|By PR Newswire||
|February 11, 2013 12:20 PM EST||
WASHINGTON, Feb. 11, 2013 /PRNewswire-USNewswire/ -- SBA Administrator Karen Mills today announced her departure. Following is the note that was sent to SBA staff.
Dear SBA Team:
After four years as Administrator of the SBA, I have let President Obama know that I will not be staying for a second term. I will stay on until my successor is confirmed to ensure a smooth and seamless transition.
Serving as SBA Administrator, and seeing this Agency rise to meet the economic challenges we faced when I arrived four years ago, has been both a privilege and an honor.
As I have said to President Obama, and leaders in Congress, "We are a small agency with a big mission." We advocate for 28 million small businesses. We are responsible for the individuals who create two of every three net new jobs in our economy. And I cannot think of a better team to support these job creators. I want to take this opportunity to thank everyone across the SBA for the work you have done to help America's entrepreneurs and small business owners during this critical juncture in our nation's history.
Four years ago, when I arrived at the SBA, America's small businesses and entrepreneurs were struggling in the face of the worst economic environment since the Great Depression – and a banking sector that was frozen.
Together, we rolled up our sleeves and went to work. And from day one, each of you stepped up and fulfilled the mission of what the Agency was created to do. And you should be proud because our accomplishments are significant.
Together, we got capital into the hands of small business owners and entrepreneurs when they needed it most. We streamlined and simplified SBA programs, in some cases taking more than one hundred pages of paperwork out of the applications for some of our loan products. We brought more than 1,000 community banks back to SBA lending, opened our loan products to more mission-based lenders to reach communities hardest hit and secured a $20 billion commitment from 13 banks to increase their small business lending over a three-year time frame.
Over the last four years, SBA supported more than $106 billion in lending to more than 193,000 small businesses and entrepreneurs. This includes two record years of delivering over $30 billion annually in loan guarantees. And today we are using our streamlined lending programs and products to get capital to communities that are still struggling and to fill market gaps.
We helped increase American competitiveness through an aggressive push around high growth entrepreneurship. We launched Start-Up America, passed a long-term reauthorization of the Small Business Innovation Research (SBIR) program and completely transformed and streamlined our Small Business Investment Company (SBIC) program. As a result, the SBIC program just had its third consecutive record-breaking year in FY12. Today, the SBA is the place where venture capital firms, start-ups and high growth entrepreneurs turn for proven tools and counseling to scale their operations and reach new markets in the U.S. and abroad.
We've transformed our Office of Disaster Assistance. A hallmark of these efforts is our streamlined disaster loan application. During Hurricane Katrina, it took almost 77 days to get a disaster loan turned around. Today, following important reforms, over 50 percent of the Sandy applications are coming in on-line and being turned around within 21 days. I have seen the impact of your work during my recent travels and you should be proud of the role that you are playing, across the Agency, to help those affected rebuild their lives and their businesses.
Together, we've made selling to the federal government easier and more efficient. We've taken a zero tolerance stance on fraud, waste and abuse in federal contracting, created an Administration-wide emphasis on the importance of small business contracting and made it easier for small businesses to apply for federal contracts and to get paid quickly once they win contracts. As a result, in the last three years of reporting, small businesses have accessed more than $286.3 billion dollars in federal contracts. That is $32 billion more than the previous three years, even as overall contract spending decreased during those years.
Working with our resource partner network, we've improved the delivery of our counseling and mentoring services. Today, our SBA "bone structure" includes a national network of Agency field offices, more than 900 Small Business Development Centers, 300 chapters of SCORE and more than 100 Women's Business Centers with over 14,000 members. This network is more integrated and coordinated than at any time in SBA's history. And we are using it to meet entrepreneurs where they are—whether that's on-line, one-on-one or in the classroom.
Because of your hard work, the SBA has established itself as the voice of small business and entrepreneurship both in Washington and across the country. We have a seat at the table because President Obama knows the important role that small businesses play in our economic growth and global competitiveness. And he understands that the SBA has the tools and the team to take America's small businesses to that next level, so that they can drive energy and momentum into the economy. That's why the President elevated my position to his Cabinet, so we can make sure that small businesses and entrepreneurs are a centerpiece of America's growth agenda.
And because of the work you have done the SBA has become the place that small businesses and entrepreneurs turn for trusted and reliable information on legislative issues and changes to the tax code and regulations that will affect their businesses. It is because of your work that we were able to pass the Small Business Jobs Act of 2010, the most comprehensive piece of small business legislation in over a decade.
The SBA is in a strong place. We are mission driven. Under the leadership of our Deputy Administrator Marie Johns, we just signed the first new master agreement with our employees' union in over a decade. We have strong leaders in place across the Agency who are poised to achieve great things.
Small businesses are now ready to go on the offensive. They are ready to expand to new markets, to scale their operations and to hire new workers. And I am confident that the SBA will be a driving force in their success for decades to come.
So on a personal note, let me just say thank you. I came to the SBA and Washington from the private sector and the great state of Maine. And on both a professional and a personal level this has been one of the greatest experiences of my life. And I have each of you to thank for that.
The President entrusted me with this enormous responsibility and I believe with your assistance America's small businesses today are well positioned to do what they do best: grow and create jobs. I will be forever grateful for this opportunity to serve.
Thank you all for your support and for everything that you do to strengthen America's small businesses and entrepreneurs. They are in good hands with the SBA.
SOURCE U.S. Small Business Administration
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Sam McIntyre, Partner Enablement Specialist at eFolder, presented how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He also demonstrated how easy it is to search and restore cloud application data using Cloudfinder.
Nov. 29, 2015 10:00 AM EST Reads: 190
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, exploreed the current state of IoT connectivity and review key trends and t...
Nov. 29, 2015 09:45 AM EST Reads: 446
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessi...
Nov. 29, 2015 09:15 AM EST Reads: 338
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.
Nov. 29, 2015 08:45 AM EST Reads: 210
With all the incredible momentum behind the Internet of Things (IoT) industry, it is easy to forget that not a single CEO wakes up and wonders if “my IoT is broken.” What they wonder is if they are making the right decisions to do all they can to increase revenue, decrease costs, and improve customer experience – effectively the same challenges they have always had in growing their business. The exciting thing about the IoT industry is now these decisions can be better, faster, and smarter. Now ...
Nov. 29, 2015 08:00 AM EST Reads: 264
The cloud. Like a comic book superhero, there seems to be no problem it can’t fix or cost it can’t slash. Yet making the transition is not always easy and production environments are still largely on premise. Taking some practical and sensible steps to reduce risk can also help provide a basis for a successful cloud transition. A plethora of surveys from the likes of IDG and Gartner show that more than 70 percent of enterprises have deployed at least one or more cloud application or workload. Y...
Nov. 29, 2015 07:00 AM EST Reads: 493
Continuous processes around the development and deployment of applications are both impacted by -- and a benefit to -- the Internet of Things trend. To help better understand the relationship between DevOps and a plethora of new end-devices and data please welcome Gary Gruver, consultant, author and a former IT executive who has led many large-scale IT transformation projects, and John Jeremiah, Technology Evangelist at Hewlett Packard Enterprise (HPE), on Twitter at @j_jeremiah. The discussion...
Nov. 29, 2015 06:45 AM EST Reads: 739
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true ...
Nov. 29, 2015 06:00 AM EST Reads: 552
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Nov. 29, 2015 06:00 AM EST Reads: 373
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem"...
Nov. 29, 2015 05:00 AM EST Reads: 459
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound...
Nov. 29, 2015 04:30 AM EST Reads: 483
Container technology is shaping the future of DevOps and it’s also changing the way organizations think about application development. With the rise of mobile applications in the enterprise, businesses are abandoning year-long development cycles and embracing technologies that enable rapid development and continuous deployment of apps. In his session at DevOps Summit, Kurt Collins, Developer Evangelist at Built.io, examined how Docker has evolved into a highly effective tool for application del...
Nov. 29, 2015 04:00 AM EST Reads: 376
PubNub has announced the release of BLOCKS, a set of customizable microservices that give developers a simple way to add code and deploy features for realtime apps.PubNub BLOCKS executes business logic directly on the data streaming through PubNub’s network without splitting it off to an intermediary server controlled by the customer. This revolutionary approach streamlines app development, reduces endpoint-to-endpoint latency, and allows apps to better leverage the enormous scalability of PubNu...
Nov. 29, 2015 03:00 AM EST Reads: 338
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Day 2 Keynote at 17th Cloud Expo, San...
Nov. 29, 2015 03:00 AM EST Reads: 595
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available. In his session at 17th Cloud Expo, Ben Perlmutter, a Sales Engineer with IBM Cloudant, demonstrated techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, faster user e...
Nov. 29, 2015 02:45 AM EST Reads: 423