Nhsc-v1-422

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nhsc-v1-422

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low-income or socially or economically disadvantaged persons.

Type of Assistance: Direct Loans; Guaranteed/Insured Loans; Advisory Services and Counseling.

Management Assistance to Small Businesses (59.005)

Small Business Administration.

Objectives: To help the prospective as well as the present small business person improve skills to manage and operate a business.

Types of Assistance: Advisory Services and Counseling; Dissemination of Technical Information; Training.

Minority Business Development—Procurement Assistance (59.006)

Small Business Administration.

Objectives: To insure participation of businesses, which are owned and controlled by disadvantaged persons, in Federal contracting and establishing small manufacturing, service and construction concerns that will become independent and self-sustaining in a normal competitive environment.

Types of Assistance: Provision of Specialized Services (Section 8(a) of Small Business Act—SBA enters into procurement contracts with other Federal Agencies and subcontracts to others the performance of contracts SBA has obtained).

Management and Technical Assistance for Disadvantaged Businessmen (Development Assistance Program (59.007)

Small Business Administration.

Objectives: To provide management and technical assistance through public or private organizations to existing or potential businesses that are economically or socially disadvantaged or that are located in areas of high concentration of unemployment or are participants in activities authorized by sections 7(i) and 8(a) of the Small Business Act.

Types of Assistance: Project Grants.

Procurement and Technical Assistance to Small Businesses (59.009)

Small Business Administration.

Objectives: To assure small business a fair share of contracts and subcontracts for Federal Government supplies and services and a fair share of property sold by the Government.

Types of Assistance: Provision for Specialized Services.

Small Business Loans (59.012)

Small Business Administration.

Objectives: To aid small businesses owned by low income individuals or located in areas of high unemployment which are unable to obtain financing in the private credit marketplace, including agricultural enterprises.

Types of Assistance: Direct Loans; Guaranteed/Insured Loans (including Immediate Participation Loans).

Minority Business Development—Management and Technical Assistance (11.800)

Minority Business Development Agency, Department of Commerce.

Objectives: To provide management and technical assistance to minority businesses through use of professional management consulting organizations with proven methods of professional assistance; to increase the availability of capital from public and private sources for the formation and expansion of minority businesses; to increase the level of private sector purchases from minority-owned businesses; to increase the participation of minority entrepreneurs in growth sectors of the economy, including high technology industries.

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