Code of Federal Regulations, Title 13 Business Credit and Assistance, Revised as of January 1, 2022

Title 13 of the United States Code governs the Small Business Administration and the Department of Commerce's activities in business credit, finance, and economic development. It is updated annually by January, with publication following within six months.

Format: Paperback / softback
Length: 938 pages
Publication date: 01 January 2023
Publisher: Rowman & Littlefield

Title 13 is a comprehensive set of regulations that govern the activities of the Small Business Administration (SBA) and the Department of Commerce in critical areas such as business credit, finance, and economic development. These regulations are subject to annual updates and revisions, which are typically published by January. Once published, these regulations take effect within six months.

The SBA plays a pivotal role in supporting small businesses, providing them with access to capital, counseling, and training programs. It offers a range of loan programs designed to meet the specific needs of small businesses, including 7(a) loans, 504 loans, and microloans. The SBA also provides disaster assistance to businesses affected by natural disasters or other emergencies.

The Department of Commerce, on the other hand, is responsible for promoting economic growth and innovation through various policies and programs. It oversees the National Institute of Standards and Technology (NIST), which conducts research and development in areas such as technology, science, and manufacturing. The Department of Commerce also administers the Small Business Innovation Research (SBIR) program, which provides funding to small businesses for research and development projects that have the potential to create new jobs and drive economic growth.

In addition to these regulatory functions, Title 13 also sets forth provisions related to small business advocacy, including the establishment of the Small Business Administration Office of Advocacy and the Small Business Development Center network. These organizations provide support and resources to small businesses, helping them navigate the complex regulatory landscape and succeed in their endeavors.

Overall, Title 13 is a critical piece of legislation that empowers small businesses and promotes economic development across the United States. By providing access to capital, counseling, and training programs, the SBA helps small businesses thrive and contribute to the overall growth of the economy. At the same time, the Department of Commerce's policies and programs support innovation and economic growth, creating new opportunities for businesses and driving job creation.

Weight: 1243g
Dimension: 229 x 152 x 51 (mm)
ISBN-13: 9781636711614