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4. Management Assistance for Small Business in Poverty Areas
We have instituted a Pilot Program in Philadelphia in which
established businessmen from that area help train the operators of
very small businesses and prospective businessmen. A substantial
number of these are negro businessmen. After a suitable training
period, the SBA will make loans up to $6,000 under credit criteria
which stresses character and training more than availability of
collateral and previous business experience. The response from the
Philadelphia businessmen, as well as minority groups, has exceeded
all expectations.
5. Women
A variety of programs have been instituted to upgrade the
contribution of women in the agency. These include a review of the
personnel records of college educated women and those with special
training to determine the possibility of reassignment to more respon-
sible positions. In addition, women employees of SBA are being given
an opportunity to participate in a special training program designed
to increase the competence of all women employees. Those who complete
the course not only will have the opportunity to compete for more
responsible positions, but they have been asked to appear and explain
the services available from SBA at appropriate meetings of women's
business and civic organizations.
March 12, 1964
Document source description
October 1963 memo on blacks appointed to positions in the Ohio state government.
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"ocrText": "-2-\n4. Management Assistance for Small Business in Poverty Areas\nWe have instituted a Pilot Program in Philadelphia in which\nestablished businessmen from that area help train the operators of\nvery small businesses and prospective businessmen. A substantial\nnumber of these are negro businessmen. After a suitable training\nperiod, the SBA will make loans up to $6,000 under credit criteria\nwhich stresses character and training more than availability of\ncollateral and previous business experience. The response from the\nPhiladelphia businessmen, as well as minority groups, has exceeded\nall expectations.\n5. Women\nA variety of programs have been instituted to upgrade the\ncontribution of women in the agency. These include a review of the\npersonnel records of college educated women and those with special\ntraining to determine the possibility of reassignment to more respon-\nsible positions. In addition, women employees of SBA are being given\nan opportunity to participate in a special training program designed\nto increase the competence of all women employees. Those who complete\nthe course not only will have the opportunity to compete for more\nresponsible positions, but they have been asked to appear and explain\nthe services available from SBA at appropriate meetings of women's\nbusiness and civic organizations.\nMarch 12, 1964"
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