15 U.S.C. § 631 : US Code - Section 631: Declaration of policy

    (a) Aid, counsel, assistance, etc., to small business concerns
      The essence of the American economic system of private enterprise
    is free competition. Only through full and free competition can
    free markets, free entry into business, and opportunities for the
    expression and growth of personal initiative and individual
    judgment be assured. The preservation and expansion of such
    competition is basic not only to the economic well-being but to the
    security of this Nation. Such security and well-being cannot be
    realized unless the actual and potential capacity of small business
    is encouraged and developed. It is the declared policy of the
    Congress that the Government should aid, counsel, assist, and
    protect, insofar as is possible, the interests of small-business
    concerns in order to preserve free competitive enterprise, to
    insure that a fair proportion of the total purchases and contracts
    or subcontracts for property and services for the Government
    (including but not limited to contracts or subcontracts for
    maintenance, repair, and construction) be placed with small-
    business enterprises, to insure that a fair proportion of the
    total sales of Government property be made to such enterprises, and
    to maintain and strengthen the overall economy of the Nation.
    (b) Assistance to compete in international markets
      (1) It is the declared policy of the Congress that the Federal
    Government, through the Administrator of the Small Business
    Administration, acting through the Associate Administrator for
    International Trade, and in cooperation with the Department of
    Commerce and other relevant State and Federal agencies, should aid
    and assist small businesses, as defined under this chapter, to
    increase their ability to compete in international markets by - 
        (A) enhancing their ability to export;
        (B) facilitating technology transfers;
        (C) enhancing their ability to compete effectively and
      efficiently against imports;
        (D) increasing the access of small businesses to long-term
      capital for the purchase of new plant and equipment used in the
      production of goods and services involved in international trade;
        (E) disseminating information concerning State, Federal, and
      private programs and initiatives to enhance the ability of small
      businesses to compete in international markets; and
        (F) ensuring that the interests of small businesses are
      adequately represented in bilateral and multilateral trade
      negotiations.

      (2) The Congress recognizes that the Department of Commerce is
    the principal Federal agency for trade development and export
    promotion and that the Department of Commerce and the Small
    Business Administration work together to advance joint interests.
    It is the purpose of this chapter to enhance, not alter, their
    respective roles.
    (c) Aid for agriculturally related industries; financial assistance
      It is the declared policy of the Congress that the Government,
    through the Small Business Administration, should aid and assist
    small business concerns which are engaged in the production of food
    and fiber, ranching, and raising of livestock, aquaculture, and all
    other farming and agricultural related industries; and the
    financial assistance programs authorized by this chapter are also
    to be used to assist such concerns.
    (d) Use of assistance programs to establish, preserve, and
      strengthen small business concerns
      (1) The assistance programs authorized by sections 636(i) and
    636(j) of this title are to be utilized to assist in the
    establishment, preservation, and strengthening of small business
    concerns and improve the managerial skills employed in such
    enterprises, with special attention to small business concerns (1)
    located in urban or rural areas with high proportions of unemployed
    or low-income individuals; or (2) owned by low-income individuals;
    and to mobilize for these objectives private as well as public
    managerial skills and resources.
      (2)(A) With respect to the programs authorized by section 636(j)
    of this title, the Congress finds - 
        (i) that ownership and control of productive capital is
      concentrated in the economy of the United States and certain
      groups, therefore, own and control little productive capital;
        (ii) that certain groups in the United States own and control
      little productive capital because they have limited opportunities
      for small business ownership;
        (iii) that the broadening of small business ownership among
      groups that presently own and control little productive capital
      is essential to provide for the well-being of this Nation by
      promoting their increased participation in the free enterprise
      system of the United States;
        (iv) that such development of business ownership among groups
      that presently own and control little productive capital will be
      greatly facilitated through the creation of a small business
      ownership development program, which shall provide services,
      including, but not limited to, financial, management, and
      technical assistance.(!1)

        (v) that the power to let Federal contracts pursuant to section
      637(a) of this title can be an effective procurement assistance
      tool for development of business ownership among groups that own
      and control little productive capital; and
        (vi) that the procurement authority under section 637(a) of
      this title shall be used only as a tool for developing business
      ownership among groups that own and control little productive
      capital.

      (B) It is therefore the purpose of the programs authorized by
    section 636(j) of this title to - 
        (i) foster business ownership and development by individuals in
      groups that own and control little productive capital; and
        (ii) promote the competitive viability of such firms in the
      marketplace by creating a small business and capital ownership
      development program to provide such available financial,
      technical, and management assistance as may be necessary.
    (e) Assistance to victims of floods, etc., and those displaced as
      result of federally aided construction programs
      Further, it is the declared policy of the Congress that the
    Government should aid and assist victims of floods and other
    catastrophes, and small-business concerns which are displaced as a
    result of federally aided construction programs.
    (f) Findings; purpose
      (1) with (!2) respect to the Administration's business
    development programs the Congress finds - 

        (A) that the opportunity for full participation in our free
      enterprise system by socially and economically disadvantaged
      persons is essential if we are to obtain social and economic
      equality for such persons and improve the functioning of our
      national economy;
        (B) that many such persons are socially disadvantaged because
      of their identification as members of certain groups that have
      suffered the effects of discriminatory practices or similar
      invidious circumstances over which they have no control;
        (C) that such groups include, but are not limited to, Black
      Americans, Hispanic Americans, Native Americans, Indian tribes,
      Asian Pacific Americans, Native Hawaiian Organizations, and other
      minorities;
        (D) that it is in the national interest to expeditiously
      ameliorate the conditions of socially and economically
      disadvantaged groups;
        (E) that such conditions can be improved by providing the
      maximum practicable opportunity for the development of small
      business concerns owned by members of socially and economically
      disadvantaged groups;
        (F) that such development can be materially advanced through
      the procurement by the United States of articles, equipment,
      supplies, services, materials, and construction work from such
      concerns; and
        (G) that such procurements also benefit the United States by
      encouraging the expansion of suppliers for such procurements,
      thereby encouraging competition among such suppliers and
      promoting economy in such procurements.

      (2) It is therefore the purpose of section 637(a) of this title
    to - 
        (A) promote the business development of small business concerns
      owned and controlled by socially and economically disadvantaged
      individuals so that such concerns can compete on an equal basis
      in the American economy;
        (B) promote the competitive viability of such concerns in the
      marketplace by providing such available contract, financial,
      technical, and mangement (!3) assistance as may be necessary; and

        (C) clarify and expand the program for the procurement by the
      United States of articles, supplies, services, materials, and
      construction work from small business concerns owned by socially
      and economically disadvantaged individuals.
    (g) Assistance to disaster victims under disaster loan program
      In administering the disaster loan program authorized by section
    636 of this title, to the maximum extent possible, the
    Administration shall provide assistance and counseling to disaster
    victims in filing applications, providing information relevant to
    loan processing, and in loan closing and prompt disbursement of
    loan proceeds and shall give the disaster program a high priority
    in allocating funds for administrative expenses.
    (h) Assistance to women owned business
      (1) With respect to the programs and activities authorized by
    this chapter, the Congress finds that - 
        (A) women owned business has become a major contributor to the
      American economy by providing goods and services, revenues, and
      jobs;
        (B) over the past two decades there have been substantial gains
      in the social and economic status of women as they have sought
      economic equality and independence;
        (C) despite such progress, women, as a group, are subjected to
      discrimination in entrepreneurial endeavors due to their gender;
        (D) such discrimination takes many overt and subtle forms
      adversely impacting the ability to raise or secure capital, to
      acquire managerial talents, and to capture market opportunities;
        (E) it is in the national interest to expeditiously remove
      discriminatory barriers to the creation and development of small
      business concerns owned and controlled by women;
        (F) the removal of such barriers is essential to provide a fair
      opportunity for full participation in the free enterprise system
      by women and to further increase the economic vitality of the
      Nation;
        (G) increased numbers of small business concerns owned and
      controlled by women will directly benefit the United States
      Government by expanding the potential number of suppliers of
      goods and services to the Government; and
        (H) programs and activities designed to assist small business
      concerns owned and controlled by women must be implemented in
      such a way as to remove such discriminatory barriers while not
      adversely affecting the rights of socially and economically
      disadvantaged individuals.

      (2) It is, therefore, the purpose of those programs and
    activities conducted under the authority of this chapter that
    assist women entrepreneurs to - 
        (A) vigorously promote the legitimate interests of small
      business concerns owned and controlled by women;
        (B) remove, insofar as possible, the discriminatory barriers
      that are encountered by women in accessing capital and other
      factors of production; and
        (C) require that the Government engage in a systematic and
      sustained effort to identify, define and analyze those
      discriminatory barriers facing women and that such effort
      directly involve the participation of women business owners in
      the public/private sector partnership.
    (i) Prohibition on use of funds for individuals not lawfully within
      United States
      None of the funds made available pursuant to this chapter may be
    used to provide any direct benefit or assistance to any individual
    in the United States if the Administrator or the official to which
    the funds are made available receives notification that the
    individual is not lawfully within the United States.
    (j) Contract bundling
      In complying with the statement of congressional policy expressed
    in subsection (a) of this section, relating to fostering the
    participation of small business concerns in the contracting
    opportunities of the Government, each Federal agency, to the
    maximum extent practicable, shall - 
        (1) comply with congressional intent to foster the
      participation of small business concerns as prime contractors,
      subcontractors, and suppliers;
        (2) structure its contracting requirements to facilitate
      competition by and among small business concerns, taking all
      reasonable steps to eliminate obstacles to their participation;
      and
        (3) avoid unnecessary and unjustified bundling of contract
      requirements that precludes small business participation in
      procurements as prime contractors.