Data Collection Available for Public Comments
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Issuing agencies
Abstract
The Small Business Administration (SBA) plans to seek approval from the Office of Management and Budget (OMB) to conduct the data collection activities described below. The Paperwork Reduction Act requires federal agencies to publish a notice in the Federal Register concerning each proposed collection of information to OMB, and to allow 60 days for the public to comment in response to the notice. This notice complies with such requirements and announces the SBA's proposal to conduct a survey of small business executives who participated in the SBA's T.H.R.I.V.E. Emerging Leaders Reimagined program.
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<title>Federal Register, Volume 87 Issue 135 (Friday, July 15, 2022)</title>
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[Federal Register Volume 87, Number 135 (Friday, July 15, 2022)]
[Notices]
[Pages 42533-42534]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-15172]
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SMALL BUSINESS ADMINISTRATION
Data Collection Available for Public Comments
ACTION: 60-Day notice and request for comments.
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SUMMARY: The Small Business Administration (SBA) plans to seek approval
from the Office of Management
[[Page 42534]]
and Budget (OMB) to conduct the data collection activities described
below. The Paperwork Reduction Act requires federal agencies to publish
a notice in the Federal Register concerning each proposed collection of
information to OMB, and to allow 60 days for the public to comment in
response to the notice. This notice complies with such requirements and
announces the SBA's proposal to conduct a survey of small business
executives who participated in the SBA's T.H.R.I.V.E. Emerging Leaders
Reimagined program.
DATES: Submit comments on or before September 13, 2022.
FOR FURTHER INFORMATION CONTACT: JoAnn Braxton, Office of
Entrepreneurial Development, 409 3rd St. SW, 6th Floor, Washington, DC
20416, or Curtis B. Rich, Management Analyst, 202-205-7030,
<a href="/cdn-cgi/l/email-protection#72110700061b015c001b111a320110135c151d04"><span class="__cf_email__" data-cfemail="482b3d3a3c213b663a212b20083b2a29662f273e">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: This is a request for revisions of an
approved collection (OMB number: 3245-0394). The SBA Emerging Leaders
(EL) initiative was designed to strengthen and grow existing local
entrepreneur communities in historically distressed cities. The key
goals of the program are to (1) increase small business growth and
survival, and (2) promote economic growth in distressed communities by
providing employment opportunities as well as necessary goods and
services. To achieve these goals, the program offers executives of
high[hyphen]growth small businesses a five[hyphen]month executive
leader education series, free of charge, that provide the networks,
resources, and knowledge required to promote a sustainable business
growth, create jobs, and contribute to the economic well[hyphen]being
of local communities. In 2022, the program was revamped under the new
name, T.H.R.I.V.E. Emerging Leaders Reimagined. The revised program
provides training that customizes content for small businesses' unique
needs, increases accessibility through a virtual component, and
specifically promotes business ecosystem connections among business
owners, government agencies, and the financial community. This
information collection is necessary for SBA to understand the progress
made by the T.H.R.I.V.E. program toward achieving its goals.
The evaluation will be used to track participants' business growth,
to provide guidance to the program training contractor on areas for
additional assistance, and to increase SBA's understanding of the
program outcome trends. This evaluation aims to examine the program
participants' business growth outcomes including revenue, profits, job
creation, and business survival. The evaluation also describes the
population of program participants--their businesses, business
management practices, experiences with the program, and satisfaction
with and perceived effectiveness of the program. Over the previous
years, the evaluation results have helped to track the program
performance outcomes and provide suggestions for program improvements
to better facilitate small business growth. The results are also
expected to provide suggestions for improving future evaluations.
The following surveys are conducted with the program participants:
(1) the application form before the program enrollment, (2) the intake
survey before the training, (3) the module feedback form during the
training, (4) the feedback survey right after the graduation, and (5)
the follow-up survey annually up to three years after graduation. The
application form examines the eligibility status of the enrollees,
obtains their contact information, and asks for their business goals.
The data from the Intake survey is used to determine baseline levels of
business outcomes, the use of management practices, and the extent to
which the target population for the program is reached. The module
feedback form assesses the participants' experience with each of the
eight modules of the training program. The feedback survey is used to
measure participant satisfaction with the training activities and to
suggest training adjustments, if necessary. The annual follow-up survey
tracks changes in the small business owner's management practices and
business outcomes for three years after graduation from the program.
The data collection covers four cohorts of program participants. The
given year participants complete the application form, intake survey,
module feedback, and feedback survey. The three cohorts of participants
who graduated from the program one, two, and three years prior complete
the follow-up survey.
Solicitation of Public Comments
SBA is requesting comments on (a) Whether the collection of
information is necessary for the agency to properly perform its
functions; (b) whether the burden estimates are accurate; (c) whether
there are ways to minimize the burden, including through the use of
automated techniques or other forms of information technology; and (d)
whether there are ways to enhance the quality, utility, and clarity of
the information.
Summary of Information Collection
PRA Number: 3245-0394.
(1) Title: SBA Emerging Leaders.
Description of Respondents: Small business executives who
participated in the SBA's Emerging Leaders Reimagined program.
Total Estimated Annual Responses: 5,644.
Total Estimated Annual Hour Burden: 4,851.
Curtis B. Rich,
Agency Forms Manager.
[FR Doc. 2022-15172 Filed 7-14-22; 8:45 am]
BILLING CODE 8026-09-P
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