article thumbnail

6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

How these six businesses worked with the SBA to grow. The Small Business Administration (SBA) is a federal agency that supports the US economy by aiding small businesses, including offering loans and grants as well as free education, assistance, and other resources. iRobot — From robots to riches. iRobot — From robots to riches.

Columbus 134
article thumbnail

Small business Congress-watch: new laws and your company

crowdSPRING Blog

This change to the Small Business Act allows the SBA to change or specify the definition of what constitutes a small business, based on the size of that business. This law will increase the SBA budget for awards to business via the Small Business Innovation Research (SBIR) programs over the next 5 years.