Small Business Administration's Portable Assistance Program

by: TopGovernmentGrants Editorial Staff

The Small Business Administration, otherwise known as SBA, is an independent agency of the United States government that is primarily responsible for providing consistent support to the country's entrepreneurs and small businesses.

The efforts of the SBA are guided by their overall agency mission which is to "to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters."

In line with this mission, the Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.

Under this program, eligible applicants are encouraged to submit proposals that seek to design and develop innovations and services that have the potential to address the issues regarding small business assistance in areas suffering from job loss and other related economic upheaval, all of which resulting from a major natural disaster.

The SBA is also looking to form partnerships and encourage collaborative efforts from community, regional, statewide, industry sectors.

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Small Business Administration's Portable Assistance Program
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Additional Resources

category - Small Business Grants

Small Business Grants - Support for Veterans
The SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.

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Minority Business Enterprise Centers for Minority-Owned Businesses
The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.

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Small Business Administration's Loan Guarantees Program
The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.

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Small Business Administration Background
The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.

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