Small Business and the Stimulus Package

The Economic Stimulus package of 2009 has received a lot of press. But what does it mean for a small business owner?

A presentation produced by MyVenturePad, in cooperation with SCORE, Counselors to America's Small Businesses, provides some in-depth discussion of how the Stimulus Package will benefit small business. The authors are Steve King, who runs Emergent Research,
Barbara Weltman, a national spokesperson for small business taxes, and Erik R. Pages, who leads EntreWorks Consulting, an economic development consulting and policy development firm.
$730 million is slated to go to the Small Business Administration, and changes will be made to the agency’s lending and investment programs. The SBA is planning a comprehensive report on what this will enable them to do for small businesses. The SBA also has a slide presentation, with audio, that outlines some of the tax benefits for small businesses that resulted from the 2008 stimulus package.