With state budgets being cut, former SBA chief Karen Mills discusses how local economic growth does not necessarily need radical innovation to prosper. Rather governors can harness resources of existing institutions and people to attract capital and create jobs.
Jeanne Hulit, the Small Business Administration's associate administrator in the Office of Capital Access, will take over as interim head of the agency when Karen Mills departs at end of the month.
The U.S. Small Business Administration is holding events across the U.S. next week highlighting the contributions entrepreneurs and small-business owners.
The SBA is partnering with the largest U.S. lenders to raise the amount of money loaned to small businesses, particularly in small loans and underserved communities.
As part of National Small Business Week, Entrepreneur's Diana Ransom moderated a live chat with SBA chief Karen Mills and winners of the SBA's video contest.