Press Release

Federal legislation could restore biotech funding

News Federal legislation could restore biotech funding By Daniel S. LevineSan Francisco Business Times August 4, 2006 A U.S. Senate committee has boosted the biotechnology industry's hope that legislation will soon again allow many venture-backed companies to win...

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SBA vows Senate battle over 7(a), micro-loans

News SBA vows Senate battle over 7(a), micro-loans By Alex PhilippidisWestchester Business Journal July 31, 2006 The U.S. Small Business Administration will continue battling Congress as it works to add funding the Bush administration opposes to two loan-guarantee...

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How big companies get on SBA's list

News How big companies get on SBA's listAcquisitions, certification process clouds picture of small-business contracts By Ethan ButterfieldGovernment Computer News (GCN) July 31, 2006Graph: Big companies and small-biz dollarsThe Small Business Administration, claiming...

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SBA critics ask: When is large small?

News SBA critics ask: When is large small?Major companies continue to win big contracts set aside for small business By John MooreFederal Computer Week July 31, 2006 As Congress works to reauthorize the Small Business Administration's financing and economic...

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Don't divert small-business aid to big business

News Don't divert small-business aid to big business By James Norton July 28, 2006 MINNEAPOLIS – On paper, 2005 was a very good year for Americans with small businesses. A "record breaking" $79.6 billion worth of federal contracts were given to small businesses,...

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Small businesses deserve fair shot at federal money

News Small businesses deserve fair shot at federal money Battle Creek Enquirer July 27, 2006 Politicians love to talk about small business being the backbone of the American economy. They feel so strongly about giving the "little guy" a fair shot at government...

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Big Firms Cash In on SBA Contracts

News Big Firms Cash In on SBA ContractsFortune 500 companies got $12 billion reported as going to small businesses, report says. By Heather GehlertLos Angeles Times July 27, 2006 WASHINGTON – Billions of dollars in federal contracts that the government says it awarded...

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Report: SBA subsidizes huge corporations

News Report: SBA subsidizes huge corporations News Daily July 26, 2006 PETALUMA, Calif., July 26 (UPI) -- An advocacy group says the U.S. Small Business Administration is using deceptive numbers in reporting how it helps small business.The American Small Business...

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Probe questions small-business data

News Probe questions small-business dataDemocrats say contracts went to big businesses such as Microsoft and inflated White House figures By Frank BassContra Costa Times July 26, 2006 WASHINGTON - At least $12 billion in contracts the government claimed it gave to...

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Dems flunk feds on small-biz contracts

News Dems flunk feds on small-biz contracts By David HublerFederal Computer Week July 26, 2006 The federal government has failed to meet its small-business contracting goal for the sixth consecutive year, according to a new report released by the Democratic members of...

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Small business league disputes federal contracts

News Small business league disputes federal contracts By Tiffany SteckerThe Daily Transcript July 26, 2006 Small businesses are getting less than 5 percent of federal contracts, though federal law mandates they receive at least 23 percent, the American Small Business...

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Report: Small Businesses Losing Out

News Report: Small Businesses Losing Out July 26, 2006(CBS/AP) Art Munn saw his business nearly fall victim to what congressional investigators say is a growing problem: Small firms on the verge of winning federal contracts lose out to well-connected corporate giants...

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Small businesses losing defense contracts

News Small businesses losing defense contracts UPI July 26, 2006 WASHINGTON, July 26 (UPI) -- The Pentagon awarded 14 percent of its contracts to small businesses in 2005, about 10 percent below the government goal, an independent research company says. It is part of...

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SBA practices blasted by small biz, Dems

News SBA practices blasted by small biz, Dems Central Valley Business Times July 26, 2006 The Small Business Administration came under fire Wednesday for how it accounts for "small businesses" getting government contracts and for allowing money earmarked for small...

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Big companies cash in on fed contracts

News Big companies cash in on fed contracts By Frank BassAkron Beacon Journal July 25, 2006 WASHINGTON – At least $12 billion in contracts the government claimed it gave to small companies last year wound up instead in the coffers of corporate giants like Microsoft...

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SBA: Turmoil at the top

News SBA: Turmoil at the top By Christina P. O'Neill and Meaghan O'RourkeWorcester Business Journal July 24, 2006 To read the barrage of press releases from the American Small Business League, you'™d think the SBA can'™t do anything right The association alleges that...

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Is Uncle Sam a Deadbeat?

News Is Uncle Sam a Deadbeat? By Keith GirardAllBusiness.com July 24, 2006 In a new report, the government's administrative watchdog says that small businesses are uniformly the last to get paid when they do work for the Defense Department.In many cases, this causes a...

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Infotech and the Law: It's not easy staying small

News Infotech and the Law: It's not easy staying small By David FletcherWashington Technology July 24, 2006 A familiar regulation of the Small Business Administration allows a contractor that qualified as a small business at the time it won a contract to be considered...

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Smoke and mirrors at SBA

News Smoke and mirrors at SBA By Ethan ButterfieldWashington Technology July 24, 2006 The Small Business Administration, claiming a major victory for its constituents, recently announced that small companies won $79.6 billion in federal prime contracts in fiscal...

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SBA to Withhold Contractor Identities

News SBA to Withhold Contractor Identities By Keith GirardAllbusiness.com July 19, 2006 In with the new … but what happened to out with the old?That's the question on the mind of one small business group, which was hoping that incoming Small Business Administration...

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U.S. contract database lists big firms as small

News U.S. contract database lists big firms as smallThe mistaken designations mean the government has overstated dollars going to small businesses. By Larry MargasakPhiladelphia Inquirer, The (PA) July 13, 2006 July 13, 2003 WASHINGTON They are among America's larger...

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SBA Official Blasts 9/11 Loan Program

News SBA Official Blasts 9/11 Loan Program By Devlin BarrettAssociated Press July 13, 2006 WASHINGTON -- A post-Sept. 11 loan program was a disaster in the making because the government could not verify that most loans actually went to businesses affected by the...

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New SBA Chief Pressured to Stop Fraud

News New SBA Chief Pressured to Stop Fraud By Keith GirardAllBusiness.com July 12, 2006 Steven C. Preston, who was sworn in by President Bush this week as head of the Small Business Administration, has already gotten a taste of the pressure he'll be under to reform...

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Impersonators in the Land of Small Business

News Impersonators in the Land of Small Business By Ron NixonNew York Times July 6, 2006 WASHINGTON, July 5 – When it comes to government contracting, few companies are as aggressive or successful as GTSI, a Virginia-based information technology company with about 850...

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Parting Shot

News Parting Shot By Elizabeth OlsonNew York Times July 2, 2006 Even as Hector V. Barreto prepares to step down as the chief of the Small Business Administration, his most persistent critic continues to take shots at him.Mr. Barreto "is a liar," said Lloyd Chapman,...

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