SBA Turns 50

The U.S. Small Business Administration reached the 50 year milestone. During the last 50 years, the SBA has:

1,182,707 direct and guaranteed 7(a), 504 loans and microloans, totaling $193.11 billion

136,001 financings of venture capital for $39.8 billion to approximately 96,050 small businesses since the beginning of the Small Business Investment Company program in 1958

10,091,246 Small Business Development Center clients counseled and trained since the program started from a pilot at eight universities in 1977. Today there are more than 1,100 SBDCs throughout the country

Visit 50th Anniversary Celebration and the National Entrepreneurial Conference and Expo for more information.