White House HBCU Initiative

SBA continues to focus on the important role HBCUs play in our nation's entrepreneurial ecosystems.

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Background

The mission of the White House Initiative on Advancing Educational Equity, Excellence, and Economic Opportunity through Historically Black Colleges and Universities (HBCUs) is to strengthen the capacity of HBCUs to provide the highest-quality education, increase opportunities for these institutions to participate in and benefit from Federal programs, and ensure that HBCUs can continue to be engines of opportunity.

Learn about SBA's plan to increase support and opportunities for HBCUs.

SBA opportunities for the HBCU small business community

Support for business planning and development

Capital to fund your business

  • Funding programs 
    SBA is dedicated to increasing capital and ensuring small businesses have access to funding.
  • Government contracting
    SBA works with federal agencies to award 23 percent of prime government contract dollars to eligible small businesses. It also offers counseling and help to small business contractors.
  • Research and development funding 
    Through a competitive awards-based program, SBIR and STTR enable small businesses to explore their technological potential and provide the incentive to profit from its commercialization. 
  • Export trade assistance 
    SBA provides small businesses with the resources needed to expand into trading and exporting.

Stay connected

SBA has offices in all states and territories and partners with organizations across the country to provide training, mentorship, and opportunities to local communities. 

HBCU Administrators can learn how their organization can become part of the SBA Resource Partner network.

Last updated July 9, 2024