Small Business Administration

More from the Summit for a Sustainable Economy

The American Sustainable Business Council had a very good Summit for a Sustainable Economy at the White House yesterday.  In addition to the morning’s panel on sustainable economic growth that I moderated, I also facilitated a breakout group on small business taxes and revenue in the afternoon with a representative…

Procurement codes need small-business bulldogs

State Senator Jake Knotts of Lexington County, South Carolina, is angry.  Recently a school district in his county gave the contract to build a new school to a big Chinese general contractor that had the low bid.  Senator Knotts shares the outrage of many of his constituents.  While a local…

Small Business Strategies: Obama’s proposal could hurt

By Rhonda Abrams, USA TODAY January 20, 2012 Want an SBA loan? Don’t bother applying if you needed less than a few hundred thousand dollars. In looking at President Obama‘s just-announced proposal to combine the SBA with five other agencies, I’m fearful we’ll soon return to the days when small…

SBA under attack

When the federal government was bailing out big banks, Wall Street’s corporate America, Fannie and Freddie; one important federal financial program stayed solvent—the Small Business Administration.  The SBA’s primary job is simply to encourage private financial institutions to make small business loans that they might otherwise not do.  The SBA…

Here’s a change—Action instead of talk

Once again we are hearing the popular political refrain about small business being crucial to leading us out of the current economic malaise.  Yesterday President Obama announced his proposal that he believes will boost rural, small business economic development. According to a Bloomberg report  the President’s plan will include: (E)xpanded loan…