U.S. Small Business Administration

Helping Small Business:

Start, Grow and Succeed

1

U.S. Small Business Administration

65% net new jobs

Drivers of innovation

Key to long-term growth

2

Capital

Nationwide: $30B

Pacific NW: $1B

3

Foothills Family Medicine

Increasing demand

7(a) Express Loan

Double patients seen

4

Contracts

Nationwide: $88B

Pacific NW: $2B

5

Performance Systems

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10 employees, 1 location

8(a) certified firm

100 employees, 3 locations

Counseling

Nationwide: 1M entrepreneurs

Pacific NW: 21,000

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Affordable Care Act

Healthcare Tax Credits

Purchasing Exchanges

HealthCare.Gov

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Sleaddventures

SBDC counseling

9 employees

2,000 locations

9

Positive Job Growth

40 months positive job growth

7.2M private sector jobs

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America Can

Out Innovate

Out Build

Out Compete

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Out Innovate

SBIR & STTR

Small business R&D role

Highly competitive program

Profit from commercialization

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SBIR

Agriculture

Defense

Energy

Health and Human Services

Transportation

Homeland Security

EPA

NASA

National Science Foundation

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STTR

Partner with research institutions

Entrepreneurial skills to high-tech research

Technologies from laboratory to marketplace

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Cumulative Effect

Four times as many jobs

Four times more revenue

$2B grants nationwide

$125M Pacific NW

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Chena Hot Springs

$100K SBIR Award

Harness geothermal power

Empower rural communities

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Out Build

Clusters/Manufacturing/504 Loans

Leverage existing opportunities

Jump start growth to greater profitability

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Clusters

Fostering support network

Grow particular industry or related set of industries

Targeted training, counseling and mentoring

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SBA Cluster Initiative – Unique Solution

10 economic Clusters:

3 Defense Technology Clusters

7 Innovation Clusters

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Innovations in Advanced Materials$2M grant

Columbia River Economic Dev Council

Impact Washington

SW Washington Workforce Dev Council

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504 Loan Program

Long-term, fixed-rate financing

250 CDC’s nationwide

Job creation and retention

21

Precision Iron Works, Inc.

504 loan

Small structures to multi-million dollar projects

20,000 square foot fabrication facility

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Out Compete

NEI/Loans

Double exports by 2014

5,500 U.S. companies

85% small and medium-sized businesses

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Out Compete

New trade agreements

96% population, 2/3rds

purchasing power

Ideal location

24

SBA Export Loans

$1.7B in export loans nationwide

$71M across the Pacific NW

25

Seattle Safety

Exports to: Japan, South Korea, Taiwan, France, Italy

New customers: Germany and China

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Together We Can

Out Innovate

Out Build

Out Compete

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