Released: Jan 31, 2007.
Congress authorized the Mentor-Protege Program to boost the participation of small disadvantaged businesses as subcontractors and suppliers under Department of Defense (DOD) and other contracts. The program provides incentives to major defense contractors (mentors) to help small disadvantaged businesses (proteges) strengthen their ability to compete for contracts. GAO administered a Web-based surv...
Small Business Innovation Research: Agencies Need to Strengthen Efforts to Improve the Completeness, Consistency, and Accuracy of Awards Data
GAO-07-38: Published: Oct 19, 2006. Publicly Released: Nov 20, 2006.
The Small Business Innovation Research (SBIR) program was created to increase the use of small businesses to meet federal research needs and commercialize the results of this research. To monitor the program, the Small Business Administration (SBA) requires participating agencies to provide, in a standard format, specific data on all SBIR awards they make. SBA then compiles these data into a datab...
Small Business Administration: Actions Needed to Provide More Timely Disaster Assistance
GAO-06-860: Published: Jul 28, 2006. Publicly Released: Jul 28, 2006.
Hurricanes Katrina, Rita, and Wilma (the Gulf Coast hurricanes) caused more than $118 billion in estimated property damages across the Gulf Coast region in 2005. The Small Business Administration (SBA) helps individuals and businesses recover from disasters through its Disaster Loan Program. GAO initiated work to determine how well SBA provided victims of the Gulf Coast hurricanes with timely assi...
DOE Contracting: Improved Program Management Could Help Achieve Small Business Goal
GAO-06-501: Published: Apr 7, 2006. Publicly Released: Apr 7, 2006.
Federal policy requires that small businesses receive the maximum practicable opportunity for providing goods and services to federal agencies through prime contracts--direct contracts between the government and a contractor. The Department of Energy (DOE) buys more than $20 billion in goods and services annually. GAO was asked to (1) discuss DOE's key efforts to increase small business prime cont...
Federal Research: Observations on the Small Business Innovation Research Program
GAO-05-861T: Published: Jun 28, 2005. Publicly Released: Jun 28, 2005.
Since it was established in 1982, GAO has consistently reported on the success of the Small Business Innovation Research (SBIR) program in benefiting small, innovative companies, strengthening their role in federal research and development (R&D), and helping federal agencies achieve their R&D goals. However, through these reviews GAO has also identified areas where action by participating agencies...
Contract Management: DOD Needs Measures for Small Business Subcontracting Program and Better Data on Foreign Subcontracts
GAO-04-381: Published: Apr 5, 2004. Publicly Released: May 6, 2004.
More small businesses are turning to subcontracting as a way to participate in the federal government's $250 billion procurement program. DOD, accounting for about two-thirds of federal procurements, has a critical role in providing opportunities to small businesses through subcontracting programs such as the Test Program for Negotiation of Comprehensive Small Business Subcontracting Plans (Test P...
Small Business Administration: Model for 7(a) Program Subsidy Had Reasonable Equations, but Inadequate Documentation Hampered External Reviews
GAO-04-9: Published: Mar 31, 2004. Publicly Released: Mar 31, 2004.
The Small Business Administration (SBA) approved about $8.6 billion in loan guarantees through its 7(a) loan program in fiscal year 2003. SBA must estimate the subsidy cost of this program. Since fiscal year 2003, SBA has been using econometric modeling to estimate the subsidy. This report reviews SBA's estimation methodology and equations, assesses the default and recovery rates the model produce...
Small Business Administration: Observations on the Disaster Loan Program
GAO-03-721T: Published: May 1, 2003. Publicly Released: May 1, 2003.
This testimony discusses the role of the Small Business Administration's (SBA) Disaster Loan Program in responding to the September 11, 2001, terrorist attacks, general performance measures for the program, and the effects of SBA's program to sell loans to private investors on disaster loans and their borrowers. In reviewing SBA's loan sales program, which includes disaster loans, we identified th...