Filed in archiveon March 20, 2013
Obama has given small businesses a big boost in his budget by allocating $2bn to be invested into small businesses, as well as providing further tax breaks. In addition to this proposal, a public-private initiative was also presented, with AOL co-founder Steve Case, to provide additional funding and help support growing small businesses.
Known as the Startup America Partnership, Steve Case has put together a group of large organizations who have already begun supporting small businesses through mentoring, investing, and educating the business owners. Many companies have already pledged their support; Intel have committed $200 million, IBM committing $150 million, and Facebook offering 15 Start Up days around th country to mentor aspiring entrepreneurs.
You can read more about the partnership here.
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