The Venture Capital Infusions
From Entrepreneur.com : It’s not often that America’s small businesses get $2 billion in federal funds set aside just for them. But that’s what happened when President Obama signed the American Recovery and Reinvestment Act this February. Better known as the stimulus bill, the ARRA changed the rules for a little-known SBA program that loans money to qualified VC firms called Small Business Investment Corporations, or SBICs. [more...]
Date: 2009-09-09 14:00:00
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Small-Business Leaders Offer Stimulus Ideas
Entrepreneurs and their representatives convened on Capitol Hill yesterday to offer their suggestions for how the new Obama administration can craft ... a portion of Small Business Administration-backed loans for businesses that create new jobs with health ... , and this could be achieved through giving the SBA authority to grant and fully process small-bu [more...]
Date: 2009-01-15 15:01:12
Small-Business Leaders Offer Stimulus Ideas
Entrepreneurs and their representatives convened on Capitol Hill yesterday to offer their suggestions for how the new Obama administration can craft ... a portion of Small Business Administration-backed loans for businesses that create new jobs with health ... , and this could be achieved through giving the SBA authority to grant and fully process small-bu [more...]
Date: 2009-01-15 14:36:44
SBA Loans Plummet
During the first quarter of its 2009 fiscal year (which is the last three months of 2008), the Small Business Administration dropped the total number of loans it backed by 57 percent ... s loan, meaning that 7(a) loans are actually provided by lenders who participate with the SBA [more...]
Date: 2009-01-15 14:32:25
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