Peter Gibbs

Coordinator of Surety and Mentoring

Lt. Col. (Ret.) Peter C. Gibbs is a highly accomplished individual who has demonstrated exceptional leadership both in his military career and civilian endeavors. Gibbs has dedicated his life to a path of service and leadership.

Gibbs pursued higher education at Central State University, where he earned a Bachelor of Science degree in Accounting. In 1984, he commissioned into the United States Army Reserve, marking the beginning of his distinguished military journey. Over the course of 27 years, Gibbs displayed unwavering dedication and exceptional leadership skills in various roles, both domestically and overseas. He proudly served his country during two deployments to the Middle East in support of the Global War on Terror, demonstrating his commitment to defending freedom and promoting peace.

Throughout his military career, Gibbs earned the respect and admiration of his peers and superiors for his exemplary service and leadership. He exemplified the values of integrity, honor, and selfless dedication, leaving a lasting impact on those who served alongside him.

Gibbs has dedicated over 30 years of his civilian career to supporting small and emerging businesses through the programs developed by the Small Business Administration (SBA). With a strong focus on economic development, wealth creation, and job opportunities in low-income areas, Peter has made a lasting impact in his various leadership roles.
Throughout his career, Peter held key positions within the SBA, including serving as the Director of the Office of Surety Guarantees (OSG) for 16 years. In this role, he successfully established federal partnerships with leading Surety Companies worldwide, enabling small businesses across the United States to access over $9 billion in surety bond credit annually. Peter’s strategic vision and expertise were instrumental in launching and managing programs that provided essential financial support to entrepreneurs, allowing them to pursue growth and success.
In addition to his role in the OSG, Peter also served as the Deputy Director of the Office of New Markets Venture Capital for 14 years. Through this position, he played a significant role in expanding access to capital for underrepresented businesses, fostering innovation, and stimulating economic growth in underserved communities.
After retiring from the United States Small Business Administration (SBA) in August 2021, Gibbs embarked on a new entrepreneurial journey by establishing his own business in Bowie, MD. He founded Foundation Surety & Insurance Solutions, a company dedicated to providing vital financial support and insurance solutions to small and emerging businesses.
Under Gibbs’ leadership, Foundation Surety forged strategic partnerships with renowned national companies such as International Fidelity Insurance Company, National Mutual Insurance Company, The Hartford, and Liberty Mutual Insurance Company. These partnerships enabled Foundation Surety to offer a wide range of financial and insurance services tailored to the specific needs of small businesses.
Through Gibbs’ keen direction and expertise, Foundation Surety has become a trusted resource for many small and emerging businesses seeking the financial capital necessary to jumpstart their organizations and take them to new heights. His commitment to empowering entrepreneurs and facilitating their growth has made a significant impact on the success of numerous ventures.
As the visionary behind Foundation Surety, Gibbs continues to leverage his extensive experience in the small business sector to help entrepreneurs overcome financial hurdles and achieve their goals. Through his business, he remains dedicated to supporting and empowering small businesses, fostering economic development, and driving innovation in the communities he serves.
Peter C. Gibbs is a recognized leader in the field of small business development and has made a lasting impact through his dedication, expertise, and commitment to empowering entrepreneurs.
As President, he continues to contribute his vast knowledge and experience in the private sector, expanding access to programs that have proven instrumental in driving the growth and success of small businesses across the nation.