The Senate has approved an extra $107 million in funding for federal small-business programs overseen by the Small Business Administration.
A bill passed late last week by the Senate Appropriations Committee boosts funding for some of the agency's core programs by as much as 50%, including more resources for women, veterans and native Americans.
New funding will also be provided for a microloan program that was cut out of the agency's budget.
Since 2001, the SBA's operating budget has been reduced by over 30 percent.
Small Business Funding Boost
Posted by ArmadaIG under Raising CapitalFrom http://www.nytimes.com 5754 days ago
Made Hot by: on July 19, 2008 11:17 pm
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