Small Business Administration's Portable Assistance Program

by:

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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