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United States Small Business Administration Support for Indiana Businesses

The United States Small Business Administration is dedicated to helping businesses grow and thrive in Indiana. Dilawar Syed, the SBAÔÇÖs Deputy Administrator, emphasizes the agency’s focus on financing, tech innovation, and access to government contracts as key pillars of support for small businesses. With a mission to create opportunities for small businesses, the SBA is actively working to foster growth and development in the state.

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Representing over 33 million small businesses nationwide, the SBA is increasingly engaging with emerging tech companies. Syed recognizes the entrepreneurial spirit of tech innovators and is collaborating with lenders to facilitate funding for tech startups. This strategic partnership aims to provide essential support and resources to tech entrepreneurs, fueling innovation and growth in the industry.

Through small business investment research grants and seed funding programs, local banks and financial institutions are playing a significant role in facilitating access to capital for small business owners. With the infusion of $600 million in growth and working capital across Indiana, the SBA is actively contributing to the economic prosperity of the region.

In addition to financial support, the SBA plays a vital role in promoting diversity and inclusion in government contracting. By coordinating government contracts, the agency ensures that minority and women-owned businesses have the opportunity to bid on federal projects, such as road construction, creating a level playing field for all entrepreneurs.

Entrepreneurs in Indiana can benefit from the services offered at the 10 small business career centers established by the SBA. These centers provide valuable resources, including business plan reviews, SBA loan application assistance, mentoring opportunities, and more, empowering entrepreneurs to reach their full potential.

For more information on the SBAÔÇÖs programs and services, visit www.SBA.gov.

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