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20.910
To enter into successful partnerships between OSDBU and chambers of commerce, community-based organizations, colleges and universities, community colleges, or trade associations, to establish regional Small Business Transportation Resource Centers (SBTRCs) to provide business assessment, technical assistance, technical assistance referrals, business training, and the dissemination of information regarding DOT and DOT funded contracting opportunities, as well as OSDBU services to the Disadvantaged Business Enterprise (DBE) and Small Business (SB) community in their regions.
This chart shows obligations for the program by fiscal year. All data for this chart was provided by the
administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.
For more information on each of these data sources, please see the
About the data page.
a.) Conferences: The SBTRCs participate in conferences to share resources and knowledge within/beyond the transportation learning community, communicating to the public the needs and contributions of transportation. Also, to build partnership linkages in order to promote transportation programs in a seamless manner. We estimate in FY16 the SBTRCs will participate in 205 conferences and provide procurement assistance to an estimated 3,600 DBEs.
b.) Short-Term Lending Program (STLP) Workshops: The SBTRCs work with OSDBU’s STLP participating lenders to organize seminars and workshops on this accounts receivable financial access program that is available to eligible DBEs and small businesses. The seminars and workshops cover the entire STLP process, form completion of the STLP loan application and preparation of the loan package to approval and loan management. We estimate in FY16 the SBTRCs will conduct 52 workshops.
c.) Bonding Education Program (BEP) The SBTRCs in partnership with Surety and Fidelity Association of America (SFAA) combine classroom instruction and one-on-one meetings with surety professionals to help small businesses obtain a bonding line and apply that capacity to transportation related projects. This effort is facilitated by DOT’s network of regional offices, the SBTRCs around the country, as program partners whose role is to provide outreach, logistics, technical assistance, and coordination for the local program efforts. In FY16 will estimate the SBTRCs will conduct 68 Bonding Education Programs in various cities across the country.
d.) Women In Transportation Initiative An SBTRC created transportation-focused career awareness program designed to encourage young women to pursue careers in science, technology, engineering, and mathematics. The program also advances the development of professional potential by providing quality educational experiences, training, and employment opportunities to students interested in transportation related careers. Annually students are placed in internships with small businesses, federal, state, and local transportation agencies. The students gained valuable work experience to assist them in future career choices. We estimate in FY16 the SBTRCs will recruit 30 students to participate in the internship. a.) Conferences: The SBTRCs participate in conferences to share resources and knowledge within/beyond the transportation learning community, communicating to the public the needs and contributions of transportation. Also, to build partnership linkages in order to promote transportation programs in a seamless manner. We estimate in FY17 the SBTRCs will participate in 205 conferences and provide procurement assistance to an estimated 3,600 DBEs.
b.) Short-Term Lending Program (STLP) Workshops: The SBTRCs work with OSDBU’s STLP participating lenders to organize seminars and workshops on this accounts receivable financial access program that is available to eligible DBEs and small businesses. The seminars and workshops cover the entire STLP process, form completion of the STLP loan application and preparation of the loan package to approval and loan management. We estimate in FY17 the SBTRCs will conduct 65 workshops.
c.) Bonding Education Program (BEP) The SBTRCs in partnership with Surety and Fidelity Association of America (SFAA) combine classroom instruction and one-on-one meetings with surety professionals to help small businesses obtain a bonding line and apply that capacity to transportation related projects. This effort is facilitated by DOT’s network of regional offices, the SBTRCs around the country, as program partners whose role is to provide outreach, logistics, technical assistance, and coordination for the local program efforts. In FY17 will estimate the SBTRCs will conduct 26 Bonding Education Programs in various cities across the country.
d.) Women In Transportation Initiative An SBTRC created transportation-focused career awareness program designed to encourage young women to pursue careers in science, technology, engineering, and mathematics. The program also advances the development of professional potential by providing quality educational experiences, training, and employment opportunities to students interested in transportation related careers. Annually students are placed in internships with small businesses, federal, state, and local transportation agencies. The students gained valuable work experience to assist them in future career choices. We estimate in FY17 the SBTRCs will recruit 26 students to participate in the internship.
This program provided over 2,000 hours of business development counseling and technical assistance to over 900 small businesses. Additionally, the program assisted small business in obtaining over 25 million in contracting opportunities.
The Small Business Transportation Resource Center program provided the following:
We funded all of our SBTRCs, which implemented our technical assistance programs for small businesses in each region.
The dollar value of Non-Gov Funding Applications of small businesses totaled $1,036,272. Additionally, 1,385 unique small business counseling clients received a total over 2,500 hours of counseling hours.
We awarded 1new cooperative agreement, 2 optional 2nd year extensions, and 8 optional 3rd year extensions to fund the 11 SBTRCs, which implement our technical assistance programs to small businesses in each respective region.
Single Audit Applies (2 CFR Part 200 Subpart F):
For additional information on single audit requirements for this program, review the current Compliance Supplement.
OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.
