Monday, April 20, 2009

Small Business Stimulus Worries


Here's an article from CNN Money about concerns small business owners have regarding the economic stimulus plan.


Geoff Chapin, CEO of green remodeling company Next Step Living, is ready to do his part for our flailing economy. He believes that federal stimulus funds, which include $5 billion for weatherization projects, will trickle down to his Boston-based startup.


"We plan to hire up to 120 people in the next 18 months," he told Fortune Small Business.
But small business advocates worry: Will entrepreneurs like Chapin really nab their share of lucrative government contracts?


The White House estimates that nearly 75% of the funds will be committed by August 2010. To meet that tight deadline, agencies may hire bigger companies with a greater capacity to handle several different types of projects.


click here for full article

No comments:

Post a Comment