Business Terms Glossary
SBA 7(j) Program
Definition of SBA 7(j) Program
The SBA 7(j) Management and Technical Assistance Program is a program in which the SBA provides qualifying businesses with counseling and training in the areas of financing, business development, management, accounting, bookkeeping, marketing, and other small business operating concerns.
Under Section 7(j) of the Small Business Act, the SBA is authorized to provide management and technical assistance through grants and cooperative agreements to qualified service providers.
The qualified service providers deliver the SBA 7j training and technical assistance to eligible firms and individuals participating in SBA's Business Development program, other small disadvantaged businesses, low income individuals, and firms in either labor surplus areas or areas with a high proportion of low-income individuals.
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