January 30th, 2010 by Jeff Keihl
Four months ago I wrote a post about federal stimulus for small businesses. Here is an update.
The prior stimulus bill focused on trying to make it easier for small businesses to secure credit and added a few tax breaks. Business owners I talked to were not in a position to consider more funding for two reasons.
- They were wary about adding debt to expand given the current economy.
- They were already in such a tough position that they would not be able to qualify for more funding.
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September 22nd, 2009 by Jeff Keihl
Legislation called the “American Recovery and Reinvestment Act of 2009, ” or simply the Recovery Act, was passed in February 2009 to help stimulate the economy. Much was made in the press about the money the bill would generate for states and government projects.
What are the benefits for small business and technology? Here are some links that should help clarify the legislation’s intentions. The jury is still out on how many small businesses will benefit.
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