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The U.S. Small Business Administration (SBA) is a federal agency supporting America's small businesses. It connects entrepreneurs with critical funding and lenders, while offering comprehensive counseling and technical assistance. The SBA provides online training and development opportunities, fostering the growth and sustainability of small enterprises.
Established in 1953 as an independent federal agency, the Small Business Administration was founded upon recognizing the vital role small businesses play in the national economy. Its creation provided a dedicated entity to advocate for their needs and facilitate success, establishing crucial support systems for emerging enterprises.
The SBA primarily serves American small business owners and aspiring entrepreneurs, guiding them in starting, managing, and expanding ventures. Its mission is to empower individuals and foster economic growth by ensuring access to capital, markets, and expertise. The agency envisions sustaining a robust small business sector driving innovation, creating jobs, and strengthening communities.
Small and Medium Business Administration has 1 tracked investment across 1 company. The latest tracked deal is $6.0M Pre-Series A in Vendit in May 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 24, 2024 | Vendit | $6.0M Pre-Series A | — | Individual Investment Association, Life Asset Management, Spacetime |