SBA announces Made in America Manufacturing Initiative

The U.S. Small Business Administration (SBA) has announced the agency’s new Made in America Manufacturing Initiative to support and empower small manufacturers.

“The great American comeback starts with restoring American industry,” says Kelly Loeffler, an SBA administrator. “With the Made in America Manufacturing Initiative, we’re slashing red tape, expanding access to capital and fueling a manufacturing resurgence that will create high-paying jobs and revitalize communities across the country. By prioritizing American-made products, we’re not just securing our economic dominance — we’re protecting our national security by ensuring the essential goods we rely on are produced right here at home. SBA’s initiative is a promise to every hardworking American and small business owner: We’re putting American jobs and strength first.”

As part of the Made in America Manufacturing Initiative, the SBA will:

• Cut $100 billion in regulation through the Office of Advocacy, which is empowered by law to work across federal agencies to identify and eliminate rules, policies, and procedures that disproportionately burden small businesses and manufacturers.
• Launch a Red Tape Hotline for small business owners and manufacturers to share feedback and submit onerous regulations for review.
• Deploy the newly announced Office of Manufacturing and Trade to offer small manufacturers dedicated resources and training in partnership with SBA field offices across the country.
• Reduce barriers to access for the 504 loan program, a zero-subsidy program which provides capital for real estate, construction, and equipment purchases. Zero-subsidy means the program operates without ongoing taxpayer funding and is sustained by borrower and lender fees.
• Expand the use of the 7(a) Working Capital Pilot program, which provides financing to fund inventory purchases and export-related expenses for international markets.
• Promote a skilled manufacturing workforce by partnering with agencies, trade schools and private sector stakeholders to create a pipeline of skilled workers to support manufacturing.
• Support President Donald Trump’s manufacturing agenda, including tariffs.