U.S. Small Business Administration Office of Native American Affairs Advisor to Assistant Administrator: Nathan Segal Nathan.Segal@sba.gov / (202) 401-1580
Overview The Office of Native American Affairs SBA Organization SBA s 3 Cs (Capital, Contracting, Counseling) Working with your Local SBA Office
Purpose of Office of Native American Affairs (ONAA) Ensures access to SBA tools, products, and services for American Indian, Alaska Natives, and Native Hawaiians Advises agency-wide on policies impacting AI/AN/NH community Conducts Tribal Consultation Developed the Agency s first American Indian and Alaska Native Policy and Tribal Consultation Plan SBA takes government to government dialogue extremely seriously Serves as officer on record for Tribal Consultation Exec. Order 13175 adherence
ONAA Native American Entrepreneurial Empowerment Native American Emerging Leaders or E200 Advanced Executive MBA-type training of native business owners / managers to improve success and growth Over 200 Native American Businesses have graduated Rebuilding Native Nations: Economic Development Course for Tribal Colleges Native Communities Entrepreneurial Empowerment Outreach Native American Veterans Outreach Initiative Native American Small Business Primer
ONAA Growing Economies In Indian Country ONAA, CDFI Fund/Treasury, DOI/OIEED, USDA/Rural Development, Commerce, and the Federal Reserve System co-sponsored 12 workshops Uniform Commercial Codes: Bringing Business to Indian Country
Online Learning Center
Overview of SBA Office of Capital Access Lending and Bonding Office of Government Contracting and Business Development Set-Asides (HubZone and 8(a)) Office of Entrepreneurial Development Education, Outreach & Technical Assistance (SBDCs, WBCs, SCORE) Office of Field Operations District Offices (68 total) Office of Veterans Business Development Education, Outreach & Technical Assistance Office of International Trade State Trade and Export Promotion U.S. Export Assistance Program Take Your Business Global (Online tool) Office of Technology Small Business Technology Transfer Program GREEN.SBA.GOV
The Three Cs: 3 Cs Capital Loan Guarantees, Surety Bonds Contracting Government set aside monitoring Certification Counseling / Training District Offices Lender training Business Development Partners SBDCs (Small Business Development Centers) VBOCs (Veterans Business Opportunity Centers) WBCs (Women Business Centers) SCORE
Access to Capital Standard 7(a) loan Maximum Loan Amount: $5 Million Percent of Guaranty: 85% less then $150,000 75% more then $150,000 Interest Rate: Variable Community Advantage (CDFIs, CDCs or Microlenders) Max Loan $350,000 Percent of Guaranty: 85% less then $150,000 75% more then $150,000 Microloan Program $750,000 Loan to Financial institution @ 1% 15% non-federal Match 504 Program long-term financing tool, designed to encourage economic development within a community. The 504 Program accomplishes this by providing small businesses with long-term, fixed-rate financing to acquire major fixed assets for expansion or modernization. 2013: SBA provided $120,000,000 in lending to Native American Businesses
Access to Federal Contracting U.S. is the largest purchaser of goods in the world At least 23% of all prime government contracts are intended to go to small businesses $10.3 Billion awarded to Tribal, ANC, and NH firms Contracts awarded through the 8(a) program in 2013 Over 300 Tribal, ANC, and NH firms in 8(a) program
Government-wide Contracting Goals Women-owned firms (5%) Small disadvantaged firms (5%) HUBZone firms (3%) Service Disabled Veteran-owned firms (3%)
Government Contracting Classroom
Access to Counseling Regional / District Workshops for 8(a) and HUBZone certification SCORE Women s Business Centers Small Business Development Centers Minority Business Development Centers 2013: SBA Counseled of 15,000 Native American Businesses
Primary Resource Working with your Local SBA Office
BICs SBDCs USEACs WBOs SCORE Region 1 Boston 12 94 1 11 29 Small Business Administration Program Offices Region 2 New York 4 72 1 8 32 Region 3 Philadelphia 5 77 2 10 46 Region 4 Atlanta 7 143 3 12 68 Region 5 Chicago 3 220 4 18 63 Region 6 Dallas 6 113 2 16 36 Region 7 Kansas City 2 54 1 5 41 Region 8 Denver 11 74 1 8 24 Region 9 San Francisco 6 84 3 8 32 Region 10 Seattle 8 71 2 5 16 Total 65 1001 20 101 387
SBA District Offices
BusinessUSA: business.usa.gov
BusinessUSA: business.usa.gov
Questions? Contact: Nathan.Segal@sba.gov (202) 401-1580