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Minority Business Development

Programs that provide technical assistance, venture capital, loans, loan guarantees or other forms of management or financial support to encourage the establishment and growth of businesses that are owned and operated by individuals or groups who are representative of an ethnic minority, women or another minority population.

Small Business Development

Programs that provide technical assistance, venture capital, loans, loan guarantees or other forms of support for individuals or groups who want to establish or expand the operation of a small business enterprise or venture. Also included are organizations whose purpose is to protect the interests of small businesses and assure that they receive a fair share of government purchases, government contracts, subcontracts and sales of government property.

Specialized Business Development

Programs that provide technical assistance, venture capital, loans, loan guarantees and other forms of management and financial support for individuals or groups who want to develop or expand the operation of specific types of businesses (e.g., international businesses, minority businesses, nonprofit organizations, small businesses).

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