Business RESOURCES

Programs & Initiatives for You

SBA Direct

SBA Direct is a new dynamic Web tool that allows users to personalize their experience on SBA.gov. Just by answering a few simple questions about your business, SBA Direct brings the targeted resources you need to start, operate and grow your small business – directly to your desktop.

SBA Direct: http://www.sba.gov/sba-direct/

Tax Breaks and Incentives for Small Businesses

The Administration is committed to providing small businesses support through tax breaks and incentives for investment and growth. To date, the Administration has supported seventeen direct tax breaks for small businesses.

Learn More: www.sba.gov/content/fact-sheet-tax-breaks-small-businesses

Resources You Can Use

Counselors to America’s Small Business(SCORE)

SCOREhas over 11,000 volunteers that bring practical experience to small businesses and to entrepreneurs thinking about starting a new small business. For example, SCORE offers an online service called “Ask SCORE”. This tool allows small business owners to enter a business topic, choose a mentor from a list who best matches the business’s needs, and send him/her questions. The service guarantees a reply within 48 hours. SCORE is a Resource Partner with the SBA.

Home Page: www.score.org

Expanded SBA Loan Sizes

Small Business Administration (SBA) The Small Business Jobs Act increased the maximum 7(a) loan size from $2 million to $5 million and increased the maximum 504 loan size from $2 million to $5 million for regular projects and from $4 million to $5.5 million for manufacturing projects, and increased the maximum microloan size to $50,000. 7(a) loans may be used to establish a new business or to assist in the acquisition, operation, or expansion of an existing business. Proceeds from 504 loans must be used for fixed asset projects and cannot be used for working capital or inventory, consolidating or repaying debt, or refinancing.

Find Loans and Grants: www.sba.gov/financing

Small Business Development Centers (SBDCs)

Small Business Administration (SBA)  SBDCsprovide free or low-cost assistance to small businesses using programs customized to local conditions. There are more than 900 SBDCs with at least one in every state and territory.

Learn More: www.sba.gov/sbdc

Locations: www.asbdc-us.org

Veterans Business Outreach Program (VBOP)

Small Business Administration (SBA)

VBOP is designed to provide entrepreneurial development services such as business training, counseling and mentoring, and referrals for eligible veterans owning or considering starting a small business.

Learn More: www.sba.gov/veterans

Women’s Business Centers (WBCs)

Small Business Administration (SBA)

WBC is a large network throughout the United States, offering women entrepreneurs, especially those that are socially or economically disadvantaged, comprehensive training and counseling to help them start and grow their own business.

Learn More: www.sba.gov/women

rolling basis.

Learn More: www.treasury.gov/osdbu