Get Summary Of Performance_2010. Pdf - SBA - Sba

USDA's fiscal year 2024 budget request totals $24.46 billion, an increase of $2.5 billion, or 11.5%, over last year's levels.

It defines small business by firm revenue (ranging from $1 million to over $40 million) and by employment (from 100 to over 1,500 employees). For example, ing to the SBA definition, a roofing contractor is defined as a small business if it has annual revenues of $16.5 million or less.

To support this mission, the SBA's total budget request for FY 2022 is $852 million in new budget authority. Of this amount, $293.6 million is for Salaries and Expenses, and $318 million is for Entrepreneurial Development Programs.

Access to capital. SBA provides an array of financing for small businesses. ... Entrepreneurial development. SBA provides free counseling and low-cost training to new entrepreneurs and existing small businesses. ... Government contracting. ... Advocacy.

The FY 2024 budget requests $1.012 billion in discretionary budget authority for GSA programs.

The SBA has requested $1.0BM in total discretionary budget authority for FY 2024, which represents a $100M (-8%) decrease from the FY 2023 enacted level. Funding highlights include: Requests $171.2M in total Contracting Programs (including 8A, HUBZone, Women's and Prime/SubK), which is $24.1M above the FY 2023 level.

Main Street Monday – $58 Billion Budget for SBA Programs in Fiscal Year 2024. “Small businesses are the giants of our economy, and the source of our most innovative and important technological, cultural and social advancements,” says Administrator Isabella Casillas Guzman.

Mission Statement The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns to preserve free competitive enterprise and to maintain and strengthen the overall economy of our Nation.