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FEDERALhearing transcript

Overview of SBA Entrepreneurial Development Programs

Original title: SBA'S ENTREPRENEURIAL DEVELOPMENT PROGRAMS

January 1, 2022

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The Frame

What this does

The hearing examines the effectiveness and oversight of federal programs that provide free or low-cost training and counseling to the nation's 30 million small businesses.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Small business owners

These individuals are the primary recipients of the counseling and training services discussed in the hearing.

SBA resource partners

These organizations are responsible for delivering the training and counseling services funded or supported by the SBA.

What changed

Last recorded activity January 1, 2022.

What's next

Next step not available in the current record.

Summary

This document is a transcript from a House Committee on Small Business hearing held on October 6, 2021. The committee reviewed the Small Business Administration's (SBA) entrepreneurial development programs, which provide counseling and training to small business owners through various .

Key Facts

  • The hearing took place on October 6, 2021, via Zoom.
  • Small businesses account for 44 percent of U.S. economic activity and employ nearly half of the private workforce.
  • Small businesses export over $1 trillion in goods annually.
  • The SBA delivers services through resource partners including Small Business Development Centers, Women Business Development Centers, and SCORE.
  • The hearing included a formal statement and Q&A session with Mark Madrid, Associate Administrator of the Office of Entrepreneurial Development.
  • The record includes supplemental materials from the CATO Institute and the Credit Union National Association (CUNA).

Frequently Asked Questions

What is the purpose of the SBA's entrepreneurial development programs?
These programs provide free or low-cost counseling and training services to help entrepreneurs start and grow their businesses.
Who delivers these training services?
The SBA relies on , specifically Small Business Development Centers, Women Business Development Centers, and SCORE.

Why It Matters

The hearing examines the effectiveness and oversight of federal programs that provide free or low-cost training and counseling to the nation's 30 million small businesses.

News Coverage

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Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Hybrid Hearing Format

The document highlights the formalization of hybrid (in-person and remote) congressional hearing procedures in 2021.

Connected Entities

organizationSmall Business AdministrationFederal agency overseeing small business support programsMap →
organizationHouse Committee on Small BusinessCongressional committee conducting the hearingMap →
personNydia VelazquezChairwoman of the House Committee on Small BusinessMap →
personBlaine LuetkemeyerRanking Member of the House Committee on Small BusinessMap →
personMark MadridAssociate Administrator, Office of Entrepreneurial Development at the SBAMap →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance40
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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