Daniel P. Hannaher, Regional Administrator, Region VIII Your first job brings more than just a steady paycheck – the experience teaches life and work skills that provide a life-long benefit long after the job is done. But as our nation continues to recover from the deepest recession since the Great Depression, American youth are struggling to get the work experience they need for jobs of the future. Starting a business, however small, is one viable option for creating jobs. All across Utah, there are young men and women dreaming of opening their own business. Some are looking to start the next social media phenomenon, or adding value as a 'creative' in marketing and graphic design, while others are focused on a business idea that fills an important niche on college campuses or in local communities. As I walk down the halls near my SBA office in downtown Denver, I often see young men and women waiting to speak with one of our small business counselors. It's invigorating to know that each and every day in this country someone wakes up with an idea and many of those ideas will eventually become a business. The SBA has the tools and resources these new entrepreneurs need to succeed. At the SBA, and across the Obama Administration, we know that young entrepreneurs are a valuable source of American innovation and long-term growth. And they need jobs now. With tenacity and a little planning, your idea can and will become a reality. Yes, you can create your own job. But you most likely cannot do it alone. SBA knows that young entrepreneurs have different sorts of needs – they are online and mobile; they're starting different kinds of businesses while working out of cafes or even dorm rooms. We've launched a new set of online tools with links to resources and free online courses geared specifically toward young entrepreneurs at http://www.sba.gov/content/young-entrepreneurs Take this course or listen to our podcast for the essential steps in starting your business. It will stimulate your thinking and move you forward on the path towards entrepreneurship. This and many of our tools were built by young people working for the SBA—they understand your generation. Throughout the region, I have recently spoken at a number of our SBA sponsored Young Entrepreneur Series (YES). These YES events provide an opportunity for young entrepreneurs to hear from SBA leadership about best practices in building their companies. Also, many colleges support entrepreneurship curricula and sponsor Entrepreneurship Day and other campus events. The new SBA online community also posts articles and advice from tens of thousands of small business owners and fledgling young entrepreneurs. You can join us at www.sba.gov/community. In addition to our YES program, we have many tools available for young entrepreneurs. We like to call these our "Three C's": capital, contracting, and counseling. We provide Capital through our government loan guarantees that are serviced by banks and credit unions, Contracting opportunities for small businesses in federal procurement (including special efforts for women, veterans and disadvantaged businesses) and we offer Counseling and training to over a million aspiring entrepreneurs each year. In terms of access to capital, one great example is SBA's microloan program. It provides low-cost, low-dollar loans to youth entrepreneurs and small business owners who need a small infusion of capital to start or expand their business. But no matter how old you are, or what your business is, SBA has resources to help you grow your business. Get in touch with your closest SBA district office or resource partner at www.sba.gov/direct. Date: 4/25/2012 - Dan Hannaher, SBA Regional Administrator | 
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