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Economic development (51 - 60 of 61 items)
The Small Business Administration's 8(a) Pilot Program
114222: Jan 23, 1981
The Small Business Administration (SBA) has the authority to enter into procurement contracts with federal agencies for the purpose of subcontracting to small businesses to help them achieve a competitive position in the marketplace. A special pilot contracting program between the Army and SBA was created. In the regular 8(a) program, agencies volunteer these contracts. In the pilot program, SBA h...
Most Borrowers of Economic Opportunity Loans Have Not Succeeded in Business
CED-81-3: Published: Dec 8, 1980. Publicly Released: Dec 8, 1980.
The Small Business Administration (SBA) Economic Opportunity Loan Program (EOL) has been a means for sustained economic progress for relatively few borrowers. The program originated with the Economic Opportunity Act as a part of the war on poverty. Today, it is part of a larger SBA effort involving several programs to help socially and/or economically disadvantaged people create and maintain small...
Small Business Administration Franchise Loans: Risk of Loss Can Be Reduced and Program Effectiveness Improved
CED-80-47: Published: Apr 11, 1980. Publicly Released: Oct 27, 1980.
A review was undertaken of the Small Business Administration's (SBA) franchise loan policies and practices. As of April 1979, SBA had made or guaranteed about 16,400 loans totaling about $1 billion to franchise businesses. However, as of September 1978, the risk of loss by SBA on franchise loans was about $548 million. Moreover, most of SBA franchise business loans have been made under its princip...
Small Business Administration's Surety Bond Guarantee Program
112675: Jun 30, 1980
The Small Business Administration's (SBA) Surety Bond Guarantee Program was reviewed. Under the Surety Bond Guarantee Program, SBA guarantees 80 to 90 percent of a surety company's losses on bonds executed for small businesses which can be reasonably expected to perform as required by a contract and which cannot obtain bonding without the guarantee. Surety companies pay SBA 20 percent of the bond...
The Surety Bond Guarantee Program: Significant Changes Are Needed in its Management
CED-80-34: Published: Dec 27, 1979. Publicly Released: Feb 11, 1980.
The Surety Bond Guarantee Program of the Small Business Administration (SBA) was established to guarantee up to 90 percent of a surety company's losses on bonds issued to small businesses which could not obtain bonding without the guarantee. From its inception in 1971, the program guaranteed more than 91,000 contracts totaling $6.3 billion. GAO evaluated the management of the program.SBA has not m...
SBA's Small Business Development Center Program
110447: Sep 25, 1979
The Small Business Development Center (SBDC) Program, administered by the Small Business Administration (SBA), is designed to provide management and technical assistance to small business concerns through locally available, expert resources to help small businesses with diverse business problems. These services are to be provided through an extensive delivery system primarily utilizing the resourc...
Selected Operations of Three Small Business Development Centers
CED-79-113: Published: Jul 24, 1979. Publicly Released: Aug 23, 1979.
An examination was made of certain operations of the Small Business Administration (SBA) program for Small Business Development Centers (SBDCs). Although the SBDCs are using SBA funds for program purposes, only 20 to 30 percent of expenditures examined at two of the three operations were used for direct services to clients. Client responses to a questionnaire tended to be in favor of the program,...
H.R. 11445, a Bill Proposing To Amend the Small Business Act
B-85909: Published: Aug 17, 1978. Publicly Released: Aug 17, 1978.
No summary is currently available...
Comments on the Proposed Small Business and Capital Ownership Development Act
CED-8-438: Published: Jul 14, 1978. Publicly Released: Jul 14, 1978.
No summary is currently available...
The Small Business Administration's 8(a) Procurement Program
102964: Jul 8, 1977
The Small Business Administration (SBA) uses its 8(a) procurement program to assist disadvantaged small businessmen by entering into procurement contracts with federal agencies and subcontracting the work to these businessmen. Through sponsorship arrangements, SBA encourages nondisadvantaged businesses (sponsors) to provide management services, training, and capital to disadvantaged small business...