The Colorado District Office is recruiting for the Emerging Leaders Initiative Class of 2013
SBA’s Emerging Leaders Initiative is the only federal training initiative that specifically focuses on executives of established businesses, currently poised for growth, from communities across the country and provides them the organizational framework, resource network, and motivation required to build a sustainable business of size and scale. SBA’s continued outreach in historically challenged areas has resulted in entrepreneurial success that generates new jobs, attracts investment, and provides a more sustainable economic base in distressed areas.
Win up to $10,000 with SBA's Export Video Contest!
The U.S. Small Business Administration and Visa U.S.A. are cosponsoring a video contest that seeks to inform small businesses about the advantages of exporting and increase awareness of government assistance available to support small business exporters. We are looking for creative videos from small businesses that show how they became successful exporters. Videos must highlight the small business’ best accounting practices that help ensure prompt payments from customers and at least one of the following: important lessons learned; factors that influenced the decision to become an exporter; advice for small businesses considering exporting; or a favorite exporting story.
Learn more now!
SBA has proposed to revise OCA regulations for the 504 and 7(a) loan programs. The goal of these regulation changes is to expand the accessibility of SBA loan programs, to streamline the loan application process and to ensure program integrity through effective, proper oversight.
The SBA proposed rule resulted from extensive consultations with lenders and borrowers to identify the greatest challenges they face and find ways to reduce those barriers and make loans more accessible while reducing waste, fraud and abuse.
Among the proposed changes are:
• Eliminating the personal resource test
• Revising the rule on affiliation
• Eliminating the nine-month rule for the 504 loan program
• Increasing accountability of the CDCs’ Board of Directors
• Removing unnecessary CDC operational requirements,
• Other provisions to refocus CDC operational and
For more information, click here.
We have been notified that small business owners are receiving a call from the number 889-777-1117, which is a company claiming to be with the State of Colorado Small Business Development.
This group is asking companies if they are moving, are persistent and rude. We have learned that this group is selling small business information to realtors, office supply companies etc.
Please be aware that if you receive any calls similar to the description above, they are not connected to the State of Colorado SBDC Network.
Thank you and please forward this message to help keep other small businesses up to date and on alert!
The Colorado Small Business Development Center Network
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