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Small business assistance (51 - 60 of 77 items)
The Small Business Administration's Economic Opportunity Loan Program
116828: Oct 27, 1981
GAO reviewed the Small Business Administration's (SBA) Economic Opportunity Loan Program. At the time of the review, the Program was one of several SBA programs to help socially or economically disadvantaged people create and develop small businesses. Established with a difficult mission, the Program funded businesses that could not get assistance from other SBA programs or from the private sector...
SBA's 7(j) Management Assistance Program--Changes Needed To Improve Efficiency and Effectiveness
CED-81-149: Published: Sep 29, 1981. Publicly Released: Sep 29, 1981.
The 7(j) Management Assistance Program is part of a Small Business Administration (SBA) effort to help socially and economically disadvantaged people create and maintain small businesses by improving their technical and management skills. In 10 years, funds allocated to the program have risen from about $1 million to about $10 million, and the number of small business owners served has grown from...
SBA's Progress in Implementing the Public Law 95-507 Surety Bond Waiver Provision and the 8(a) Pilot Program
116389: Sep 22, 1981
The Small Business Administration (SBA) has published proposed rules and regulations for surety bond waivers. The surety bond waiver provision called for a 2-year pilot effort to help certain small businesses obtain contracts even if they could not obtain the necessary bonding. For a qualified small business, SBA has the authority to waive any amount of any bond otherwise required on any governmen...
The Small Business Administration's 8(a) Pilot Program
116444: Sep 21, 1981
GAO commented on a bill that would extend the Small Business Administration's (SBA) 8(a) Pilot Program for an additional 18 months. In an earlier testimony, GAO pointed out that the program had not been successful, and it concluded that the success of the program depended on the ability of SBA to have information available on the qualifications of 8(a) firms. SBA needs to know enough about procure...
SBA's Progress in Implementing the Public Law 95-507 Subcontracting and Surety Bond Waiver Provisions Has Been Limited
CED-81-151: Published: Sep 18, 1981. Publicly Released: Sep 18, 1981.
GAO reviewed actions taken by the Small Business Administration (SBA) and the Presidential Advisory Committee to promote subcontracting as a means of developing small and small minority businesses and the SBA implementation of the surety bond waiver provision of Public Law 95-507.SBA and the Presidential Advisory Committee have not fully implemented the subcontracting provision of Public Law 95-50...
Better Management of Collateral Can Reduce Losses in SBA's Major Loan Program
CED-81-123: Published: Jul 17, 1981. Publicly Released: Jul 17, 1981.
The 7(a) loan program of the Small Business Administration (SBA) makes or guarantees loans to small businesses that are unable to obtain financial assistance from other sources such as private lending institutions. In recent years, the 7(a) program has experienced increasing losses. As of April 1981, 14.4 percent of the outstanding loans were delinquent or in liquidation. As loans face possible li...
SBA Franchise Loans: Risk of Loss Can Be Reduced and Program Effectiveness Improved
115255: May 19, 1981
GAO reviewed 92 loans in 10 of the Small Business Administration's (SBA) field offices. Seventy-eight of the loans were guaranteed and 14 were direct loans, most of which were made to automobile dealers, gasoline stations, and fast food franchises. The SBA risk of loss or share of the outstanding franchise loan balances totaled about $548 million. SBA unnecessarily bore most of the risk on these l...
Need To Determine Whether Existing Federal Programs Can Meet the Needs of Women Entrepreneurs
CED-81-90: Published: Apr 30, 1981. Publicly Released: Apr 30, 1981.
GAO reviewed the actions taken by the Small Business Administration (SBA) and the Interagency Committee on Women's Business Enterprise to promote women entrepreneurs and to suggest ways to improve such activities.The SBA and the Interagency Committee have not given enough attention to using existing SBA and other Federal resources to meet the needs of women entrepreneurs. Their attention has been...
The SBA 8(a) Procurement Program--A Promise Unfulfilled
CED-81-55: Published: Apr 8, 1981. Publicly Released: Apr 8, 1981.
The 8(a) Procurement Program of the Small Business Administration (SBA) is designed to channel noncompetitive federal contracts to disadvantaged small businesses to help them to become self-sufficient. The program also provides management, technical, marketing, and financial aid. A review was made of the program's implementation.The program has had some benefits: the formation of many disadvantage...
The Overseas Private Investment Corporation: Its Role in Development and Trade
ID-81-21: Published: Feb 27, 1981. Publicly Released: Mar 6, 1981.
The Overseas Private Investment Corporation (OPIC) was created to mobilize and facilitate the participation of U.S. private capital and skills in the economic and social development of less developed friendly countries. GAO was asked to review OPIC to determine the developmental impact of OPIC-supported investments, the effects of these investments on the U.S. economy, and the participation of sma...