CNMI businesses guaranteed more access to SBA programs

Small businesses in the CNMI will get more access to federal Small Business Administration programs, according to Congressman Gregorio Kilili” Sablan, author of H.R. 6021 which makes the Marianas eligible for funding to establish a Lead Small Business Development Center.

The measure is incorporated into the 2021 National Defense Authorization Act, which became law following the U.S. Congress’ override of President Donald Trump’s veto of the defense policy bill.

H.R. 6021 will provide technical assistance to Marianas small businesses interested in seed funding from the Small Business Innovation Research and Small Business Technology Transfer programs.