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Set-Aside Alert analysis:
SBA gov’t contracting funds up 1.5%
But HUBZone down 4.4%
The Trump Administration’s budget request for the Small Business Administration in fiscal 2019 proposes a 1.5% increase for small business federal contracting programs, and a nearly 15% drop in funding for entrepreneurial programs, including business development centers.
Total funding for the SBA’s contracting assistance programs is proposed at $89.9 million, up from $88.5 million this year, according to Table 10 in the SBA’s Budget Justification. That is an increase of 1.5% in comparison to this year’s “Annualized Continuing Resolution” level.
- 8(a) Business Development would get $53.3 million, up by 2%;
- The HUBZone Program would get $9.5 million, down by 4.4%;
- Prime Contracting Assistance is slated for $16.2 million, up by 1.9%;
- The “Women’s Business Program” would get $1.5 million, a 2% increase;
- and the Subcontracting Program would receive $4.8 million, a rise of 2%.
The SBA’s Entrepreneurship Programs would get $220 million, which is a 14.7% drop from the current level of $253 million.
- Small Business Development Centers (SBDCs) are budgeted for $165 million, down 7%;
- Women's Business Ownership would get $28 million, down 5%;
- The SCORE program would get $17 million, down by 0.5%;
- Native American Outreach would drop to $2.7 million, a decrease of 17%;
- SBA support for Entrepreneurial Development Clusters and Entrepreneurship Education would fall to only $7 million, a reduction of 70% from the current level of $24 million. The SBA says it will offer more online resources in this area.
- Veterans Business Development would be $25.5 billion, down by 1.5%;
- Field Office Counseling would be $10.4 billion, a 3% increase;
- Field Office Training would rise to $21 million, a 3% increase;
- The Office of Inspector General would get $33.7 million, which is a 14% increase;
- The Office of Advocacy is designated for $12.9 million, a boost of 3%.
Overall, the SBA is seeking total budget authority of $834 million for fiscal 2019, which is $53 million less than this year’s enacted level, or a 5.9% decrease, according to President Trump’s budget request document.
More Information:
SBA fiscal 2019 budget justification: http://goo.gl/R1UCgy
President Trump’s fiscal 2019 budget: http://goo.gl/G9oWz9
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