Press Release

News Senate touts commitment to small businesses By StaffCapital Solutions Bancorp May 19, 2009Some small businesses and industry advocates have voiced frustration with the Obama administration's perceived inattention to the needs of small businesses around the...

News Stimulus Aid Trickles Out, but States Seek Quicker Relief By Michael CooperNew York Times May 12, 2009Nearly three months after President Obama approved a $787 billion economic stimulus package, intended to create or save jobs, the federal government has paid out...

News Small-Business Groups Give Obama's First 100 Days Mixed Review By Kelly SporsWall Street Journal April 29, 2009Many small-business owners and the groups that represent them were initially leery about Barack Obama’s presidency and how he would help them. How do...

News Small-Business Groups Give Obama's First 100 Days Mixed Review By Kelly Spors Wall Street Journal April 29, 2009 Many small-business owners and the groups that represent them were initially leery about Barack Obama’s presidency and how he would help them. How do...

News Lloyd Chapman Responds to V.C. Efforts By Marc TracyBizBox by Slate April 27, 2009We reported last week that the world of venture capital wants to be let in on certain federal programs designed for small businesses that aren't typically equity-backed--and that...

News Battle Between a Small-Business Advocate and the SBA Gets Personal By Rob KuzniaHispanicBusiness.com April 20, 2009With regular appearances on Fox News and CNN, Lloyd Chapman is a small-business advocate whose star is on the rise.And although he may not be a...

News Don't end HUBZone By Lloyd ChapmanPittsburgh Tribune-Review April 16, 2009U.S. Rep. Nydia Velazquez's suggestion that the HUBZone program for small businesses be eliminated because some firms were misrepresenting themselves ("Velazquez responds," Letters, April 9...

News SBA ordered to pay legal fees to American Small Business League By Doug CaldwellCentral Valley Business Times April 16, 2009•  UPDATED with statement from SBA at 7:45 a.m.•  From Freedom of Information Act lawsuit•  Had sought the names of companies getting...

News Small business advocate frustrated with government inaction By StaffCapital Solutions Bancorp April 15, 2009One group working on behalf of small businesses around the country has again expressed anger with what they consider to be inaction by the federal...

News Should Obama Do More To Help Small Businesses Win Government Contracts? By Kelly SporsWall Street Journal April 14, 2009As stimulus money starts trickling out, some are asking a timely question: Is the federal government doing enough to ensure small businesses...

News New SBA Head Takes Reigns By Dennis RomeroEntrepreneur April 7, 2009There was no April fooling when the Senate confirmed venture capitalist Karen Mills to take over as the Obama administration's chief administrator of the U.S. Small Business Association last...

News Selection of New SBA Leader Pleases Most, But Not All By Rob KuzniaHispanicBusiness.com April 6, 2009Unlike many of President Barack Obama's controversial cabinet picks, the new leader of the U.S. Small Business Administration last week enjoyed unanimous Senate...

News Public Access to Contracting Data DisputedThe SBA and the ASBL go head-to-head on the public availability of federal contracting data. By Caitlin McDevittInc.com April 3, 2009The American Small Business League has been wrestling with the Small Business...

News Why You Should Give a Tweet About Twitter By Tim Devaney and Tom SteinAllBusiness.com April 3, 2009If you just came back from a year’s vacation in the Crab Nebula, perhaps you haven't heard of Twitter. It’s a social-messaging service that lets you stay...

News Small business advocates concerned over SBA nod By StaffCapital Solutions Bancorp April 2, 2009The U.S. Senate Committee on Small Business and Entrepreneurship approved President Obama's pick for SBA chief on Wednesday, but some small business advocates remain...

News Mainer in line to head Small Business Administration By Rebekah MetzlerSun Journal April 2, 2009Karen Gordon Mills of Brunswick received the unanimous support of the Senate Small Business and Entrepreneurship Committee following a public hearing Wednesday on her...

News Karen Gordon Mills Set to Lead SBA By Raymund FlandezWall Street Journal April 2, 2009The Senate Committee on Small Business and Entrepreneurship unanimously confirmed Karen Gordon Mills, a venture capitalist and Tootsie Roll heiress, as the administrator of the...

News Bush Leaves Legacy of Fraud and Abuse At Small Business Administration By Nick BaumannMother Jones March 27, 2009It's been a rough decade for the Small Business Administration. The Bush administration slashed its budget by more than half, and many of its most...

News GAO Report Indicates SBA Program Plagued With Fraud By Rob KuzniaHispanicBusiness.com March 26, 2009A Congressional investigation has revealed that a federal program meant to benefit small businesses in economically distressed areas is plagued with "fraud and...

News SBA Needs Thorough Overhaul in Wake of HUBZone Scandal By Keith GirardAllBusiness.com March 26, 2009In an agency that has become a symbol of widespread waste, mismanagement and fraud, a new government investigation has uncovered one of the biggest scandals yet,...

News Long-Running Fight With Small Business Administration Sparks Contest Over Legal Fees By Pamela A. MacLeanThe National Law Journal March 16, 2009A small business advocacy group is fighting to recoup attorney fees in its long-running battle to force the federal...

News When small business meets big fraudSmall business advocates say the government bailout doesn't address contracting fraud and abuse, which has diverted billions to large corporations. Ronni Radbill explores what the government is doing By Ronni RadbillMarketplace...

News Is Obama Thinking Small? By Hiram SotoHispanic Business March 6, 2009As the federal government fights to revive the ailing U.S. economy, business leaders want the Obama administration to swiftly address the challenges that have faced Hispanic entrepreneurs.One...

News Small Business Group Claims Victory Over Feds On Contracting Suit By Rob KuzniaHispanicBusiness.com March 5, 2009A small-business advocacy group is claiming victory over the federal government in a yearlong case in which the feds have allegedly cheated small...

News To Give or Not to GiveShould firms owned by venture capitalists get small business grants? By Kelly FairclothInc.com March 4, 2009The National Venture Capital Association wants Congress to reauthorize Small Business Innovative Research grants and make small...

News Stimulus Act - A Small Impact on Small Business Owners and Even Smaller for Women in Business By Lahle WolfeAbout.com February 18, 2009 According to the Small Business Administration (SBA), only $730 million out of the $787 billion economic stimulus package (not...

News Entrepreneurs Not Feeling Stimulated By Dennis RomeroEntrepreneur.com February 18, 2009The $787 billion economic stimulus package signed into law by President Barack Obama this week contains $116 billion in tax cuts for individuals, more than $53 billion for...

News Feds To Appeal Ruling That Favors Small Business Group By Rob KuzniaHispanicBusiness.com February 17, 2009 The federal government is appealing a San Francisco District Court ruling compelling it to hand over documents to a small-business advocacy group that is...

News Small business group blasts stimulus spending By Doug CaldwellCentral Valley Business Times February 17, 2009•  Says it shuts out small business•  ‘Virtually ignores the very firms that create 97 percent of all new jobs’The stimulus bill signed into law today by...