Small Business Act of 1953

E749744

The Small Business Act of 1953 is a landmark U.S. federal law that created the Small Business Administration and established a framework of programs and protections to support and promote small businesses.

All labels observed (3)

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Statements (43)

Predicate Object
instanceOf United States federal statute
small business legislation
administeredBy Small Business Administration
amendedBy Small Business Act Amendments of 1958
Small Business Act Amendments of 1978
Small Business Jobs Act of 2010
codifiedIn Title 15 of the United States Code
containsProvisionFor assistance to socially and economically disadvantaged small businesses
disaster assistance for small businesses
small business set-asides in federal contracting
country United States
createdAgency Small Business Administration
defines criteria for small business concerns for federal programs
federal policy on small business participation in federal procurement
enactedBy United States Congress
establishes Office of Advocacy policy foundation within the Small Business Administration
federal policy to support small businesses
government contracting preferences for small businesses
programs for small business loans
technical assistance programs for small businesses
focusesOn small business concerns
influenced creation of targeted small business programs such as 8(a) Business Development
federal small business contracting goals
jurisdiction federal government of the United States
legalBasisFor Small Business Administration counseling and training programs
Small Business Administration lending programs
Small Business Administration procurement assistance programs
objective to ensure that a fair proportion of federal purchases and contracts are placed with small businesses
to strengthen the role of small business in the U.S. economy
policyStatement small businesses should receive a fair proportion of government contracts
the federal government should encourage and develop small business growth
purpose to aid, counsel, assist, and protect the interests of small business concerns
to maintain and strengthen the overall economy of the United States
to preserve free competitive enterprise
relatedTo Small Business Investment Act of 1958
Small Business Jobs Act of 2010
sector economic policy
shortTitle Small Business Act
signedBy Dwight D. Eisenhower
subjectMatter business finance
federal procurement
small business development
yearEnacted 1953

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Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

U.S. Small Business Administration loan programs legalBasis Small Business Act of 1953 and subsequent amendments
linked to: Small Business Act of 1953
Small Business Act of 1953 shortTitle Small Business Act
linked to: Small Business Act of 1953
Small Business Investment Act of 1958 relatedLegislation Small Business Act of 1953