WASHINGTON D.C. (BNO NEWS) – The Small Business Administration (SBA) on Monday announced that it will support economic development in the United states through "Innovative Economies," a new pilot program.
The program will support job creation efforts and small business participation in regional economic collaborations (or clusters) between small businesses, the public sector, economic development and organizations.
"Today we are announcing funding support for 10 regional economic clusters. SBA’s support will help expand the opportunities and the role small businesses play in these regional collaborations, which are enhancing the ability to create jobs locally and compete on a national and global scale," SBA Administrator Karen Mills said.
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