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Latest Promises In Small Business
Joe Biden
Give small businesses a ‘restart package’ for pandemic-related openings
American Rescue Plan includes aid for small businesses, including restaurants
|
March 17, 2021
Barack Obama
Raise the small business investment expensing limit to $250,000 through the end of 2009
Stimulus raised the expensing limit
|
September 16, 2009
Barack Obama
Reform the Small Business Administration’s ability to respond after disasters
A streamlined loan application, but continuing administrative problems
|
December 5, 2012
Barack Obama
Change rules so small businesses owned by people with disabilities get preferences for contracts.
No sign of progress toward small business boost for Americans with disabilities
|
November 20, 2010
Barack Obama
Create a fund for international small and medium enterprises (SME)
Delivered on seed money, but not on technical support
|
June 21, 2012
Barack Obama
Expand loan programs for small businesses
Obama announces incentives for small business loans
|
March 18, 2009
Barack Obama
Establish a small business initiative for rural America
Half of promise implemented, half not
|
December 1, 2016
Barack Obama
Implement “Women Owned Business” contracting program
Contracting program for women-owned businesses finally ready
|
November 20, 2010