Recovery Act Announcement: DOE to Invest $18 Million in Small Business Clean Energy Innovation Projects

U.S. Energy Secretary Steven Chu today announced more than $18 million in funding from the American Recovery and Reinvestment Act to support small business innovation research, development, and deployment of clean energy technologies. In this first phase of funding, 125 grants of up to $150,000 each will be awarded to 107 small advanced technology firms [...]

Two Kentucky High-Tech Companies Awarded Funding for Expansions

FRANKFORT, Ky. ‘ The Kentucky Economic Development Finance Authority (KEDFA) awarded two high-tech Kentucky companies, Louisville Bioscience, Inc., and Laboratory and BioDiagnostics, LLC, (LabDx), state funding. The companies are anticipated to create a combined 36 new high-tech jobs at an average annual salary of over $64,000. (Manafacturing & Techonology eJournal, October 29, 2009)
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Small Business Gets Breaks in House Financial-Overhaul Bill

WASHINGTON — Lawmakers are adding sweeping exemptions to financial-regulation legislation that would benefit small businesses, a move that is irking some consumer groups and liberal lawmakers who contend that could compromise the effectiveness of the overhaul.
Bills currently under consideration in the House exclude thousands of community banks from oversight by the proposed Consumer Financial Protection [...]

Glasgow Kentucky’s Dana Commercial Vehicle Looking To Invest Millions in Upgrades

Dana is proposing a project consisting of technology upgrades, including automation and robotics, transitioning from antiquated equipment with an anticipated project investment of $6,697,500. This project would consolidate out-of-state operations into the Glasgow facility. The company anticipates retaining the existing 217 current fulltime jobs paying average hourly wages of $19.85, excluding benefits and creating an [...]

Kentucky Governor Beshear Signs Landmark Business Incentives Bill

Owensboro, Kentucky — Accompanied by community and business leaders in Owensboro, Gov. Steve Beshear took part in a bill signing for House Bill 3, which includes new and expanded business incentive programs to encourage job growth and capital investment in Kentucky.
The Incentives for a New Kentucky bill, sponsored by Rep. Tommy Thompson of Owensboro, [...]

President Obama to Raise SBA Loan Limits

President Announces Support from Treasury for Smaller Community Lenders Committed to Increasing Lending to Small Businesses
WASHINGTON ‘ The U.S. Small Business Administration has issued the following statement by SBA Administrator Karen Mills on President Barack Obama’s proposal to raise the maximum loan size for SBA-backed loans to small business:
“Nine months ago, President Obama sent [...]

Federal Grants for Small Businesses Only

If you know of anyone with an idea for a new innovation, or new use for existing innovation in any of these topics/subtopics, they can apply for a Phase I SBIR grant.
Details:
The proposal is due January 14, 2010.
In order to apply, the applicant must be a small U.S. business by the time of the award.
Phase [...]

Small Business Get Free Advice

CitySquares Online Inc. saw sales start to decline dramatically in late 2008 as some of the local-search-engine provider’s customers could no longer afford its advertising services.
So the small business turned to its board of six volunteer advisers—experts in areas such as sales, marketing, finance, entrepreneurship and venture capital—who suggested expanding the Web site beyond its [...]

White House Plans Small-Business Aid

WASHINGTON — President Barack Obama will announce initiatives Wednesday aimed at boosting credit to small businesses, as the White House tries to address a complicated issue many believe is dragging on the economy.
The White House will move to increase the caps on Small Business Administration loans and to make it easier for small banks to [...]

Entrepreneurs ‘Tweet’ Their Way Through Crises

Twitter has turned out to be a useful tool for some small businesses coping with customer-service or public-relations crises.
The social-media service — where users send short “tweets” to followers who have signed up to receive the messages — came in handy for Innovative Beverage Group Holdings Inc., whose drankbeverage.com site crashed last month after a [...]