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FEDERAL PROGRAMS SMALL BUSINESS CRM & SALES
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The Anatomy of an Entrepreneur
According to the U.S.
Small Business Administration, in 2004 small firms (<500
employees) employed 50.9 percent of the private-sector work
force and generated 50.7 percent of the non-farm private gross
domestic product. According to that same report in 2004 firms
with fewer than 500 employees had $1.9 trillion in annual
payroll, not including benefits. An extensive report released in
November 2008 by the U.S. Small Business Administration found
that small firms had a higher percentage of patents per employee
than larger firms, and that younger firms were more likely to
have a higher percentage of patents per employee than older
firms.
This is a follow-up to several research projects by the Global
Engineering and Entrepreneurship project at Duke University,
which has been researching the effect of globalization on the
engineering profession and on U.S. competitiveness. Our previous
research had focused on the contributions of skilled immigrants,
the education and backgrounds of technology company founders,
and the difference between immigrants and U.S.-born company
founders. For this project, we
surveyed 549 company founders in a variety of industries,
including aerospace and defense, computer and electronics,
health care, and services. (This was a broader range of
industries than we previously researched). We also asked
founders more detailed questions about their backgrounds,
motivations, and experiences in launching companies. While our
research cannot be generalized to the entire population of
entrepreneurs in the United States, it is meant to be
illustrative of the backgrounds of entrepreneurs in industries
that we expected to be higher growth.
78 Ways for Your Small Business to Save Money in this Economy With the economy struggling, every business is trying to cut costs to make ends meet. Small businesses, which have fewer resources, especially feel the burn. Not to fear. We’ve come up with a mega-list of ways to trim the fat off your enterprise so you don’t become a casualty of the latest economic downturn. Click title above. Social Media Drives Referrals and Opportunities for B2B
Question:
How effective is social
networking for B2B (industrial) marketing?
Landrieu, Snowe Push to Foster Small Business Innovation
By PR Newswire
WASHINGTON, June 10 PRNewswire-USNewswire -- United States
Senate Committee on Small Business and Entrepreneurship Chair
Mary Landrieu, D-La., and Ranking Member Olympia J. Snowe,
R-Maine, today introduced legislation to reauthorize the Small
Business Administration's (SBA) Small Business Innovation
Research program and Small Business Technology Transfer program.
SBIR is scheduled to sunset on July 31, 2009, and STTR is
scheduled to sunset on September 30, 2009.
"SBIR and STTR are essential programs that level the playing
field for America's 27 million small businesses," Chair Landrieu
said. "They have been extremely successful for so many small
businesses from Louisiana and across the nation. Recipients of
SBIR and STTR awards have produced more than 85,000 patents and
have generated millions of well-paying jobs across all 50
states.”
The SBIR program was established by Congress in 1982, and the
STTR program in 1992, to, among other things, help meet the
government's research and development needs through small
businesses. Federal agencies with an annual external R&D budget
of more than $100 million must allocate 2.5 percent of their
extramural R&D dollars to the SBIR program. Agencies with an
annual external R&D budget of more than $1 billion must allocate
an additional 0.3 percent to the STTR program. While departments
and agencies make awards and manage their own programs, the SBA
has government-wide oversight.
R&D Investments Key to Revitalizing U.S. Economy We will recover from the frightening economic crisis that has gripped our nation for more than a year. That much appears clear. We will survive. The more important question for our long-term economic well-being is, Will we thrive? A favorable answer to that question depends on the largely unheralded efforts of thousands of engineers, technicians, scientists and specialists working in research and development (R&D) at corporations and universities across America and around the world. Whether the problem is developing safe and sustainable food supplies, finding new vaccines and medications, or meeting our ever-growing need for affordable and clean energy, the solutions will flow from our R&D community. Those efforts, centered largely in the private sector, depend upon the continued and sustained support of our government, both to revive our economy and to retain America's position as the global technology leader.
Slicing and dicing SBIR award data By
Steven S. Clark
SSTI (State
Science and Technology Institute), a national nonprofit network
of practitioners and policymakers dedicated to improving the
economy through science and technology, recently published SBIR
Phase I proposal and award statistics by state for 2008. They
also have similar data going back a few years.
The percentage of SBIR applications that were awarded ranged
from a low of 9.4% at the DoT to a high of 24.1% at the NIH
(more than twice the rate of RO1 investigator-initiated research
grants in 2008). Other agencies awarded grants at the following
rates: DHS (9.6%), DoD (14.9%), NSF (15.4%), USDA (17.4%), NASA
(18.4%), and DoE (18.7%). The raw data can be found on the
SSTI web site. Also
interesting is the total number of SBIR grants awarded by the
different agencies. In 2008 a grand total of 3555 Phase I awards
were made by all participating federal agencies. By far, the DoD
made the most awards at 1825, more than half the total number of
awards. Trailing way behind were NIH (739 awards), DoE (280),
NASA (276), NSF (224), USDA (77), DHS (28) and EPA (25). Other
agencies, such as NOAA, are not included here because they
awarded so few SBIR grants they had minimal impact on these
analyses.
Stimulus plan has plenty for small business By
Steve Strauss
First a
little history: While FDR's New Deal helped soften the worst
blows of the Great Depression, the fact is that the Depression
did not end until World War II began, due to the massive amount
of spending and building that the country undertook to wage and
win the war. That spending kick started the economy and finally
ended the last vestiges of the long economic downturn. That is
the idea behind the current American Recovery and Reinvestment
Plan, although obviously on a smaller scale. The plan is that,
as different businesses get government contracts, they will
begin to spend that money, and that in turn will create what is
known as a "multiplier effect." As these companies get more
money, they will in turn buy more from suppliers, and will also
increase spending in other ways, including hiring employees to
do the work, and so on. Whatever the final number turns out to be — a trillion dollars or so — the fact is, there is going to be a lot of federal, state and local money available, and it behooves the smart small business owner to get him or herself ready to take advantage of it. That means learning about government contracting, and getting whatever paperwork and certificates you need in order now, so that when the spigot opens, you are ready to bid on your share.
By
John Rossheim
With billions of economic stimulus dollars flowing to
healthcare, American workers can expect a burst of job creation
in the industry in 2009 and beyond, including new positions for
clinicians and professionals in key support areas. As a result,
tens of thousands of IT professionals will be hired into the
following roles, according to Richard Howe, a vice president of
HIT consulting firm Healthcare Informatics Associates:
Developers who create or customize EMR software for hospitals;
systems integrators who bring together a multitude of legacy
applications; IT trainers; and clinical consultants -- RNs, lab
technicians, pharmacists and others -- who will apply their
knowledge of hospital operations to the implementation of EMR
systems.
Obama Acts to Aid Small Businesses By
The New York Times
The Obama administration said on Monday that it would try to
ease a credit squeeze afflicting small businesses by buying up
to $15 billion of securities that are linked to small-business
loans. Speaking to an audience of small-business owners at the
White House, President Obama said the actions would encourage
lenders to make more money available to entrepreneurs and spur
renewed economic growth in a vital sector of the economy, The
New York Times’s Helene Cooper reported.
“Today, too many entrepreneurs can’t access the capital to
start, operate, or grow their business,” Mr. Obama said. “Too
many dreams are being deferred or denied by a form letter
canceling a line of credit.”
On a day when his administration was trying to head off any
political damage from the news of bonuses being paid to
executives of
American International
Group, the announcement provided Mr. Obama a platform to
stress that the government is helping mom-and-pop operations as
well as giant financial institutions and corporations.
The administration’s plan included provisions increasing loan
guarantees for small business to 90 percent of the loan value to
encourage banks and other lenders to extend credit, and waiving
the Small Business Administration’s loan fees and requiring
banks that received federal bailout money to report each month
how much small-business lending they did.
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