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FEDERAL EFFORTS TO ASSIST MINORITY BUSI
FACTORS INFLUENCING SUCCESS AND FAILURE
443 businesses acceptable failure rate Angeles assistance to minority bank loans business problems business success Chicago classified as probable direct loans Economic Opportunity Act evaluation existing businesses expanded program failures and probable Federal effort fiscal year l972 funds increase June 30 lack of managerial LBDOs loan applications loan disbursement loans to minorities management and technical management assistance provided managerial capability managerial experience million in fiscal minority borrowers Minority Business Enterprise minority businessmen minority enterprise effort minority loans minority-owned businesses nesses Number of businesses number of loans number of successful Number Percent Number Office of Minority OMBE affiliates OMBE's Operation Business Mainstream personnel probable failures provided to minority recommendations region 9 sample SBA Administrator SBA officials SBA's SCORE volunteers section 406 contractors section 406 grantees section 7(a Small Business Act Small Business Administration success or failure successful minority businesses technical and management technical assistance Total Undeterminable Washington