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  2. 1953
    • According to 3 sources
    SBA was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns; preserve free competitive enterprise; and maintain and strengthen the overall economy of our nation.
    The Small Business Administration (SBA) provides support to prospective entrepreneurs, new start-up businesses, and existing small businesses through a variety of programs and with partner organizations. The SBA was established in 1953 by the Small Business Act.
    When, following the suggestion of President Eisenhower, congress passed the Small Business Act and created the U.S. small Business Administration (SBA) in 1953, its stated mission was to “aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns,” and also ensure small businesses a “fair proportion” of government contracts.
     
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    What is the Small Business Administration (SBA)?The Small Business Administration (SBA) is a U.S. government agency that provides assistance to small business owners. It has a series of tools available for new and existing entrepreneurs.
    When did the Small Business Administration become a government agency?All functions are transferred to the Department of the Treasury. 1953: President Dwight Eisenhower signs the Small Business Act into law on July 30, creating a new agency, the U.S. Small Business Administration (SBA). SBA’s mission is to "aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns."
    Why was the Small Business Administration created?The Small Business Administration (SBA) was founded under the 1953 Small Business Act to “aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns.” SBA’s creation was largely a response to the pressures of the Great Depression and World War II.
    When was SBA created?Congress created SBA with the Small Business Act of July 30, 1953. It is periodically amended by Congress. This act provides ways to invest in small business investment companies and certified development companies. Standard operating procedures provide detailed rules for how certain activities are performed.
     
  4. Organization | U.S. Small Business Administration

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  11. United States. Small Business Administration | Encyclopedia.com

  12. Small Business Administration | Performance.gov

    WEBWhen, following the suggestion of President Eisenhower, congress passed the Small Business Act and created the U.S. small Business Administration (SBA) in 1953, its stated mission was to “aid, counsel, …

  13. BUS305: Small Business in US History | Saylor Academy

  14. Small Business Act (United States) - Wikipedia

  15. A History of Small Business in America | Department of History

  16. The SBA: 70 Years Of Helping Small Businesses Thrive - Forbes

  17. The History of Small Business in the United States - ThoughtCo

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