Description
The Small Business Administration (SBA) is a federal department that manages money set-aside in the federal spending budget. The budget is a way to stimulate the economy through the growth of small businesses by purchasing products and services from compliant small businesses. The SBA grows small businesses because small businesses are the backbone of the American economy. The SBA has different business stimulus programs such as:
- 8(a) Business Development program
- HUBZone program
- Women-Owned Small Business program
- Service-Disabled Veteran-Owned Small Business program
