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NAACP Community & Economic Development Cassius Butts, Regional Administrator U.S. Small Business Administration.

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Presentation on theme: "NAACP Community & Economic Development Cassius Butts, Regional Administrator U.S. Small Business Administration."— Presentation transcript:

1 NAACP Community & Economic Development Cassius Butts, Regional Administrator U.S. Small Business Administration

2 Small Businesses Drive the Economy  ~28 million in U.S.  Account for about half of U.S. private sector payroll  Created ~65% of net new jobs over the past 15 years Source: SBA; Census; BLS

3 The 3 C’s and the D Capital Contracts Counseling And the D- Disaster Assistance

4 Capital Best times in SBA lending In the U.S.- Nearly 70,000 loans worth more than $30 billion in FY 2011 and it isn’t slowing down In SBA Region 6 (Texas, Oklahoma, Louisiana, Arkansas, New Mexico), nearly $3 billion in SBA Loans in FY 2011

5 Contracting Largest purchaser of goods and services in the world Small businesses receive at least 23% of federal contracts Nearly $100 billion each year SBA’s 8(a) Business Development Program

6 Counseling 900 Small Business Development Centers 110 Women’s Business Centers 12,000 participants in SBA’s SCORE Network

7 Stay Connected in Your Community SBA Mobile App


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