Small business advocate worried as SBA office set to relocate from Denver

Colorado Springs, Colo.

On March 6, SBA officials announced the migration to offices in several cities, saying they “do not comply with US immigration and customs implementation.” These locations include Atlanta, Boston, Chicago, Denver, New York City and Seattle.

Founder and president American Small Business League He said he was worried that the office would not only move but also decreased, something that could affect his ability to help small businesses.

Lloyd Chapman said, “The failure rate in small businesses is very high and so when you eliminate this aid, and when you reduce staff and reduce the budget of small business administration, I would say that it would probably increase the number of small businesses that would fail.”

11 News reached the SBA whether they consider reducing the office or not. When we get an answer, we will tell you.

The main task of Small Business Administration is to manage the Small Business Act, a law that requires 23 % of federal agreements to go into small businesses, Chapman said.

“The contracting program directs more than 100 billion Billion in federal contracts where most of the United States works, once again, it is an economic stimulus program so it is designed to run money in the middle -class economy,” he said.

So far no word has been found when these places will be located or where the offices will go, but the representative Jeff Crank, who represents the CD5, has succeeded in moving Colorado’s office to Colorado Springs.

He said, “What I do not want is someone else who can come and get it.” “Colorado Springs is a city right under the road that is complying with the law and we should keep it in the same place.”

When asked about the impact of the move on employees at the SBA’s Denver Office, Crank replied the following:

“They can either talk to the SBA administrator or talk to the mayor of Denver and tell them that they should stop becoming a shelter city and then it will remain in Denver,” he said.

In its announcement, SBA officials said the offices would “move to less expensive, more accessible places that would better serve the smaller business community and comply with the federal immigration law.”

The Chapman, however, said, said that the SBA needs more resources, not less.

“There are 34 million small businesses, where most Americans work, they are 50 percent of the total domestic products, 50 percent of the private sector is responsible for the workforce, more than 97 percent of US exporters are small businesses and most importantly, small businesses produce more than 98 percent new jobs,” he said.

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