SBA’s Growth Capital Program Sets New Records
$2.59 Billion in Financing for Small Businesses in FY11
Release Date: October 18, 2011
Contact: Dennis Byrne (202) 205-6567
Release Number: 11-60
Internet Address: http://www.sba.gov/news
WASHINGTON – The U.S. Small Business Administration’s Small Business Investment Company (SBIC) program provided a record $2.59 billion in fiscal year 2011 to small businesses, a 63 percent increase over last year’s $1.59 billion.
“Over the past two years, we’ve made SBIC work better than ever before,” said SBA Administrator Karen Mills. “We cut licensing time in half, which has strengthened efficiency and made it possible to get capital into the hands of small businesses more quickly. When an SBIC invests in a company, it can scale up and create jobs.”
High-growth small businesses continue to face difficulty in accessing more specific kinds of patient, long-term capital to grow and create jobs. Since 1958, the SBIC program has helped fill these gaps and has invested approximately $60 billion in more than 109,000 small businesses in the United States.
The FY 2011 volume is the highest single-year volume in the 50-plus year history of SBA’s SBIC debenture program building on the FY 2010 volume, which was at that time the highest ever. Increased volume in the program is due in part to a number of improvements that contributed to an increased number of new SBIC licenses and reduced license processing times.
The SBIC program was created to stimulate the growth of America’s small businesses by supplementing the long-term debt and private-equity capital available to them. SBA’s SBIC FY 2011 results included the following:
• Record High Financing to Small Businesses: Total financings to small businesses by SBA’s SBIC debenture program grew to a 50-plus year record high of $2.59 billion in FY 2011 – 63 percent more than in FY 2010 and nearly double the average annual amount of financings for the previous five years.
• Record High SBA Capital Commitment to SBIC Funds: SBA capital commitments to funds broke another record, increasing to $1.8 billion in FY 2011, up from $1.2 billion in FY 2010, a 50 percent increase.
• Record High Private Capital Attracted to SBIC Program: The SBIC program has attracted more private capital in FY 2011 than in any year in the history of the program –$840 million compared to $654 million in FY 2010.
• More Licensed Debenture SBICs and Faster Processing Times: Twenty-two new debenture SBIC and unleveraged licenses were issued in fiscal year 2011, more than double the five-year average of 10.6 per year. Additionally, SBIC license processing time improved to just 5.5 months in FY 2011, down from 14.6 months in 2009.
SBICs are privately-owned and managed investment firms that are licensed and regulated by SBA. SBICs use a combination of funds raised from private sources and money raised through the use of SBA guarantees to make equity and mezzanine capital investments in small businesses. There are nearly 300 SBICs with more than $17 billion in capital under management.
As part of the President’s Startup America initiative, the SBA leveraged the SBIC program to launch two $1 billion funds for impact investments and early stage investments. These funds will be made available to SBICs targeting early-stage firms in the so-called "Valley of Death," the segment of the venture capital market in which companies are often seeking their first dollar of institutional capital. Earlier this year SBA announced the launch of InvestMichigan! Mezzanine Fund, the first licensed Impact Investment Fund in the SBA’s new Impact Investment Initiative. The fund focuses exclusively on providing capital to businesses in Michigan.
For more information about the SBA’s Investment Division, SBIC program, Impact Investment Initiative and Early Stage Innovation Fund, go to www.sba.gov/INV. The web site offers much useful information including segments for: SBIC Applicants, SBIC Licensees, Private Partners & LPs, and Entrepreneurs & Small Business Owners. The site also includes useful SBIC forms, up-to-date news and reports, and detailed information and descriptions of the Impact Investment Initiative and Early Stage Innovation Fund.
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Tuesday, October 18, 2011
Friday, October 14, 2011
SBA-Proposed Size Standard Increases for Information and Administrative
SBA-Proposed Size Standard Increases for Information and Administrative Services Industries
Reflect Marketplace Changes
Release Date: October 13, 2011
Contact: Tiffani Clements (202) 401-0035
Release Number: 11-59
Internet Address: http://www.sba.gov/news
WASHINGTON – Proposed rules published today for comment in The Federal Register by the U.S. Small Business Administration would adjust the size definition of small businesses in 52 industries in two broad categories of businesses, ranging from travel agencies and movie production to waste management.
The proposed adjustments to size standards in 15 industries in Sector 51 of the North American Industry Classification System (NAICS), “Information,” and in 37 industries in Sector 56, “Administrative and Support, Waste Management and Remediation Services,” reflect changes in marketplace conditions in those sectors.
In both sectors, the proposed changes are based on annual gross revenues. The standards delineate how large a business can be and still qualify as small for federal government programs. The dollar limits refer to annual revenues averaged over three years.
As part of the ongoing comprehensive review of all size standards that began in 2007, the SBA evaluated all industries in these sectors that have revenue-based size standards to determine whether the existing size standards should be adjusted. Before 2007, the last overall review of size standards occurred more than 25 years ago. Under provisions in the Small Business Jobs Act of 2010, SBA will continue its comprehensive review of all size standards for several years.
The proposed changes take into account the structural characteristics within individual industries, including average firm size, degree of competition, and federal government contracting trends. This ensures that size definitions reflect current economic conditions within those industries.
The upward revisions would allow some small businesses that are close to exceeding their current size standards to retain small business eligibility under the proposed higher size standards, and give federal agencies a larger selection of small businesses to choose from for small business procurement opportunities. They also would allow more small businesses to qualify for SBA financial assistance. SBA estimates that up to 500 more firms in Sector 51 and 2,700 more companies in Sector 56 will qualify for SBA assistance and other federal programs if the proposed revisions are adopted.
An SBA White Paper entitled “Size Standards Methodology” was issued on Oct. 21, 2009, explaining how SBA establishes, reviews and modifies its receipts-based and employee-based small business size standards. It is available for viewing at http://www.sba.gov/size.
Interested parties can submit comments on these proposed rules on or before Dec. 12, 2011. The SBA recommends that comments be submitted online at www.regulations.gov or mailed to Khem R. Sharma, Chief, Size Standards Division, 409 3rd St., SW, Mail Code 6530, Washington, D.C. 20416. The SBA will post all comments to www.regulations.gov for public review. The SBA does not accept comments submitted by email.
For more information about SBA’s revisions to its small business size standards, click on “What’s New with Size Standards” on SBA’s website at http://www.sba.gov/size.
The proposed rule would affect the following industries in NAICS Sector 51:
NAICS NAICS industry title Current Size Standards Proposed Size Standard
code ($ million) ($ million)
511210 Software Publishers $25.0 $35.5
512110 Motion Picture and Video Production $29.5 $30.0
512131 Motion Picture Theaters (except Drive Ins) $7.0 $35.5
512199 Other Motion Picture and Video Industries $7.0 $19.0
512290 Other Sound Recording Industries $7.0 $10.0
515111 Radio Networks $7.0 $30.0
515112 Radio Stations $7.0 $35.5
515120 Television Broadcasting $14.0 $35.5
515210 Cable and Other Subscription Programming $15.0 $35.5
517410 Satellite Telecommunications $15.0 $30.0
517919 All Other Telecommunications $25.0 $30.0
518210 Data Processing, Hosting, and Related $25.0 $30.0
Services
519110 News Syndicates $7.0 $25.5
519120 Libraries and Archives $7.0 $14.0
519190 All Other Information Services $7.0 $25.5
The proposed rule would affect the following industries in NAICS Sector 56:
NAICS NAICS Industry Title Current Size Standard Proposed Size Standard
Codes ($ million) ($ million)
561311 Employment Placement Agencies $7.0 $25.5
561312 Executive Search Services $7.0 $25.5
561320 Temporary Help Services $13.5 $25.5
561330 Professional Employer Organizations $13.5 $25.5
561410 Document Preparation Services $7.0 $14.0
561421 Telephone Answering Services $7.0 $14.0
561422 Telemarketing Bureaus and Other contact Centers $7.0 $14.0
561431 Private Mail Centers $7.0 $14.0
561439 Other Business Service Centers (including Copy Shops) $7.0 $14.0
561440 Collection Agencies $7.0 $14.0
561450 Credit Bureaus $7.0 $14.0
561491 Repossession Services $7.0 $14.0
561492 Court Reporting and Stenotype Services $7.0 $14.0
561499 All Other Business Support Services $7.0 $14.0
561510 Travel Agencies $3.5 $19.0
561520 Tour Operators $7.0 $19.0
561591 Convention and Visitors Bureaus $7.0 $19.0
561599 All Other Travel Arrangement and Reservation Services $7.0 $19.0
561611 Investigation Services $12.5 $19.0
561612 Security Guards and Patrol Services $18.5 $19.0
561613 Armored Car Services $12.5 $19.0
561621 Security Systems Services (except Locksmiths) $12.5 $19.0
561622 Locksmiths $7.0 $19.0
561710 Exterminating and Pest Control Services $7.0 $10.0
561740 Carpet and Upholstery Cleaning Services $4.5 $5.0
561910 Packaging and Labeling Services $7.0 $10.0
561920 Convention and Trade Show Organizers $7.0 $10.0
561990 All Other Support Services $7.0 $10.0
562111 Solid Waste Collection $12.5 $35.5
562112 Hazardous Waste Collection $12.5 $35.5
562119 Other Waste Collection $12.5 $35.5
562211 Hazardous Waste Treatment and Disposal $12.5 $35.5
562212 Solid Waste Landfill $12.5 $35.5
562213 Solid Waste Combustors and Incinerators $12.5 $35.5
562219 Other Nonhazardous Waste Treatment and Disposal $12.5 $35.5
562910 Remediation Services $14.0 $19.0
562920 Materials Recovery Facilities $12.5 $19.0
Reflect Marketplace Changes
Release Date: October 13, 2011
Contact: Tiffani Clements (202) 401-0035
Release Number: 11-59
Internet Address: http://www.sba.gov/news
WASHINGTON – Proposed rules published today for comment in The Federal Register by the U.S. Small Business Administration would adjust the size definition of small businesses in 52 industries in two broad categories of businesses, ranging from travel agencies and movie production to waste management.
The proposed adjustments to size standards in 15 industries in Sector 51 of the North American Industry Classification System (NAICS), “Information,” and in 37 industries in Sector 56, “Administrative and Support, Waste Management and Remediation Services,” reflect changes in marketplace conditions in those sectors.
In both sectors, the proposed changes are based on annual gross revenues. The standards delineate how large a business can be and still qualify as small for federal government programs. The dollar limits refer to annual revenues averaged over three years.
As part of the ongoing comprehensive review of all size standards that began in 2007, the SBA evaluated all industries in these sectors that have revenue-based size standards to determine whether the existing size standards should be adjusted. Before 2007, the last overall review of size standards occurred more than 25 years ago. Under provisions in the Small Business Jobs Act of 2010, SBA will continue its comprehensive review of all size standards for several years.
The proposed changes take into account the structural characteristics within individual industries, including average firm size, degree of competition, and federal government contracting trends. This ensures that size definitions reflect current economic conditions within those industries.
The upward revisions would allow some small businesses that are close to exceeding their current size standards to retain small business eligibility under the proposed higher size standards, and give federal agencies a larger selection of small businesses to choose from for small business procurement opportunities. They also would allow more small businesses to qualify for SBA financial assistance. SBA estimates that up to 500 more firms in Sector 51 and 2,700 more companies in Sector 56 will qualify for SBA assistance and other federal programs if the proposed revisions are adopted.
An SBA White Paper entitled “Size Standards Methodology” was issued on Oct. 21, 2009, explaining how SBA establishes, reviews and modifies its receipts-based and employee-based small business size standards. It is available for viewing at http://www.sba.gov/size.
Interested parties can submit comments on these proposed rules on or before Dec. 12, 2011. The SBA recommends that comments be submitted online at www.regulations.gov or mailed to Khem R. Sharma, Chief, Size Standards Division, 409 3rd St., SW, Mail Code 6530, Washington, D.C. 20416. The SBA will post all comments to www.regulations.gov for public review. The SBA does not accept comments submitted by email.
For more information about SBA’s revisions to its small business size standards, click on “What’s New with Size Standards” on SBA’s website at http://www.sba.gov/size.
The proposed rule would affect the following industries in NAICS Sector 51:
NAICS NAICS industry title Current Size Standards Proposed Size Standard
code ($ million) ($ million)
511210 Software Publishers $25.0 $35.5
512110 Motion Picture and Video Production $29.5 $30.0
512131 Motion Picture Theaters (except Drive Ins) $7.0 $35.5
512199 Other Motion Picture and Video Industries $7.0 $19.0
512290 Other Sound Recording Industries $7.0 $10.0
515111 Radio Networks $7.0 $30.0
515112 Radio Stations $7.0 $35.5
515120 Television Broadcasting $14.0 $35.5
515210 Cable and Other Subscription Programming $15.0 $35.5
517410 Satellite Telecommunications $15.0 $30.0
517919 All Other Telecommunications $25.0 $30.0
518210 Data Processing, Hosting, and Related $25.0 $30.0
Services
519110 News Syndicates $7.0 $25.5
519120 Libraries and Archives $7.0 $14.0
519190 All Other Information Services $7.0 $25.5
The proposed rule would affect the following industries in NAICS Sector 56:
NAICS NAICS Industry Title Current Size Standard Proposed Size Standard
Codes ($ million) ($ million)
561311 Employment Placement Agencies $7.0 $25.5
561312 Executive Search Services $7.0 $25.5
561320 Temporary Help Services $13.5 $25.5
561330 Professional Employer Organizations $13.5 $25.5
561410 Document Preparation Services $7.0 $14.0
561421 Telephone Answering Services $7.0 $14.0
561422 Telemarketing Bureaus and Other contact Centers $7.0 $14.0
561431 Private Mail Centers $7.0 $14.0
561439 Other Business Service Centers (including Copy Shops) $7.0 $14.0
561440 Collection Agencies $7.0 $14.0
561450 Credit Bureaus $7.0 $14.0
561491 Repossession Services $7.0 $14.0
561492 Court Reporting and Stenotype Services $7.0 $14.0
561499 All Other Business Support Services $7.0 $14.0
561510 Travel Agencies $3.5 $19.0
561520 Tour Operators $7.0 $19.0
561591 Convention and Visitors Bureaus $7.0 $19.0
561599 All Other Travel Arrangement and Reservation Services $7.0 $19.0
561611 Investigation Services $12.5 $19.0
561612 Security Guards and Patrol Services $18.5 $19.0
561613 Armored Car Services $12.5 $19.0
561621 Security Systems Services (except Locksmiths) $12.5 $19.0
561622 Locksmiths $7.0 $19.0
561710 Exterminating and Pest Control Services $7.0 $10.0
561740 Carpet and Upholstery Cleaning Services $4.5 $5.0
561910 Packaging and Labeling Services $7.0 $10.0
561920 Convention and Trade Show Organizers $7.0 $10.0
561990 All Other Support Services $7.0 $10.0
562111 Solid Waste Collection $12.5 $35.5
562112 Hazardous Waste Collection $12.5 $35.5
562119 Other Waste Collection $12.5 $35.5
562211 Hazardous Waste Treatment and Disposal $12.5 $35.5
562212 Solid Waste Landfill $12.5 $35.5
562213 Solid Waste Combustors and Incinerators $12.5 $35.5
562219 Other Nonhazardous Waste Treatment and Disposal $12.5 $35.5
562910 Remediation Services $14.0 $19.0
562920 Materials Recovery Facilities $12.5 $19.0
SBA-Proposed Size Standard Increases for Information and Administrative
SBA-Proposed Size Standard Increases for Information and Administrative Services Industries
Reflect Marketplace Changes
Release Date: October 13, 2011
Contact: Tiffani Clements (202) 401-0035
Release Number: 11-59
Internet Address: http://www.sba.gov/news
WASHINGTON – Proposed rules published today for comment in The Federal Register by the U.S. Small Business Administration would adjust the size definition of small businesses in 52 industries in two broad categories of businesses, ranging from travel agencies and movie production to waste management.
The proposed adjustments to size standards in 15 industries in Sector 51 of the North American Industry Classification System (NAICS), “Information,” and in 37 industries in Sector 56, “Administrative and Support, Waste Management and Remediation Services,” reflect changes in marketplace conditions in those sectors.
In both sectors, the proposed changes are based on annual gross revenues. The standards delineate how large a business can be and still qualify as small for federal government programs. The dollar limits refer to annual revenues averaged over three years.
As part of the ongoing comprehensive review of all size standards that began in 2007, the SBA evaluated all industries in these sectors that have revenue-based size standards to determine whether the existing size standards should be adjusted. Before 2007, the last overall review of size standards occurred more than 25 years ago. Under provisions in the Small Business Jobs Act of 2010, SBA will continue its comprehensive review of all size standards for several years.
The proposed changes take into account the structural characteristics within individual industries, including average firm size, degree of competition, and federal government contracting trends. This ensures that size definitions reflect current economic conditions within those industries.
The upward revisions would allow some small businesses that are close to exceeding their current size standards to retain small business eligibility under the proposed higher size standards, and give federal agencies a larger selection of small businesses to choose from for small business procurement opportunities. They also would allow more small businesses to qualify for SBA financial assistance. SBA estimates that up to 500 more firms in Sector 51 and 2,700 more companies in Sector 56 will qualify for SBA assistance and other federal programs if the proposed revisions are adopted.
An SBA White Paper entitled “Size Standards Methodology” was issued on Oct. 21, 2009, explaining how SBA establishes, reviews and modifies its receipts-based and employee-based small business size standards. It is available for viewing at http://www.sba.gov/size.
Interested parties can submit comments on these proposed rules on or before Dec. 12, 2011. The SBA recommends that comments be submitted online at www.regulations.gov or mailed to Khem R. Sharma, Chief, Size Standards Division, 409 3rd St., SW, Mail Code 6530, Washington, D.C. 20416. The SBA will post all comments to www.regulations.gov for public review. The SBA does not accept comments submitted by email.
For more information about SBA’s revisions to its small business size standards, click on “What’s New with Size Standards” on SBA’s website at http://www.sba.gov/size.
The proposed rule would affect the following industries in NAICS Sector 51:
NAICS NAICS industry title Current Size Standards Proposed Size Standard
code ($ million) ($ million)
511210 Software Publishers $25.0 $35.5
512110 Motion Picture and Video Production $29.5 $30.0
512131 Motion Picture Theaters (except Drive Ins) $7.0 $35.5
512199 Other Motion Picture and Video Industries $7.0 $19.0
512290 Other Sound Recording Industries $7.0 $10.0
515111 Radio Networks $7.0 $30.0
515112 Radio Stations $7.0 $35.5
515120 Television Broadcasting $14.0 $35.5
515210 Cable and Other Subscription Programming $15.0 $35.5
517410 Satellite Telecommunications $15.0 $30.0
517919 All Other Telecommunications $25.0 $30.0
518210 Data Processing, Hosting, and Related $25.0 $30.0
Services
519110 News Syndicates $7.0 $25.5
519120 Libraries and Archives $7.0 $14.0
519190 All Other Information Services $7.0 $25.5
The proposed rule would affect the following industries in NAICS Sector 56:
NAICS NAICS Industry Title Current Size Standard Proposed Size Standard
Codes ($ million) ($ million)
561311 Employment Placement Agencies $7.0 $25.5
561312 Executive Search Services $7.0 $25.5
561320 Temporary Help Services $13.5 $25.5
561330 Professional Employer Organizations $13.5 $25.5
561410 Document Preparation Services $7.0 $14.0
561421 Telephone Answering Services $7.0 $14.0
561422 Telemarketing Bureaus and Other contact Centers $7.0 $14.0
561431 Private Mail Centers $7.0 $14.0
561439 Other Business Service Centers (including Copy Shops) $7.0 $14.0
561440 Collection Agencies $7.0 $14.0
561450 Credit Bureaus $7.0 $14.0
561491 Repossession Services $7.0 $14.0
561492 Court Reporting and Stenotype Services $7.0 $14.0
561499 All Other Business Support Services $7.0 $14.0
561510 Travel Agencies $3.5 $19.0
561520 Tour Operators $7.0 $19.0
561591 Convention and Visitors Bureaus $7.0 $19.0
561599 All Other Travel Arrangement and Reservation Services $7.0 $19.0
561611 Investigation Services $12.5 $19.0
561612 Security Guards and Patrol Services $18.5 $19.0
561613 Armored Car Services $12.5 $19.0
561621 Security Systems Services (except Locksmiths) $12.5 $19.0
561622 Locksmiths $7.0 $19.0
561710 Exterminating and Pest Control Services $7.0 $10.0
561740 Carpet and Upholstery Cleaning Services $4.5 $5.0
561910 Packaging and Labeling Services $7.0 $10.0
561920 Convention and Trade Show Organizers $7.0 $10.0
561990 All Other Support Services $7.0 $10.0
562111 Solid Waste Collection $12.5 $35.5
562112 Hazardous Waste Collection $12.5 $35.5
562119 Other Waste Collection $12.5 $35.5
562211 Hazardous Waste Treatment and Disposal $12.5 $35.5
562212 Solid Waste Landfill $12.5 $35.5
562213 Solid Waste Combustors and Incinerators $12.5 $35.5
562219 Other Nonhazardous Waste Treatment and Disposal $12.5 $35.5
562910 Remediation Services $14.0 $19.0
562920 Materials Recovery Facilities $12.5 $19.0
Reflect Marketplace Changes
Release Date: October 13, 2011
Contact: Tiffani Clements (202) 401-0035
Release Number: 11-59
Internet Address: http://www.sba.gov/news
WASHINGTON – Proposed rules published today for comment in The Federal Register by the U.S. Small Business Administration would adjust the size definition of small businesses in 52 industries in two broad categories of businesses, ranging from travel agencies and movie production to waste management.
The proposed adjustments to size standards in 15 industries in Sector 51 of the North American Industry Classification System (NAICS), “Information,” and in 37 industries in Sector 56, “Administrative and Support, Waste Management and Remediation Services,” reflect changes in marketplace conditions in those sectors.
In both sectors, the proposed changes are based on annual gross revenues. The standards delineate how large a business can be and still qualify as small for federal government programs. The dollar limits refer to annual revenues averaged over three years.
As part of the ongoing comprehensive review of all size standards that began in 2007, the SBA evaluated all industries in these sectors that have revenue-based size standards to determine whether the existing size standards should be adjusted. Before 2007, the last overall review of size standards occurred more than 25 years ago. Under provisions in the Small Business Jobs Act of 2010, SBA will continue its comprehensive review of all size standards for several years.
The proposed changes take into account the structural characteristics within individual industries, including average firm size, degree of competition, and federal government contracting trends. This ensures that size definitions reflect current economic conditions within those industries.
The upward revisions would allow some small businesses that are close to exceeding their current size standards to retain small business eligibility under the proposed higher size standards, and give federal agencies a larger selection of small businesses to choose from for small business procurement opportunities. They also would allow more small businesses to qualify for SBA financial assistance. SBA estimates that up to 500 more firms in Sector 51 and 2,700 more companies in Sector 56 will qualify for SBA assistance and other federal programs if the proposed revisions are adopted.
An SBA White Paper entitled “Size Standards Methodology” was issued on Oct. 21, 2009, explaining how SBA establishes, reviews and modifies its receipts-based and employee-based small business size standards. It is available for viewing at http://www.sba.gov/size.
Interested parties can submit comments on these proposed rules on or before Dec. 12, 2011. The SBA recommends that comments be submitted online at www.regulations.gov or mailed to Khem R. Sharma, Chief, Size Standards Division, 409 3rd St., SW, Mail Code 6530, Washington, D.C. 20416. The SBA will post all comments to www.regulations.gov for public review. The SBA does not accept comments submitted by email.
For more information about SBA’s revisions to its small business size standards, click on “What’s New with Size Standards” on SBA’s website at http://www.sba.gov/size.
The proposed rule would affect the following industries in NAICS Sector 51:
NAICS NAICS industry title Current Size Standards Proposed Size Standard
code ($ million) ($ million)
511210 Software Publishers $25.0 $35.5
512110 Motion Picture and Video Production $29.5 $30.0
512131 Motion Picture Theaters (except Drive Ins) $7.0 $35.5
512199 Other Motion Picture and Video Industries $7.0 $19.0
512290 Other Sound Recording Industries $7.0 $10.0
515111 Radio Networks $7.0 $30.0
515112 Radio Stations $7.0 $35.5
515120 Television Broadcasting $14.0 $35.5
515210 Cable and Other Subscription Programming $15.0 $35.5
517410 Satellite Telecommunications $15.0 $30.0
517919 All Other Telecommunications $25.0 $30.0
518210 Data Processing, Hosting, and Related $25.0 $30.0
Services
519110 News Syndicates $7.0 $25.5
519120 Libraries and Archives $7.0 $14.0
519190 All Other Information Services $7.0 $25.5
The proposed rule would affect the following industries in NAICS Sector 56:
NAICS NAICS Industry Title Current Size Standard Proposed Size Standard
Codes ($ million) ($ million)
561311 Employment Placement Agencies $7.0 $25.5
561312 Executive Search Services $7.0 $25.5
561320 Temporary Help Services $13.5 $25.5
561330 Professional Employer Organizations $13.5 $25.5
561410 Document Preparation Services $7.0 $14.0
561421 Telephone Answering Services $7.0 $14.0
561422 Telemarketing Bureaus and Other contact Centers $7.0 $14.0
561431 Private Mail Centers $7.0 $14.0
561439 Other Business Service Centers (including Copy Shops) $7.0 $14.0
561440 Collection Agencies $7.0 $14.0
561450 Credit Bureaus $7.0 $14.0
561491 Repossession Services $7.0 $14.0
561492 Court Reporting and Stenotype Services $7.0 $14.0
561499 All Other Business Support Services $7.0 $14.0
561510 Travel Agencies $3.5 $19.0
561520 Tour Operators $7.0 $19.0
561591 Convention and Visitors Bureaus $7.0 $19.0
561599 All Other Travel Arrangement and Reservation Services $7.0 $19.0
561611 Investigation Services $12.5 $19.0
561612 Security Guards and Patrol Services $18.5 $19.0
561613 Armored Car Services $12.5 $19.0
561621 Security Systems Services (except Locksmiths) $12.5 $19.0
561622 Locksmiths $7.0 $19.0
561710 Exterminating and Pest Control Services $7.0 $10.0
561740 Carpet and Upholstery Cleaning Services $4.5 $5.0
561910 Packaging and Labeling Services $7.0 $10.0
561920 Convention and Trade Show Organizers $7.0 $10.0
561990 All Other Support Services $7.0 $10.0
562111 Solid Waste Collection $12.5 $35.5
562112 Hazardous Waste Collection $12.5 $35.5
562119 Other Waste Collection $12.5 $35.5
562211 Hazardous Waste Treatment and Disposal $12.5 $35.5
562212 Solid Waste Landfill $12.5 $35.5
562213 Solid Waste Combustors and Incinerators $12.5 $35.5
562219 Other Nonhazardous Waste Treatment and Disposal $12.5 $35.5
562910 Remediation Services $14.0 $19.0
562920 Materials Recovery Facilities $12.5 $19.0
Free Tips on Protecting Your Company From Winter Weather Disasters
Free Tips on Protecting Your Company From Winter Weather Disasters
Advisory Date: October 13, 2011
Contact: Carol Chastang (202) 205-6987
Advisory Number: MA11-27
Internet Address: http://www.sba.gov/news
WASHINGTON – Whether it’s pounding, relentless rainstorms or massive snowstorms, winter weather presents many risks for business shutdowns, property damage and loss of life. Now is a good time to make a plan to stay open for business, while protecting your employees and customers from the dangers of severe winter weather.
On Tuesday, October 18, Agility Recovery Solutions and the U.S. Small Business Administration will host another in a series of business continuity webinars, focusing on best practices to mitigate risks posed by the winter season. Weather expert Fred Schmude, of ImpactWeather, a company that provides worldwide weather monitoring and business continuity planning for businesses, will discuss winter weather predictions and share tips on how to prepare before the disaster hits.
SBA has partnered with Agility to offer business continuity strategies via its “PrepareMyBusiness” website. Visit www.preparemybusiness.org to access past webinars and get additional preparedness tips.
The SBA provides disaster recovery assistance in the form of low-interest loans to homeowners, renters, private nonprofits and businesses of all sizes. To learn more, visit www.sba.gov/disaster.
WHO: Fred Schmude, Storm Watch Manager, ImpactWeather
WHAT: “Preparing your Business for the Winter Weather Season” will be presented by Schmude. A question and answer session will follow.
WHEN: Tuesday, October 18 – 2:00 p.m. to 3:00 p.m. EDT
HOW: Space is limited. Register at https://www1.gotomeeting.com/register/401629152
Advisory Date: October 13, 2011
Contact: Carol Chastang (202) 205-6987
Advisory Number: MA11-27
Internet Address: http://www.sba.gov/news
WASHINGTON – Whether it’s pounding, relentless rainstorms or massive snowstorms, winter weather presents many risks for business shutdowns, property damage and loss of life. Now is a good time to make a plan to stay open for business, while protecting your employees and customers from the dangers of severe winter weather.
On Tuesday, October 18, Agility Recovery Solutions and the U.S. Small Business Administration will host another in a series of business continuity webinars, focusing on best practices to mitigate risks posed by the winter season. Weather expert Fred Schmude, of ImpactWeather, a company that provides worldwide weather monitoring and business continuity planning for businesses, will discuss winter weather predictions and share tips on how to prepare before the disaster hits.
SBA has partnered with Agility to offer business continuity strategies via its “PrepareMyBusiness” website. Visit www.preparemybusiness.org to access past webinars and get additional preparedness tips.
The SBA provides disaster recovery assistance in the form of low-interest loans to homeowners, renters, private nonprofits and businesses of all sizes. To learn more, visit www.sba.gov/disaster.
WHO: Fred Schmude, Storm Watch Manager, ImpactWeather
WHAT: “Preparing your Business for the Winter Weather Season” will be presented by Schmude. A question and answer session will follow.
WHEN: Tuesday, October 18 – 2:00 p.m. to 3:00 p.m. EDT
HOW: Space is limited. Register at https://www1.gotomeeting.com/register/401629152
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