Search results
Results from the WOW.Com Content Network
The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...
The Small Business Committee has oversight and legislative jurisdiction over the Small Business Administration and its programs, as well as provides assistance to and protection of small business, including financial aid and the participation of small business enterprises in federal procurement and government contracts.
In July, the SBA announced that in fiscal 2022 the federal government had awarded $163 billion in contracts to small businesses, making up over a quarter of all the money spent on government ...
S. Res. 58 stipulated that beginning with the 95th Congress, the Small Business Committee would be granted jurisdiction over all legislation relating to the Small Business Administration. This ability was granted S. Res. 104, agreed to on April 29, 1976, provided for this new jurisdiction, granting not only authority over small business ...
She shared that the government allocated $178 billion to small businesses in 2023, with contracts going to diverse industries such as marketing, construction, leasing, janitorial services, and ...
The Fiscal Responsibility Act of 2023, passed in June 2023, resolved that year's debt-ceiling crisis and set spending caps for FY2024 and FY2025. The act called for $895 billion in defense spending and $711 billion in non-defense discretionary spending for fiscal year 2025, representing a 1% increase over fiscal year 2024. [10]
People protest against a funding freeze of federal grants and loans following a push from President Donald Trump to pause federal funding near to the White House in Washington, Tuesday, Jan. 28, 2025.
The Small Business Innovation Research (or SBIR) program is a U.S. government funding program, coordinated by the Small Business Administration, intended to help certain small businesses conduct research and development (R&D). Funding takes the form of contracts or grants.