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Startup Spark

July 9th, 2008

Is the new SBA chief really small business oriented?

I’ve been wondering about your opinion on something.
If you haven’t heard, on June 25th President Bush appointed a new chief of the Small Business Administration (SBA). The thing is, for the third time in a row, the appointed chief, Sandy Baruah, has very little small business experience. 
Not only has he never run a company of […]

By ShannonCherry -- 2 comments

June 18th, 2008

New site can help you with the new tax incentives

The Small Business Administration launched a new online resource center to help small business owners understand the tax incentives in the 2008 economic stimulus package.
The stimulus package, signed into law earlier this year, includes an increase in the deduction of equipment purchases to $250,000, from $128,000. In addition, businesses can deduct up to 50 percent […]

By ShannonCherry -- 1 comment

May 13th, 2008

SBA to offer additional help

The Small Business Administration (SBA) is offering a new program called Emerging 200.
It will target 200 business owners across the nation who could benefit from low-interest loans, working with mentors and participating in workshops and classes.
Here’s the catch: your business MUST be located in one of the following areas: Boston; Baltimore; Chicago; Philadelphia; Atlanta; New […]

By ShannonCherry -- 0 comments

April 22nd, 2008

Do you care it’s National Small Business Week?

This week is National Small Business Week.
And the answer to my informal poll of small business owners in my area is, “So what. How Cares?!?” Or “Really? I had no clue.”
And frankly, that’s pretty much my thought about it, too.
Although billed by the Small Business Administration (SBA) as a five-day event intended to spotlight the […]

By ShannonCherry -- 0 comments

April 10th, 2008

Get the Money You Need for Your Startup

Money, dinero, argent, soldi, whatever you call it, a startup needs it desperately. But it’s not always the easiest thing to get a hold of.
So what do you do if you have a fantastic idea but no funds to back it up? If you have no real credit history and limited other resources (family, friends, […]

By ShannonCherry -- 0 comments

February 8th, 2008

SBA sued over withholding information

The American Small Business League has filed a suit against the Small Business Administration (SBA). The lawsuit claims SBA violated the Freedom of Information Act (FOIA) by refusing to release the names of Fortune 1,000 firms that were counted as small businesses and may have received SBA money.
News reports have shown giant corporations like […]

By ShannonCherry -- 3 comments

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