Saturday, June 23, 2007

Small Business is Good Business

It's my firm opinion that small business are the backbone of our country. They hire people and keep them. They run the small manufacturing shops and independent stores and places in our neighborhood. They contribute more to the GDP than the big companies that get all the press, and they employ more people too. They are the lifeblood of our nation.

So I was very happy to see the Small Business Administration (SBA) Entrepreneurial Development Act that was introduced by Rep. Joe Sestak was passed in the House a few days ago and now moves to the Senate.

Inc.com says:
The SBA Entrepreneurial Development Act, introduced by Rep. Joe Sestak (D-Pa.) will expand the role of both Small Business Development Centers and SCORE programs in helping small-business owners deal with rising Health-care and energy costs, among other challenges.
Two other bills will provide additional services at Women Business Centers and Veterans Business Outreach Centers, while a third creates a customized program for Native American entrepreneurs.
Recent studies show that small-business start-ups that seek government assistance have a better chance of succeeding.

For more on this bill, see the Library of Congress / Thomas listing or GovTrack.us. H.R. 2359--110th Congress (2007): SBA Entrepreneurial Development Programs Act of 2007, GovTrack.us (database of federal legislation) or GovTrack.us. H.R. 2359--110th Congress (2007): SBA Entrepreneurial Development Programs Act of 2007.

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