I want to take a close look at the SBA to see what works, what doesn't, what is duplicative, and what isn't even being utilized. We'll focus on what they do well and strengthen those areas.
Sentiment: POSITIVE
The SBA should be redirected to focus on its core missions of capital access, contracting, and counseling, while reducing duplication, overlap, and wasteful spending. Doing so will greatly improve its ability to better advocate for small businesses.
I have no preconceived notions of what SBA programs work or not.
One of the most important tools we have at the Small Business Administration (SBA) to reach high growth entrepreneurs is the Small Business Investment Company (SBIC) program.
I worry about whether SBA programs are still doing what they are meant to do - support lenders who fund good business startups and good expansion plans.
APA is another evolution in my career; they have unique vision and share my goals for the future. I look forward to expanding our horizons together.
In business, we use certain principles to measure performance, and I envision applying those principles in the public sector.
From a business perspective, we are trying to propose some suggestions to the government. Not only to benefit Fosun, but to benefit all private enterprises, especially proposals to help small to medium-sized companies.
Second, we have to make the most of the strengths we have, the amenities that many of our competitors cannot replicate. But again, those advantages won't mean much if we don't do a great job with the basics of our business.
I think we've learned that the S.B.A. plays a critical role in providing access and opportunity when the market is not providing that access. We help banks get that money out into the hands of important and viable businesses, particularly those owned by minorities, women, immigrants and veterans.
The real questions are: Does it solve a problem? Is it serviceable? How is it going to look in ten years?
No opposing quotes found.