Federal News
Colorado Delegation Urges SBA to Release SBDC Funds
March 24, 2026
Colorado's congressional delegation, led by Senator Michael Bennet, is pressing the Small Business Administration (SBA) to immediately release over $2.25 million in 2026 funding for the Colorado Small Business Development Center (SBDC). This funding includes a critical $742,000 portion from the 2026 Continuing Resolution 1 (CR1) that most SBDC networks received by early February. The delay in issuing a Notice of Award and spend authority risks service reductions and staff layoffs, particularly impacting rural small businesses across Colorado.
- Why this matters: Procurement professionals should note the urgency in SBA's funding release as it directly affects the operational capacity of the Colorado SBDC, a key resource for small business support.
- The funding delay signals potential disruptions in small business assistance programs, which may affect contractors and vendors providing related services.
- Organizations involved in small business development and support services in Colorado should prepare for possible adjustments in contract timelines or scopes due to funding uncertainties.
- This situation highlights the importance of monitoring federal agency spend authority releases to anticipate impacts on state-level economic development initiatives.
As of writing, Colorado27s SBDC has not received a Notice of Award for its 2026 funding totaling more than $2.25 million, including its 2026 CR1 portion of $742,000 awarded to most SBDC Networks by early February. We urge you to release Colorado SBDC27s spend authority immediately and request additional explanation for the agency27s delay.
— Colorado Congressional Delegation
Agencies
Small Business Administration, United States Senate, United States House of Representatives
Contracts
$2.25 million