New Jersey District Office
SBA New Jersey
America’s Small Business Resource
James A. Kocsi, District Director
U.S. Small Business Administration
Create Jobs in NJ
New Jersey District Office
Two Gateway Center -15th Floor
Newark, NJ 07102
Tel: (973) 645-2434
Fax: (973) 645-6265 Loan programs from the U.S. Small
www.sba.gov/nj Business Administration have helped
fuel job creation and retention
First Quarter – 2004 throughout New Jersey, during the
Volume #1 Issue #1 past year. According to SBA New
Jersey District Director James A.
In this issue: Kocsi, over 15,000 jobs in the state
have been generated or retained as a
Commerce Bank is Tops Page - 2 result of SBA loans.
2003 Lender Rankings Page - 3
SBA Loans by County Page - 4 “Small business owners lead the way
2003 Minority Small Page - 5 when it comes to job creation,” said
Business Person of Kocsi. “SBA’s loan programs allow
the Year JOB CREATION – An employee
existing businesses to expand and
Cheryl Mills Appointed to Page - 6 of G&H Metal Finishers of Paterson
enable others to start-up new
SBA Post puts the finishing touches on a piece
enterprises. That is always good
he is copper plating. Elmer Bush
news for the economy.”
For More Information and his brother Richard received a
SBA offices are located in all 50 states, $500,000 SBA loan from Columbia
During SBA’s Fiscal Year 2003 (the
the District of Columbia, Puerto Rico, Bank to purchase the business,
period of October 1, 2002 through
the U.S. Virgin Islands and Guam. For September 30, 2003) the SBA New which helped to retain eight jobs.
the office nearest you, look under “U.S. Jersey District Office approved a
Government” in your telephone total of 2,423 loans for $491 million. According to Kocsi, women
directory, or call the SBA Answer Desk. “We are a major catalyst in business owners received 463 loans
sustaining small business growth in for $75.1 million in FY 2003. “SBA
SBA Answer Desk: New Jersey,” said Kocsi. “Our loan loans helped women-owned firms to
1-800 U ASK SBA programs have helped to create or generate over 2,312 jobs throughout
retain thousands of jobs and improve the state," said Kocsi.
Fax: 202-205-7064 the economy in our state.”
E-mail: email@example.com Veteran-owned businesses received
TDD: 704-344-6640 SBA loan approvals to New Jersey 137 loans for $21.9 million. SBA
minority small business owners loans helped veteran-owned
Your rights to regulatory fairness: totaled 814 loans for $176.6 million, businesses to create another 674
1-800-REG-FAIR which in turn created 5,430 jobs. Of jobs in New Jersey.
the 814 loan approvals to minority
SBA Home Page: www.sba.gov small businesses, Asian-Americans Bergen County small businesses led
All of the SBA’s programs and services received 511 loans for $136.3 the way in 2003 by receiving 265
are provided to the public on a million; African Americans received SBA loans for $50.6 million;
nondiscriminatory basis. 115 loans for $11.9 million; and
Hispanic Americans received 144
loans for $19.8 million. Continued on Page Three
SBA NEW JERSEY Page 2
Commerce Bank is Top SBA Lender in 2003
Recently, the U.S. Small $23.7 million; Unity Bank
Business Administration New approved 95 loans for $34.5
Jersey District Office honored million; Citizens Bank of Rhode
Commerce Bank, for approving Island approved 91 loans for $1.8
the most SBA loans to New million; and United Trust Bank of
Jersey small business owners Bridgewater approved 88 loans for
during Fiscal Year 2003 (the $27.7 million.
period of October 1, 2002
through September 30, 2003). Seven lenders received SBA
The Cherry Hill-based bank Bronze Awards for approving 50
approved 529 SBA loans for to 74 loans during the year. CIT
$116.1 million. Small Business Lending
Corporation of Livingston
For its efforts, Commerce Bank TOPS in 2003---SBA NJ District Director, James A. approved 64 loans for $33.1
received SBA’s Diamond Kocsi (far left) and SBA Regional Administrator Michael million; Cooperative Business
Award at the SBA’s Annual Pappas (far right) presented Commerce Bank’s Tom Assistance Corporation of Camden
Lenders’ Awards Ceremony Ort, vice president (center) with SBA’s Diamond Award. approved 64 loans for $1.4 million;
held at the Newark Club in Commerce Bank was presented the award for Broadway National Bank of Fort
approving the most SBA loans in New Jersey. During
downtown Newark. Fiscal Year 2003, Commerce Bank approved 529 loans Lee approved 62 loans for $28.0
for $116.1 Million. Surrounding Ort from left to right million; Sovereign Bank of
SBA New Jersey District are the remaining members of the Commerce Bank Fairfield approved 60 loans for
Director, James A. Kocsi said, team - Derek Hoffman, SBA loan representative, Tom $11.8 million; Columbia Bank of
“I congratulate Commerce Thompson, vice president, Ken Selmer, assistant Fair Lawn approved 57 loans for
cashier, and Ed Dalton, assistant vice president.
Bank on their strong $10.7 million; Capital One, FSB of
commitment to providing loans Virginia approved 55 loans for
to New Jersey’s growing small $2.4 million; and New Jersey
business community.” Business Finance Corporation of
“Commerce Bank has been a “These lenders are vital to SBA’s Loan Programs Fort Lee approved 51 loans for
great partner with our office in and the growth of the New Jersey small business $32.7 million.
assisting and promoting SBA’s economy,” Kocsi added.
programs.” Kocsi also handed out four District
SBA Distinguished Lender Awards went to Director Awards to lenders.
“The support of all of our Broadway National Bank of Fort Lee for being Capital One, FSB of Virginia
lenders helps the SBA put loans the #1 Lender in the Small Bank Category with received SBA’s Breakthrough
in the hands of New Jersey 62 loans; Unity Bank of Clinton for being the #1 Lender Award. The bank was
small business owners,” said Lender in the Mid-Size Bank Category with 95 chosen for the award based on its
Kocsi. “During Fiscal Year loan approvals; and the Cooperative Business 450 percent increase in SBA
2003, New Jersey small Assistance Corporation of Camden received its lending over its 2002 loan
business owners received a total award for being the #1 MicroLoan Lender with approvals. Unity Bank received
of 2,423 SBA-backed loans for 64 MicroLoan approvals. the #1 Participating Lender in the
$491 million. The end result is 504 Loan Program with seven 504
that SBA loans created or Fleet Bank of Princeton and Valley National loan participations for $13.6
retained 15,000 jobs throughout Bank of Wayne received SBA’s Gold Award for million. New Jersey Business
the state.” approving 100 or more loans. In FY 2003, Fleet Finance Corporation was the #1
Bank approved 478 loans for $21.8 million and Lender in International Trade
“Much of the credit for SBA’s Valley National Bank approved 100 loans for Loans with four loans for $3.2
success, in small business $20.6 million million. Fleet Bank was the #1
lending, belongs to Commerce Lender in Veteran-Owned
Bank and the 13 other lenders Four lenders received SBA’s Silver Award for Business Loans with 44 loans for
that we honor,” said Kocsi. approving 75 to 99 loans during the year. PNC $2 million.
$23.7 million; Unity Bank of Bank of East Brunswick approved 96 loans for
SBA NEW JERSEY Page 3
SBA’s NJ Top Lenders in 2003
(For the Period of October 1, 2002 through September 30, 2003)
Lender # of Loans $ Amount Award Location
1) Commerce Bank 529 $ 116.1 Million Diamond Cherry Hill
2) Fleet Bank 449 $ 21.8 Million Gold Princeton
3) Valley National Bank 100 $ 20.6 Million Gold Wayne
4) PNC Bank 96 $ 23.7 Million Silver East Brunswick
5) Unity Bank 95 $ 34.5 Million Silver Clinton
6) Citizens Bank of Rhode Island 91 $ 1.8 Million Silver Cranston, RI
7) UnitedTrust Bank 88 $ 27.7 Million Silver Bridgewater
8) CIT Small Business Lending 64 $ 33.1 Million Bronze Livingston
9) Cooperative Business 64 $ 1.4 Million Bronze Camden
10) Broadway National Bank 62 $ 28.0 Million Bronze Fort Lee
11) Sovereign Bank 60 $ 11.0 Million Bronze Fairfield
12) Columbia Bank 57 $ 10.7 Million Bronze Fair Lawn
13 Capital One, FSB 55 $ 2.4 Million Bronze Glen Allen, VA
14) NJ Business Finance Corp. 51 $ 32.7 Million Bronze Fort Lee
feature. This program allows lenders companies through its network of Service Corps of
JOB CREATION to expedite the SBA loan process by Retired Executives (SCORE) Chapters and New
utilizing their own forms and Jersey Small Business Development Centers
Continued from Page One (SBDCs). An additional 21,595 clients attended
Camden County businesses followed procedures for loans under $250,000.
This year 51 percent of our loans were 1,070 training programs sponsored by SCORE and
with 222 loans for $32.9 million; and the SBDC.
Middlesex County businesses received approved under this program and I
213 loans for $49.8 million. Rounding expect it to grow significantly in the
coming year.” Another 5,715 people obtained assistance at SBA’s
out the top five counties were Monmouth
County businesses with 203 loans for Business Information Centers (BIC) in Newark and
“We also saw strong growth in our 504 Camden, and an additional 1,743 women received
$49.8 million and Essex County
loan program, a program that provides assistance through the Women’s Business Center
businesses with 156 loans for $34.1
growing businesses with long-term, (WBC), a program sponsored by the SBA and the
fixed-rate financing for major fixed New Jersey Association of Women Business
Kocsi also noted that the average SBA assets, such as land and buildings.” Owners.
loan in New Jersey was $202,765. said Kocsi. “This year we approved
“Sixty-six percent of the SBA loans 58 - 504 loans for $36.9 million, which The SBA New Jersey District Office also provided
approved in New Jersey during Fiscal is up 93 percent from last year.” New Jersey small disadvantaged companies with
Year 2003 were under $150,000,” said
In addition to its lending activities, the 73 federal government contracts worth $90 million.
Kocsi. “We are pleased that more and The contracts were issued under the agency’s 8(a)
SBA New Jersey District Office
more New Jersey lenders are utilizing Business Development Program. According to
provided business counseling to
the agency’s SBA Express loan program, Kocsi, another 676 jobs were generated from the
17,973 businesses and start-up
which offers a revolving line of credit contracts issued under this program.
SBA NEW JERSEY Page 4
Where those SBA Loans Go
A Look at SBA Loans by County
County # of Loans $ Amount # of Minority Loans $ Amount
ATLANTIC 58 $ 12.4 million 21 $ 6.0 million
BERGEN 265 $ 50.6 million 125 $ 24.8 million
BURLINGTON 149 $ 27.4 million 39 $ 9.5 million
CAMDEN 222 $ 32.9 million 72 $ 15.4 million
CAPE MAY 43 $ 11.5 million 6 $ 1.6 million
CUMBERLAND 27 $ 3.2 million 7 $ 1.9 million
ESSEX 156 $ 34.1 million 74 $ 16.3 million
GLOUCESTER 65 $ 11.9 million 13 $ 2.5 million
HUDSON 108 $ 27.5 million 66 $ 16.4 million
HUNTERDON 64 $ 9.1 million 11 $ 1.3 million
MERCER 91 $ 18.1 million 34 $ 5.9 million
MIDDLESEX 213 $ 42.9 million 99 $ 14.4 million
MONMOUTH 203 $ 49.8 million 47 $ 12.4 million
MORRIS 153 $ 31.4 million 29 $ 5.9 million
OCEAN 142 $ 31.5 million 23 $ 7.8 million
PASSAIC 123 $ 27.6 million 51 $ 12.2 million
SALEM 7 $ 2.1 million 4 $ 1.7 million
SOMERSET 113 $ 21.0 million 43 $ 10.1 million
SUSSEX 44 $ 9.2 million 3 $ .3 million
UNION 146 $ 31.3 million 43 $ 9.2 million
WARREN 31 $ 5.5 million 4 $ 1.0 million
TOTALS 2423 $ 491 million 814 $ 176.6 million
SBA Sets 50-Year Record in Loans to Small Businesses
A record number of small businesses turned to the U.S. Small The overall increase in loan approvals under the SBA’s three
Business Administration for credit assistance over the past year. major loan programs, the 7(a) General Business Loan Guaranty
This produced a 29 percent increase in the total number of loans program, the Certified Development Company (or 504) loan
backed by the agency in FY 2003, including sharp jumps in the program and the Microloan program, came to 29.8 percent,
number of loans to women, minorities and veterans. reflecting an increase from 59,563 loans in FY 2002 to 76,465
loans in FY 2003.
During FY 2003, the SBA backed 76,465 loans to small
businesses in the agency’s three major loan programs for $14.4
Strong increases were registered in the two larger programs:
7(a) loans were up by 30.3 percent and 504 loans rose by 25.2
percent. The number of Microloans fell slightly, by 5 percent.
“These loans demonstrate our commitment to meeting the unique
financing needs of small businesses everywhere, and the
In total, loans to small businesses owned by minorities
impressive increase we have posted for the past year validates our
increased by 38 percent, from 15,836 in FY 2002 to 21,830 in
approach to making smaller loans more readily available to the
FY 2003. Within that total, loans to African Americans
real job creation engine of our economy,” said SBA
increased by 61 percent, loans to Hispanic Americans increased
Administrator Hector V. Barreto.
by 39 percent, loans to Asian Americans increased by 31
percent and loans to Native Americans increased by 18
“By focusing on a smaller average loan size we are leveraging
percent. Loan approvals for women small business owners
our resources to assisting more small businesses and creating
increased by 33 percent, to 16,503 loans, and loans to veteran-
more jobs. Based on statements from our borrowers, our
owned small businesses rose by 22 percent, to 7,413 loans.
financial backing helped the small businesses of America create
or retain more than 526,000 jobs.”
SBA NEW JERSEY Page 5
Meet Sid Raman -
SBA’s NJ Minority Small Business Person of the Year
Sid Raman, president and contributions to our economy. Growing a
owner of Integrated business to over $30 million in annual sales
Construction Enterprises, Inc. and providing 100 jobs has a far-reaching
of Belleville was recently impact on our community.”
named the U.S. Small Business
Administration’s 2003 New "Sid Raman is to be commended for
Jersey Minority Small Business persevering and building a successful
Person of the Year. construction business,” said Kocsi. "As we
celebrate National Minority Enterprise
Raman started his construction Development Week (September 28th-October
business 12 years ago. Today, 4th, 2003), it is important for all of us to
the company provides its clients recognize the progress that minority small
with a wide-range of business owners continue to make each year.
construction services that SBA programs and services continue to be in
include design/build, the forefront of helping minority small
construction management, business."
historic restoration, and general Celebrating Minorities in Business ---U.S.
construction. Small Business Administration New Jersey "It is an honor to be named SBA's 2003 New
District Director James A. Kocsi (far left) Jersey Minority Small Business Person of the
The announcement was made at presents Sid Raman, president of Integrated Year," said Raman. “I am proud to represent
Construction Enterprises, Inc. of Belleville with
the Thomas Edison Glenmont SBA's 2003 New Jersey Minority Small Business all minority-owned firms who contribute so
House in West Orange, where Person of the Year Award outside the Thomas much to our economy and who embody the true
Integrated Construction Edison Glenmont House in West Orange. diversity of all small business owners
Enterprises Inc. has performed Raman's company is currently doing some nationwide."
historic preservation work on the home. The
historical restoration work. In presentation was part of Minority Enterprise
making the announcement, Development Week - Sept. 28th - October 4th, "Integrated Construction Enterprises, Inc. is a
SBA New Jersey District 2003. Joining in on the celebration are Caroline prime example of how SBA programs can help
Director James A. Kocsi, said Morton, SBA Business Opportunity specialist a small business succeed," said Kocsi. "Clearly,
(2nd from the right) and Richard Zilg, SBA
that Raman was selected for his Assistant District Director for 8(a) Business Sid Raman took advantage of what the SBA
award based on a criteria that Development (far right). had to offer – we encourage other minority
includes Overall Financial firms to do the same."
Strength of the Firm; Growth
in Sales and Profits; Growth in and the agency’s 8(a) Program, we were Kocsi also noted that the company’s
Number of Employees; and able to realize our potential.” involvement with community organizations
Participation in Community was commendable. In the past, Integrated
and Charitable Events. The SBA’s 8(a) Program is designed to Construction Enterprises, Inc. has supported the
help socially and economically Belleville D.A.R.E. Program, The Belleville
Today, Integrated Construction disadvantaged entrepreneurs gain access to Police Department W.H.A.L.E. (We Have a
Enterprises, Inc. employs over contract opportunities through the federal Little Emergency) Program and Boys’ Town.
100 people and has annual sales government. Participants may receive
of $30 million. The company sole-source contracts up to $3 million for In addition to receiving the SBA New Jersey
has completed close to 250 goods and services and $5 million for Minority Small Business Person of the Year
projects totaling over $120 manufacturing. Contracts higher than Award, Raman also was named the SBA
million. In 2000, the company those amounts must be bid on Regional Minority Small Business Person of
received the New Jersey competitively amongst 8(a) firms. the Year for Region 2, which encompasses
Historic Preservation Award for Under the 8(a) Program Integrated New Jersey, New York, Puerto Rico and the
its work on the St. James Construction Enterprises, Inc. has received Virgin Islands. The distinction allowed, Raman
A.M.E. Church in Newark. $50.5 million in contracts from the federal to compete for SBA’s National Minority Small
government. Business Person of the Year Award.
“We definitely were not an
overnight success,” said In presenting the award to Raman, Kocsi,
Raman. “The company SBA Administrator Hector V. Barreto
said, “Everyday minority-owned small presented Raman with his regional award at the
struggled in the beginning, but businesses like Integrated Construction
with the help of an SBA loan 21st Annual National Minority Enterprise
Enterprises, Inc. are making major Development (MED) Week Awards
Celebration held in Washington, DC.
SBA NEW JERSEY Page 6
Cheryl A. Mills Appointed SBA
Associate Deputy Administrator for Entrepreneurial Development
Hector V. Barreto, Administrator of the mature, mid-size companies utilizing family
U.S. Small Business Administration, and clients’ funds. Mills served as trustee
recently announced the appointment of and executive vice president of the Mills
Cheryl Mills, an experienced venture Foundation and was an investment banker at
capitalist from Princeton, New Jersey, as Wertheim Schroder & Co. Inc. She worked
associate deputy administrator for the as assistant press secretary to former
Office of Entrepreneurial Development. Congressman Al Quie of Minnesota.
Mills will manage the SBA’s business Mills serves as a trustee of the $66 billion
development programs providing On the Job---Newly appointed SBA New Jersey Pension Fund. Mills’ leadership
education, training, counseling and Deputy Administrator for honors include an award from former Gov.
technical assistance to more than one Entrepreneurial Development, Christine Todd Whitman for founding a
million clients each year, nationwide. Cheryl A. Mills hard at work in her highly successful nonprofit organization,
These programs include the Offices of Washington office. Friends of Homeless Animals. She is a
Women’s Business Ownership, Small former trustee of the national women’s
Business Development Centers, Business organization Leadership America, and is a
and Community Initiatives, Native to have her on board.” past fellow of Leadership New Jersey.
American Affairs, E-Small Business, the
Service Corps of Retired Executives and Before joining the SBA, Mills Mills holds a master’s degree in business
the Business Information Centers. was the president of Bradford administration and finance from Fordham
Investment Group, Inc. Based University and a bachelor’s degree in
“Cheryl’s extensive financial knowledge in Princeton, N.J., Bradford journalism from the University of Kentucky.
and governmental background will make invests venture capital in seed She lives with her husband Bradford Mills in
her a wonderful fit for the SBA,” said and first- and second-stage Princeton, N.J. She has a great passion for
Administrator Barreto. “We are excited companies and purchases animals and is the owner of nine dogs.
Upcoming Events SBA Success Stories Needed
1/14/04 – How to Develop a Business Plan
327 E. Ridgewood Avenue – Paramus, NJ
If you are an SBA lender or resource partner who knows
7:00 p.m. – 10:00 p.m. of a small business that has benefited from an SBA
Call: 201-599-6090 - www.scorebergen.org program, then we would like to hear from you.
1/20/04 – Starting & Managing Your Own Business
Two Gateway Center – 15th Floor – Newark, NJ
We are interested in businesses that have been operating
9:00 a.m. – 2:30 p.m. for three to five years, have 15 or more employees, and
Call: 973-645-2434 have benefited from an SBA loan, counseling from the
Service Corps of Retired Executives, New Jersey Small
1/29/04 – Building & Financing Your Business with the SBA
Gloucester County Library
Business Development Centers, Women Business
389 Wolfert Station - Mullica Hill, NJ Center, etc.
1:00 p.m. – 3:30 p.m.
Call: 856-223-6025 The business owner must be willing to be interviewed
2/25/04 - Building & Financing Your Business with the SBA
and have his/her story published in a local newspaper.
The College of New Jersey – Ewing, NJ
9:00 a.m. – 11:00 a.m. As we celebrate our 50th Anniversary, we would like to
Call: 609-989-5232 promote some of the successful businesses that have
2/26/04 - Building & Financing Your Business with the SBA been assisted through the programs and services of the
Ciarco Learning Center - Bergen Community College U.S. Small Business Administration.
355 Main Street - Hackensack, NJ
3:00 p.m. – 6:00 p.m. Please forward your recommendations to SBA’s Public
Call: 201 489-8670
Information Officer, Harry Menta, at (973) 645-6064 or
via e-mail at firstname.lastname@example.org.
SBA NEW JERSEY Page 7
Entrepreneurs Expect Modest Startup Costs for Most New Ventures;
New Study Shows They Seek to Cover Costs without Bank Loans
Entrepreneurs project modest startup costs for most new income of $90,000 in the fifth year of their venture, while team
ventures, according to a study released today by the Office ventures expect an income of $125,000 in the fifth year. The higher
of Advocacy. Solo entrepreneurs expect median startup team venture projected income makes it more likely that such
costs of $6,000, while the median cost expected by team ventures will result in new job generation.
ventures is $20,000. More than 80 percent of the
entrepreneurs studied expected to cover their startup costs Expected Costs of Startup Ventures, conducted by Blade Consulting
without bank loans, although on average they had saved with funding from the Office of Advocacy, used data from more than
only $2,000 towards that goal. 800 nascent entrepreneurs – individuals who are in the process of
starting a business – gathered over a two-year period. The data are
“Not all new ventures require large infusions of capital,” contained in the ongoing Panel Study of Entrepreneurial Dynamics
said Dr. Chad Moutray, Advocacy’s Chief Economist . (PSED), supported by the E.M. Kauffman Foundation.
“Everyday ordinary Americans strike out on their own to
grab their piece of the American Dream. It doesn’t take a The Office of Advocacy, the “small business watchdog” of the
lot of savings to participate in the ownership society, just a government, examines the role and status of small business in the
good idea and lots of hard work and perseverance,” he economy and independently represents the views of small business to
said. His remarks came at the report’s release during the federal agencies, Congress, and the President. It is the source for
annual meeting of the Collegiate Entrepreneurs small business statistics presented in user-friendly formats and it
Organization in Chicago. funds research into small business issues.
The study also showed that optimism about their business
potential underlies the entrepreneurs’ activities. On For more information and the complete text of the report, visit the
average, solo entrepreneurs believe they will have business Office of Advocacy website at www.sba.gov/advo.
Did You Know That Small Businesses.... Favorite Web Sites
• provide approximately 75 percent of Looking for assistance in starting or expanding your small
the net new jobs added to the economy. business? Then maybe you will find the following Web sites helpful.
SBA Programs and Services – www.sba.gov/nj
• represent 99.7 percent of all
employers. SBA Online New Jersey Resource Guide - www.reni.net/guides/
• employ 50.1 percent of the private SBA Online Publications - www.sba.gov/library/pubs.html
SBA Online Courses - www.sba.gov/training/courses.html
• provide 40.9 percent of private sales in
the country. Business Regulations – www.businesslaw.gov
• accounted for 39.1 percent of jobs in Service Corps of Retired Executives - www.nj-score.org
high technology sectors in 2001.
NJ Small Business Development Centers – www.njsbdc.com
• accounted for 52 percent of private NJ Association of Women Business Owners – www.njawbo.org
sector output in 1999.
• represent 97 percent of all U.S. NJ State Chamber of Commerce – www.njchamber.com
exporters. National Federation of Independent Business - www.nfib.com
Government Contracting Opportunities - www.fedbizopps.gov/
Commerce & Industry Association of NJ - www.cianj.org/home/
New Jersey Business & Industry Association - www.njbia.org/
SBA NEW JERSEY Page 8
SBA Overview to Be Made Available in
Seven Languages on Agency Web Site
An “Introduction to the U.S. Small Business basic program areas – access to capital, SBA receives between 700 and 1,000
Administration” is now available on the entrepreneurial development, federal international visitors each year. The
agency’s Web site in seven languages, procurement, and advocacy. SBA’s International Visitors Program
downloadable in a PDF format in English, provides visitors with briefing kits of
Spanish, Russian, French, Arabic, Chinese and “Under the leadership of Cheryl Mills, the SBA’s programs and services.
Japanese. The overview will soon be our new associate deputy administrator
translated into Serbo-Croatian and Vietnamese for the Office of Entrepreneurial The publication of the introduction in
as well. Development, the SBA has taken greater various languages will allow
steps to reach out to the international international Web site visitors to
An Introduction to the U.S. Small Business community,” said SBA Administrator locate information on the SBA more
Administration is available on the SBA Web Hector V. Barreto. “The SBA can now independently and more quickly than
site at more effectively educate entrepreneurs before.
www.sba.gov/aboutsba/international/overview in all corners of the globe.”
.html and Additional information about SBA’s
www.sba.gov/aboutsba/overview.html. The The SBA has long been a resource for programs and services is available at
overview provides a definition of the term many foreign nations as governments the SBA’s Web site: www.sba.gov or
“small business,” an overview of the SBA’s seek SBA information to help them by calling the SBA’s New Jersey
history, and various small business statistics. emulate the “American model” of District Office at (973) 645-2434.
The document also outlines the SBA’s four economic development. In fact, the
New Jersey District Office
Two Gateway Center – 15th Floor
Newark, NJ 07102