SBA Opens Comments on Prize Contest Data Collection Methods
Published Date: 4/15/2026
Notice
Summary
The Small Business Administration (SBA) wants your thoughts on a new way to collect info for prize contests that help small businesses shine. This info helps pick winners, run the contests, and see how well they work. If you have ideas or concerns, speak up by June 15, 2026—this could affect how small businesses compete and win prizes!
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Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
SBA Prize Contest Data Collection Burden
If you enter an SBA prize competition, the agency plans to collect identifying/contact details, structured data about your entry, financial and performance data, and judging scores to administer and evaluate contests under the America COMPETES Act. SBA estimates up to 2,000 annual responses and a total annual burden of 10,000 hours; comments on this collection are due by June 15, 2026.
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