Small business (51 - 60 of 113 items)
Small Business Administration: Response to September 11 Victims and Performance Measures for Disaster Lending
GAO-03-385: Published: Jan 29, 2003. Publicly Released: Jan 29, 2003.
The September 11 terrorist attacks and subsequent federal action had a substantial impact on businesses in both the declared disaster areas and around the nation. In the aftermath of the attacks, the Congress, among other actions, appropriated emergency supplemental funds to the Small Business Administration (SBA) to aid September 11 victims. Given the uniqueness of this disaster and changes in th...
Small Business Administration: Progress Made but Improvements Needed in Lender Oversight
GAO-03-90: Published: Dec 9, 2002. Publicly Released: Jan 6, 2003.
The Small Business Administration (SBA) has increased its reliance on private lenders to provide small businesses with access to credit. The 7(a) program is SBA's largest business loan program, and SBA has established a preferred lender program (PLP) in which eligible lenders make 7(a) loans without prior SBA approval. SBA guaranteed $9.9 billion in 7(a) loans in 2001. Because lenders are exercisi...
Small Business: HUBZone Program Suffers From Reporting and Implementation Difficulties
GAO-02-57: Published: Oct 26, 2001. Publicly Released: Nov 27, 2001.
Congress created the Historically Underutilized Business Zone (HUBZone) program to stimulate economic development and create jobs in distressed urban and rural areas. To achieve these goals, the HUBZone program provides small businesses with greater access to federal contracting opportunities. Reported HUBZone program achievements for fiscal year 2000 were inaccurate because of data entry errors a...
Small Business: More Transparency Needed in Prime Contract Goal Program
GAO-01-551: Published: Aug 1, 2001. Publicly Released: Sep 4, 2001.
The Small Business Reauthorization Act of 1997 directed the President to set a goal of awarding not less than 23 percent of the federal government's prime contracting dollars to small business for each fiscal year. The Small Business Administration (SBA) is charged with working with federal agencies to ensure that agency goals, in the aggregate, meet or exceed the overall goal. To help SBA determi...
Small Business Administration: Status of Achieving Key Outcomes and Addressing Major Management Challenges
GAO-01-792: Published: Jun 22, 2001. Publicly Released: Jul 23, 2001.
This report reviews the Small Business Administration's (SBA) fiscal year 2000 performance report and fiscal year 2002 performance plan required by the Government Performance and Results Act of 1993 to assess SBA's progress in achieving selected key outcomes that are important to its mission. SBA's reported progress in achieving its outcomes is mixed. However, GAO had difficulty assessing SBA's pr...
Contract Management: Benefits of the DOD Mentor-Protege Program Are Not Conclusive
GAO-01-767: Published: Jul 19, 2001. Publicly Released: Jul 19, 2001.
Congress authorized the Pilot Mentor Protege Program to boost the participation of small disadvantaged businesses as subcontractors and suppliers under Department of Defense (DOD) contracts. The program provides incentives for major defense contractors (mentors) to assist small disadvantaged businesses (proteges) in strengthening their ability to compete for work. However, DOD has been criticized...
Observations on the Small Business Administration's Fiscal Year 1999 Performance Report and Fiscal Year 2001 Performance Plan
RCED-00-207R: Published: Jun 30, 2000. Publicly Released: Aug 1, 2000.
Pursuant to a congressional request, GAO reviewed the Small Business Administration's (SBA) fiscal year (FY) 1999 performance reports and FY 2001 performance plan required by the Government Performance and Results Act (GPRA).GAO noted that: (1) overall, SBA's FY 1999 report showed mixed results in meeting the agency's goals for the three key outcomes; (2) SBA's FY 2001 plan discusses the 10 manage...
Small Business: SBA Could Better Focus Its 8(a) Program to Help Firms Obtain Contracts
RCED-00-196: Published: Jul 20, 2000. Publicly Released: Jul 20, 2000.
Pursuant to a congressional request, GAO reviewed the Small Business Administration's (SBA) 8(a) program's progress in developing small businesses that are owned by socially and economically disadvantaged individuals, focusing on: (1) the extent to which firms are obtaining federal contracts; (2) how SBA tracks the training and assistance provided to firms; and (3) how firms view the program.GAO n...
Small Business: Expectations of Firms in SBA's 8(a) Program Are Not Being Met
T-RCED-00-261: Published: Jul 20, 2000. Publicly Released: Jul 20, 2000.
Pursuant to a congressional request, GAO discussed the Small Business Administration's (SBA) 8(a) program.GAO noted that: (1) SBA's efforts are not aligned with the needs or expectations of 8(a) firms; (2) SBA has never surveyed its customer--the 8(a) firms--in a meaningful way to determine what experience they have or what their needs are; (3) GAO surveyed 1,200 firms participating in the 8(a) pr...
Small Business Administration: 7(a) Program's General Characteristics and Summary of Issues
RCED-00-158R: Published: May 26, 2000. Publicly Released: May 26, 2000.
Pursuant to a congressional request, GAO reviewed the Small Business Administration's (SBA) 7(a) General Business Loan Program, focusing on: (1) the general characteristics of the 7(a) program, including how the program operates; (2) certain issues, such as the lack of coordinated lender oversight, that have been identified in recent studies and reports on the program; and (3) how SBA has responde...