January 25, 2012 - 10:30am
In last night's State of the Union address, President Obama laid out proposals for how to bring about a new era of American manufacturing, with more good jobs and more products stamped Made in the USA. A few of the proposals are: Reward companies for bringing jobs back to America. Lower tax rates for companies that manufacture and create jobs in the United States. Get tough on trade enforcement.
January 25, 2012 - 9:15am
Ever wonder if you need to get a lawyer involved in a business matter? A lawyer can help in many business scenarios, from helping with the incorporation process, drawing up contracts and, if necessary, representing you in litigation. But is a lawyer always necessary or are there times when you are better off saving the big bucks and navigating legal processes on your own? Here are some guidelines to help you know which legal business issues you can probably handle independently and when it’s really time to retain a lawyer. Legal Issues You Can Handle on Your Own
January 24, 2012 - 7:34pm
Will your startup ambitions become a reality in 2012? In a recent study, 70% of Americans indicated they want to start their own business, but many never take the leap because of lack of knowledge, direction and fear of failure. Let’s face it, starting a business can be intimidating, and risk of the unknown is one major hurdle that few are willing to deal with. With a job, there tends to be this perception of security and certainty. You show up for work, do your job, and collect a paycheck.
January 24, 2012 - 2:00pm
Guest blog by Matthew S. Erskine, U.S. Deputy Assistant Secretary of Commerce for Economic Development Today, I was pleased to join St. Louis Mayor Francis Slay and colleagues from the U.S. Small Business Administration (SBA) and the Department of Labor’s Employment and Training Administration (DOL/ETA) at an event to spotlight federal investments that are catalyzing the growth of the critical, job-creating St. Louis biosciences cluster.The day was focused on the partnership between the St. Louis County Economic Council, the St. Louis Agency on Training and Employment, and the St.
January 23, 2012 - 6:30pm
U.S. Commerce Secretary John Bryson met with India’s Ambassador to the United States Nirupama Rao to discuss U.S.-India relations and Secretary Bryson’s upcoming trade mission to India in March. This was the first meeting between Secretary Bryson and Ambassador Rao, who assumed her current responsibilities in September 2011. Secretary Bryson and Ambassador Rao also discussed the Department of Commerce’s extensive partnerships with the Government of India through the Bureau of Industry and Security, the International Trade Administration, the National Institute of Standards and
January 23, 2012 - 1:29pm
Recently, the SBA asked how we could use apps to put customized tools directly in the hands of entrepreneurs and small business owners. We reached out to entrepreneurs themselves to help find the answers through a nationwide competition with $20,000 in total prizes. Here are the winning apps: First Place: SBA Gems– Find loans, grants, permits and more. Developer - Somesh Kumar, Fremont, California Second Place: CapitaList– Find federal databases for licenses, awards, proposals and websites. Developer – Muneeb Akhter, Springfield, Virginia
January 23, 2012 - 7:06am
Heard of bootstrapping? Well, it’s not just for startups anymore. If your business is strapped for cash, you might consider bootstrapping to get you through it. What is Bootstrapping? Bootstrapping is the process of starting a business with little investment or funding of your own. Many small business owners and entrepreneurs start out this way. Even if you are well beyond the startup phase, however, the principles of bootstrapping can still make sense handy if your business is facing cash constraints. How Can Bootstrapping Help Cash-Strapped Businesses?
January 20, 2012 - 4:00pm
Commerce Department grantees provide updates on projects to promote innovation and commercialization in regions of Ore., Ohio, Pa., Fla. and Ga.To highlight the economic impact of Obama administration investments to promote American Innovation and accelerate the commercialization of research to the marketplace, the U.S. Commerce Department’s Economic Development Administration (EDA) hosted the first 21st Century Economic Capitol Hill Briefing on the new COMPETES law on January 19, 2012.Awardees of the Office of Innovation and Entrepreneurship’s (OIE) i6 Challenge came to Washington D.C.
January 20, 2012 - 12:00pm
The Department of Commerce has repeatedly demonstrated its commitment to working with the private sector to strengthen the U.S. manufacturing industry and create jobs. Today, Secretary Bryson took another opportunity to do so as host of his first meeting of the Manufacturing Council, a committee that advises the Department on programs impacting U.S. manufacturers. Along with Under Secretary for International Trade Francisco J. Sánchez, Bryson reiterated the Administration’s priorities for helping American businesses “build it here and sell it everywhere,” which means doing more to support
January 20, 2012 - 11:52am
When a friend or family member asks what you do to help small businesses, what do you say? I tell them I’m responsible for the information technology and computer systems that support the SBA Standard 7(a) Loan Guaranty Processing Center goals for a multi-billion dollar national loan program. As an IT Specialist, I enjoy applying technology to automate our processes which provide the tools for our staff to effectively perform their jobs. What’s your favorite thing about what the SBA does for small businesses?