Small Business Jobs Act

The Small Business Jobs Act, enacted in 2010, aimed to support and boost small businesses in the U.S. by providing access to financing, creating jobs, and promoting growth. It increased loan guarantees for small business loans, offered tax incentives, and helped establish new funding programs. The Act also focused on improving the ability of small businesses to compete for federal contracts and access capital, ultimately fostering economic recovery and job creation in the wake of the financial crisis.