Administrator McMahon Launches Two-Year SBA Ignite Tour Across the Nation
The SBA Ignite Tour is a listening tour where Administrator McMahon will travel to the 68 SBA district offices and meet with local small business owners to hear their experiences and concerns. This provides an opportunity to not only spread the word about SBA, but provides the Administrator with real issues that she can bring back to Washington as she continues her main role as America’s small business advocate.
Administrator McMahon has been finding that the general public tends to think of SBA as primarily loan-driven, rather than understanding the full breadth and scope of its full business assistance programs. The Administrator is planning to increase public awareness of the agency and its offerings with an updated brand and marketing plan to better reflect today’s entrepreneurs, due to be introduced by Small Business Week in April 2018.
Improved online resources for small business owners
Administrator McMahon is focused on creating an efficient and effective SBA that is responsive to the needs of today’s busy entrepreneurs. Two good examples of improved services are the expanded online HUBZone map and Lender Match. The new online HUBZone map helps small businesses in urban and rural communities determine if they are eligible for participation in HUBZone’s program. Lender Match is an online referral tool to connect small businesses in need of small business funding with participating SBA lenders. It was recently updated to create a more user-friendly experience.
Administrator McMahon with Michigan County Commissioners at the White House | August 8 (Official White House Photo by Andrea Hanks)
Today, Administrator McMahon will meet with President Trump in Bedminster, NJ. Later this month, the Administrator will travel to Idaho and Colorado as part of the Small Business Administration's National Ignite Tour.