# SBA Recognizes Content Creators as Small Businesses

> SBA new guidance helps TikTokers and YouTubers access federal contracts and loans.
- Title: SBA Recognizes Content Creators as Small Businesses · Inc
- Summary: SBA new guidance helps TikTokers and YouTubers access federal contracts and loans. The SBA has created a federal small business classification for content…
- Keywords: sba, content creators, federal contracts, government loans, naics code, tiktok, you tube, Recognizes, Content, Creators, Small, Businesses
- Source: Inc — https://inc.com/melissa-angell/are-you-a-content-creator-heres-how-the-sbas-new-guidance-could-help-you-get-funding/91422681
- Read time: 1 min
- Topics: sba, content creators, federal contracts, government loans, naics code, tiktok, you tube
## SBA New Guidance
The Small Business Administration officially recognizes content creators as small businesses, making it easier for TikTokers and YouTubers to access federal contracts and government-backed capital.
## Expanded NAICS Code
The SBA expanded a specific NAICS code (North American Industry Classification System) to include 27 million content creators under the Motion Picture and Video Industries category.
## Nicole Nason's Statement
TikTok’s Nicole Nason, who heads the company’s public policy, praised the announcement: 'This historic guidance places the SBA at the forefront of the creator economy and establishes clear pathways for modern entrepreneurs to expand their…

> This historic guidance places the SBA at the forefront of the creator economy and establishes clear pathways for modern entrepreneurs to expand their reach, create jobs, and fuel local economies
## Previous Challenges
Online creators previously lacked clear guidance on the NAICS code that best reflects their integrated business models, making it difficult to access SBA resources.
## Motion Picture Code Details
The Motion Picture and Video Industries code allows companies bringing in up to $40 million in revenue to qualify as small businesses, though the SBA has received requests for exceptions for content creators.
## SBA Feedback Timeline
The SBA will consider exceptions for content creators as it continues to receive feedback on its proposed rule, which is open to public comment until November 20.
## Creator Economy Impact
YouTube claims its creative ecosystem injected $60 billion toward the country’s GDP last year, highlighting the economic significance of the creator economy.
## Key takeaway

The SBA has created a federal small business classification for content creators, allowing them to access government contracts and loans through the Motion Picture and Video Industries NAICS code.