[Federal Register Volume 81, Number 94 (Monday, May 16, 2016)]
[Notices]
[Page 30412]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-11504]


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SMALL BUSINESS ADMINISTRATION


Reporting and Recordkeeping Requirements Under OMB Review

AGENCY: Small Business Administration.

ACTION: 30-Day notice.

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SUMMARY: The Small Business Administration (SBA) is publishing this 
notice to comply with requirements of the Paperwork Reduction Act (PRA) 
(44 U.S.C. Chapter 35), which requires agencies to submit proposed 
reporting and recordkeeping requirements to OMB for review and 
approval, and to publish a notice in the Federal Register notifying the 
public that the agency has made such a submission. This notice also 
allows an additional 30 days for public comments.

DATES: Submit comments on or before June 15, 2016.

ADDRESSES: Comments should refer to the information collection by name 
and/or OMB Control Number and should be sent to: Agency Clearance 
Officer, Curtis Rich, Small Business Administration, 409 3rd Street 
SW., 5th Floor, Washington, DC 20416; and SBA Desk Officer, Office of 
Information and Regulatory Affairs, Office of Management and Budget, 
New Executive Office Building, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Curtis Rich, Agency Clearance Officer, 
(202) 205-7030 [email protected].
    Copies: A copy of the Form OMB 83-1, supporting statement, and 
other documents submitted to OMB for review may be obtained from the 
Agency Clearance Officer.

SUPPLEMENTARY INFORMATION: The Emerging Leaders Initiative aims to 
assist established small businesses located in historically challenged 
communities with increasing their sustainability, attracting outside 
investment, and strengthening each community's economic base by 
creating jobs and providing valuable goods and services. These 
objectives are pursued by offering eligible business executives a 7-
month intensive course focused on the skills essential to develop their 
companies, expand their resource networks, and increase their 
confidence and motivation. The course is designed to be hands-on and is 
composed of classroom sessions, out-of-class preparation work, and 
executive mentoring groups where participants can discuss their 
challenges. A broad range of topics is covered in the curriculum, 
including financial measures of business health, strategies for 
marketing, access to funding, and employee management and recruitment.
    SBA plans to conduct annual performance-monitoring activities to 
assess the short- and intermediate-term outcomes of participants in the 
Emerging Leaders Initiative. The broad outcomes assessed will include 
satisfaction, changes in management behavior, and changes in economic 
outcomes, such as loans obtained and jobs created. Specifically, SBA 
plans to implement three instruments with the participants in each 
cohort: An intake assessment form at the start of the program to 
document baseline conditions, a satisfaction-oriented feedback form at 
the end of the program, and an annual outcome-oriented survey for 3 
years after program completion. The latter instrument will document 
changes in key outcomes over a longer period, because job growth, 
revenue growth, profitability, and other economic outcomes of program 
participation are expected to manifest in the intermediate and long 
terms.

Solicitation of Public Comments

    Title: Emerging Leaders Initiatives.
    Description of Respondents: Small Businesses located in 
historically challenged communities.
    Form Number: N/A.
    Estimated Annual Responses: 3,474.
    Estimated Annual Hour Burden: 1,340.

Curtis B. Rich,
Management Analyst.
[FR Doc. 2016-11504 Filed 5-13-16; 8:45 am]
 BILLING CODE 8025-01-P