SBA Asks for Feedback on Prize Contest Data Collection Rules
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, send them by June 15, 2026—this could affect anyone entering SBA prize competitions and how smoothly they run.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
SBA Prize Competition Data Collection
If you enter an SBA prize competition, the SBA will collect information to register, judge, administer prizes, and evaluate contests. The notice 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. Information collected may include contact details, structured data about entries, financial and performance data, and quantitative and qualitative judging scores.
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