This summer, I had the opportunity to intern in Washington DC at the U.S. Small Business Administration (SBA).
The Small Business Administration (SBA) was created in 1953 as an independent agency of the U.S. Federal Government to aid, counsel, assist, and protect the interests of small business enterprises. The mission of the SBA is to reach into the corners of the United States to promote entrepreneurship, small business growth, and to strengthen the U.S. economy by providing the critical funding, counseling, oversight, and administrative support to small business.
The most relevant of my tasks were:
- Oversaw the policies, regulations, and constraints that affect small business creation and expansion
- Develop recommendations, policies, and technical assistance tools for small businesses
- Participate in international trade projects
- Development of entrepreneurial initiatives to support the creation of small business
- Meetings with foreign business delegations
This internship experience was an incredible tool for my professional profile since most of my previous professional experience was mainly in the Mexican governmental sector designing public policy projects. However, the most effective policy against poverty, marginalization and inequality is labor income. Thus, the SBA was the best place for understanding these factors and how they interact together to create economic prosperity.
Finally, my internship at the SBA provided me with a greater understanding about how to strengthen small and medium enterprises, which in the end means greater levels of prosperity and opportunities for lower social classes. Moreover, this internship taught me that an effective government with a dynamic private sector is the most powerful combination for economic and social progress.