New regional SBA administrator appointed

Betsy Markey
Betsy Markey

A former entrepreneur who’s served in Congress and held positions with several federal agencies has been appointed regional administrator of the U.S. Small Business Administration.

Betsy Markey will oversee SBA programs and services in Region VIII, which includes Colorado as well as Montana, North Dakota, South Dakota and Wyoming. Markey succeeds Matt Varilek and works out of the regional SBA office in Denver.

Markey co-founded the Syscom Services software firm, at one time one of the fastest-growing privately held firms in the country. She also owned Huckleberry’s Coffee Shop in Fort Collins.

Markey represented Colorado’s 4th Congressional District between 2009 and 2011.

She held positions at the Treasury Department and Customs Service before joining the State Department to develop computer security policies and created the first comprehensive computer security training program. Most recently, she served as assistant secretary for intergovernmental affairs at the Department of Homeland Security.

Markey holds a bachelor’s degree in political science from the University of Florida and a master’s of public administration degree from American University in Washington, D.C.

“Betsy brings her keen insights and business acumen as a small business owner and her knowledge of the inner workings of government as a lawmaker to this critical economic region and will know how to get things done,” said SBA Administrator Maria Contreas-Sweet. “Her energy, commitment to and passion for the people of these states assures me she will be a strong voice and also make her a perfect fit for this important role. She will ensure our core services of access to capital, counseling and contracting are reaching entrepreneurs and innovators in these important states and across the country.”

Markey said, “I am honored at the opportunity to join the SBA team and thank Administrator Contreras-Sweet for the chance to serve President Obama’s administration in the final but most important quarter. I look forward to serving the innovative entrepreneurs of Colorado, Montana, North Dakota, South Dakota, Utah and Wyoming and making small business a big deal.”