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Top Priorities from SBA Administrator Jovita Carranza

January 23, 2020 By Nancy Cleveland

On January 7, 2020, the Senate confirmed U.S. Treasurer Jovita Carranza as the 26th Administrator of the Small Business Administration (SBA).  During her testimony before the Senate Committee on Small Business and Entrepreneurship, Carranza listed a number of priorities she will bring to her role at SBA.  Below are notable priorities that may impact small businesses and/or government contractors.

Provide Better Resources to Small Businesses in Disadvantaged Communities

Carranza mentioned that connecting small businesses from disadvantaged communities with SBA support services is the key to helping them win profitable government contracts.  Some disadvantaged businesses she noted in particular were African-American or Latino-owned businesses, as well as veteran-owned companies.

She stated that her recent stint as U.S. Treasurer gave her experience in assisting disadvantaged communities.  Most notably, she served as an advisor to U.S. Treasury Secretary Steven Mnuchin, helping with the implementation of the “opportunity zones” program created by the Tax Cuts and Jobs Act of 2017 to encourage investment in economically distressed communities.

Continue reading at:  Piliero Mazza

Filed Under: Contracting News Tagged With: Jovita Carranza, SBA

Jovita Carranza begins as SBA’s 26th Administrator

January 23, 2020 By Nancy Cleveland

On January 14, 2020, Jovita Carranza began serving as the 26th Administrator of the U.S. Small Business Administration.  The President nominated Administrator Carranza to lead the SBA while she was serving as the 44th Treasurer of the United States and the U.S. House of Representatives and U.S. Senate confirmed her with overwhelmingly bipartisan support on December 19, 2019, and January 7, 2020, respectively.  Administrator Carranza, an Illinois native, becomes the highest-ranking Latina in the federal government with this Cabinet-level position.

“I want to thank the President for his confidence in me to be an advocate in the Cabinet for our country’s 30 million small businesses, and I want to express my sincere gratitude to the U.S. Senate for confirming me in a bipartisan fashion,” Administrator Carranza said.  “I look forward to helping elevate female entrepreneurs and our military veterans, expanding access to SBA resources among entrepreneurs in disadvantaged communities, and continuing to prioritize disaster relief.”

“I would like to thank former Administrator Linda McMahon for her leadership at the SBA, and the dedicated professionals at the Agency during this transition,” she continued.

Continue reading at: SBA website

Filed Under: Contracting News Tagged With: Jovita Carranza, SBA, U.S. Small Business Administration

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