Obama Names SBA Chief

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President-elect Barack Obama, former Congressman and Transportation Secretary-designate Ray LaHood, and SBA chief-designate Karen Mills (Source: changedotgov)

President-elect Barack Obama selected Karen Mills of Brunswick, Maine, to head the Small Business Administration.

“To strengthen our economy, we must also strengthen the small businesses that are its backbone,” said Obama in announcing his choice. “With Karen at the helm, America’s small businesses will have a partner in Washington, helping them create jobs and spur growth in communities across this country.  “With a background in the private sector and experience helping Maine’s governor promote growth across the state, I am confident that Karen will lead an SBA that will not only help small business owners realize their dreams, but help our nation rebuild our economy. “

Mills is a venture capitalist and a founding partner of the New York-based equity firm Solera Capital. She has been an adviser to Maine Gov. John Baldacci on economic matters and is the chairperson of the Maine’s Council on Competitiveness and the Economy. She has been part of Obama’s SBA transition team.

“Karen Mills brings impressive private sector experience to the SBA, an agency the current Administration greatly underutilized,” said Sen. Mary L. Landrieu (D-La.), the incoming Chair of the Senate Small Business and Entrepreneurship Committee. “Now more than ever, the SBA needs a strong leader with renewed purpose. American small businesses deserve a true champion, and Karen Mills, an entrepreneur who has also been a key advisor to Maine Governor Baldacci, brings the right mix of credentials to this important position.  … I look forward to working with her to strengthen the SBA into an agency that can be a true lifeline for small businesses and that can spur job creation in this challenging economic time.”

  • Barbara Whitlow

    Welcome to SBA, My Company is Lows Enterprise, minority owned Electronic Mfg. Firm, located in Atlanta, Ga. my cage code is 1DL96, I have been in business for over 25 years. I was employed by the DOD, working as an internal auditor in contracts adm. I have gained exceptioal experience as a contractors. I would like to share my experience as a SDB contractor dealing with one of the major Prime Contractor in the USA.
    It has simply been misused.

    I would like to share my story. There is so much room for Kick back, Fraud, ect. I call it a Blank
    Check for these Prime Contractors.

    My cell number is 404-216-5001, If you want to create jobs for America I would like to share my experience. I was 8(a) from 1984-1996, did very well, but when I became a SDB I did well on bidding contracts, because I had the 10% prefrence, But when SBA change the program to allow these Prime Contractor to control the program, and the SDB name not showing they do not use the SDB that suping the SDB cert, they allow there male friends to use them. Also most of the small business MFG goes to Mexico (Prime Contractor Lockheed Martin)

    Ms. Joyce Thruman one of your SAUBO knows me wells Joyce number here in Atlanta is