Karen Mills - Net Worth, Age, Height, Birthday, Bio, Wiki!

November 2024 · 8 minute read

Explore Karen Mills net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Karen Mills? Who is Karen Mills dating now & how much money does Karen Mills have?

NameKaren Mills
First NameKaren
Last NameMills
OccupationAdministrator
BirthdaySeptember 14
Birth Year1953
Place of BirthWellesley
Home TownMassachusetts
Birth CountryUnited States
Birth SignVirgo
Full/Birth Name
ParentsMelvin Gordon
SiblingsNot Available
SpouseBarry Mills
Children(s)Not Available

Karen Mills Biography

Karen Mills is one of the most popular and richest Administrator who was born on September 14, 1953 in Wellesley, Massachusetts, United States.

Karen Gordon Mills (born September 14, 1953) served as the 23rd Administrator of the U.S. Small Business Administration (SBA). She was nominated by President-elect Barack Obama on December 19, 2008, confirmed unanimously by the Senate on April 2, 2009, and sworn in on April 6, 2009. During her tenure, her office was elevated to the rank of Cabinet-level officer, expanding her power on policy decisions and granting her inclusion in the President’s cabinet meetings. On February 11, 2013, she announced her resignation as Administrator and left the post on September 1, 2013.

During the 1980s and 1990s, Mills invested in and managed several small manufacturing firms throughout the country, including producers of hardwood flooring, refrigerator motors, and plastic injection molding.

Created in 1953, the Small Business Administration operates in four key areas: expanding access to capital, increasing government contracting opportunities, entrepreneurial development, and disaster relief. The agency gained a higher profile under President Obama, who made small businesses a cornerstone of his effort to revive the economy in the wake of the Great Recession. Mills was confirmed as Administrator of the SBA at a critical time in early 2009 when the small business lending market had ground to a halt, including SBA-backed lending. She oversaw implementation of key provisions of President Obama’s American Recovery and Reinvestment Act of 2009, including the waiving of fees on SBA-backed loans and increasing the agency’s government guarantee on loans made by private sector lenders. The impact of these provisions were immediate with average weekly loan volume increasing by more than 60 percent. Leveraging bipartisan support for America’s small businesses, Mills led efforts for the passage of the Small Business Jobs Act of 2010, which was referred to at the time as the most significant piece of small business legislation in more than a decade. Among other things, the Act extended the successful Recovery Act loan provisions, raised the maximum size of SBA-guaranteed loans, expanded opportunities for small businesses competing for federal contracts, created the State Trade and Export grant program, provided $50 million in additional funding for Small Business Development Centers, and strengthened the agency’s oversight and enforcement tools. Under Mills, SBA also launched the Impact Fund pilot program, under the agency’s Small Business Investment Company program, with the goal of capitalizing investment funds that seek both financial and social return, as well as its first regional clusters initiative.

Karen Mills Net Worth

Karen is one of the richest Administrator from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Karen Mills's net worth $5 Million. (Last Update: January 13, 2024)

Net Worth$5 Million
SalaryUnder Review
Source of IncomeAdministrator
CarsNot Available
HouseLiving in own house.

In 2007, former Maine Governor John Baldacci appointed her to chair the state’s Council on Competitiveness and the Economy, which was focused on rural and regional development. She also served on the state’s Council for the Redevelopment of the Brunswick Naval Air Station.

Drawing on her experience working with regional innovation clusters, Mills authored a paper on the subject for the Brookings Institution in April, 2008.

Ethnicity, religion & political views

Many peoples want to know what is Karen Mills ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Karen Mills's ethnicity is Not Known. We will update Karen Mills's religion & political views in this article. Please check the article again after few days.

She went on to organize the creation of a specialty foods cluster in Maine, with specialty producers, such as Peak Organic Beer, taking advantage of Maine’s local agriculture. In 2007 she was appointed chair of Maine’s Council on Competitiveness and the Economy, where she focused on attracting investment in regional industries and rural areas of Maine.

Who is Karen Mills Dating?

According to our records, Karen Mills married to Barry Mills . As of January 13, 2024, Karen Mills’s is not dating anyone.

Relationships Record: We have no records of past relationships for Karen Mills. You may help us to build the dating records for Karen Mills!

In 2013, Mills also returned to her position as president of MMP Group, Inc., a firm that has invested in businesses in consumer products and services, food, textiles, and industrial components, and is the vice chairman of the board of the immigration services company Envoy Global. She also served on the board of the Maine Technology Institute, a nonprofit that invests in local technology companies and innovative small businesses. She is a member of the Council on Foreign Relations and previously served as a vice chairman of the Harvard Board of Overseers, the older, more consultative, and larger of the two Harvard governing bodies. In 2014, she was elected to fill a vacancy in the Harvard Corporation (made up of the President and Fellows of Harvard College), the University’s smaller governing body that is its principal fiduciary authority. She is also the recipient of the U.S. Navy’s Distinguished Public Service Award and a regular contributor to Fortune and other publications, writing primarily on the economy, small business and entrepreneurship.

Height, Weight & Body Measurements

Karen Mills height Not available right now. Karen weight Not Known & body measurements will update soon.

HeightUnknown
WeightNot Known
Body MeasurementsUnder Review
Eye ColorNot Available
Hair ColorNot Available
Feet/Shoe SizeNot Available

She is married to Barry Mills, who served as president of Bowdoin College from October 2001 to July 2015, and has three sons.

In January 2012, the position of Administrator of the SBA was elevated to the rank of Cabinet-level officer, expanding Mills’ power on policy decisions and granting her access to cabinet meetings. On February 11, 2013, she announced that she would resign as Administrator of the SBA, with President Obama saying that; “because of Karen’s hard work and dedication, our small businesses are better positioned to create jobs and our entire economy is stronger.” Mills left her position at SBA on September 1, 2013. She received praise for her leadership of the agency from the lending industry because of her work to tackle outdated regulations, bureaucracy and strengthening and simplifying the agency’s core loan programs. During her tenure, the agency supported more than $106 billion in lending to more than 193,000 small businesses, including two record years of SBA-backed lending and three record years of investments made through the Small Business Investment Company program. Additionally, in federal fiscal years 2011–13, $286.3 billion in federal contracts were awarded to small businesses, which was $32 billion more than the three previous years.

Facts & Trivia

Karen Ranked on the list of most popular Administrator. Also ranked in the elit list of famous people born in United States. Karen Mills celebrates birthday on September 14 of every year.

Since leaving the SBA, Mills has served as a Senior Fellow at the Harvard Business School and was previously a Senior Fellow at the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School . In July 2014, she released The State of Small Business Lending: Credit Access During the Recovery and How Technology May Change the Game, which looked at the structural and cyclical contributors to the severity of the credit crunch following the 2008–2009 recession and the slow recovery of the small business lending markets. It also examined the rapid growth, trends and impact of online lenders focused on the small business market. In November 2016, she co-authored The State of Small Business Lending: Innovation and Technology and Implications for Regulation Additionally, at HBS she has contributed research and recommendations on the link between entrepreneurship and middle class opportunity, including in the September 2015 U.S. Competitiveness project reports The Challenge of Shared Prosperity and Growth and Shared Prosperity. In both reports she authored sections considering the impact of the declining rate of new business startups on issues like income inequality and economic mobility, and offered recommendations on how to increase startup rates through a combination of policies focused on access to capital, skills training and the creation of entrepreneurial ecosystems. She is also a member of the Milstein Commission on Entrepreneurship and Middle Class Jobs at the University of Virginia’s Miller Center and a contributor to the commission’s January 2015 report Can Startups Save the American Dream? which proposed a series of “practical, meaningful measures that can generate consensus and advance America’s startup community in service of the middle class.” She is a Chair of the Advisory Committee for the Private Capital Research Institute, co-Chair of the Bipartisan Policy Center’s Main Street Finance Task Force, a member of the Milken Institute’s Fintech Advisory Committee, and serves on the Board of Directors of the National Bureau of Economic Research.

How tall is Karen Mills comedian?

Karen has faced every challenge with determination. She stands at 5’2″ and was told more than once that she was too short to play basketball.

How old is Karen Mills comedian?

About. Nationally touring comedian (23 yrs.)

Where was Karen Mills the comedian born?

Karen Mills
BornKaren Gordon September 14, 1953 Wellesley, Massachusetts, U.S.
Political partyDemocratic
SpouseBarry Mills
EducationHarvard University (AB, MBA)

Where did Karen Mills play basketball?

She started playing basketball in the 3rd grade and eventually earned a full scholarship to the University of Tennessee @ Chattanooga. In 1981, Karen led the nation in assists and became the first Division 1, first-team All American in UT-Chattanooga’s history, male or female.

You may read full biography about Karen Mills from Wikipedia.

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