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SBA Administrator Karen Mills announced today the U.S. Small Business Administration's support for 10 regional economic development and job creation efforts through a new pilot program, "Innovative Economies."

The pilot program supports small businesses participation in regional economic "clusters" - collaborations between small businesses, the public sector, economic development and other organizations.

"Maximizing a region's economic assets is one of the best ways to create long term job growth, and that's what SBA's new Innovative Economies pilot initiative is doing," Mills said. "Today we are announcing funding support for 10 regional economic clusters. SBA's support will help expand the opportunities and the role small businesses play in these regional collaborations, which are enhancing the ability to create jobs locally and compete on a national and global scale."

To read the full, original article click on this link: SBA Announces Support for 10 Regional 'Innovative Economies' Clusters, Local Job Creation