Small Business Funding Boost

Small Business Funding Boost - http://www.nytimes.com Avatar Posted by ArmadaIG under Raising Capital
From http://www.nytimes.com 4678 days ago
Made Hot by: on July 19, 2008 11:17 pm
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.

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Share your small business tips with the community!
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Share your small business tips with the community!