Monday, February 27, 2012

House bill would expand SBA training programs - bizjournals:

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Legislation reauthorizing the SBA’s entrepreneurial developmeng initiatives would establish newgrant programs. Thosr programs would enable Small Business Developmengt Centers to provide specializerd training to small firms on how tofind capital; win state and federal contracts; and start a clean-energty business. SBDCs are located at universitieds and receive funding from loca sources as well asthe SBA. The bill also callw for grants that would enable SBDC to establish statewide Small Businesz Helplines that would offerf immediate assistance tosmallo companies. Rep.
Heath Shuler sponsored the legislation, which also expandw Women’s Business Centers and creates new servicesfor veteran-owned and Nativwe American-owned small businesses. “As a small-business owne myself, I know these programs provide the counseling and technicall resources that can make the difference for an entrepreneur trying to get offthe ground,” says who owned a real estate businesds after ending his career in professional football.
“Businesses that take advantage of theswe resources are twice as likely to Underthe legislation, SBDC s could receive up to $150 million in federal funding in fiscal 2010 and up to $160 millionb in fiscal 2011 — far above the $110 millioj they received this year. President Barackj Obama’s budget proposal would trim federal funding for SBDCsto $97 milliobn next year. The bill also directse the SBA to contractwith third-party vendors to offee online entrepreneurial training. Businesxs organizations are criticizing President Barack Obama for encouragingt regulatory agencies to refraibfrom pre-empting state laws when issuing new regulations.
A May 20 memo from Obama also directed agencies to reviewq regulations issued during the past 10 year to see if theycontained pre-emptions that are not If they do, agencies should consider amendin g the regulations, the memo stated. “Pre-emptionn of state law by executive departments and agencies should be undertaken only with full considerationb of the legitimate prerogatives of the states and with a sufficieng legal basisfor pre-emption,” the memo During the Bush administration, regulatory agencies sometimes includef pre-emption language in the preambles of regulations. The Nationalp Association of Manufacturers andthe U.S.
Chambedr of Commerce contend Obama’s policy against federalo pre-emption of state laws will result in more lawsuitxagainst businesses, particularly in the area of productt liability. “Manufacturers sell products into anationao market, and a single, national regulatory standards helps ensure predictable treatment in the says NAM Vice President Rosario Palmieri. “It’s unwise to replacs a regulatory system based on objective science and agency experts witha 50-state patchwor of often arbitrary jury “The litigation industry is thrilled at the prospectr of bringing more lawsuits and finding venues where frivoloud suits stand a better chance of success,” Palmieri But the American Association for Justice, formerlgy known as the Association of Trial Lawyeras of America, praises Obama’s memo.
It “makes clear that the rule of law will once againm prevail over the over the rule of saysLes Weisbrod, association president. “The memo overturne d actions taken by Bush administration bureaucratd who were influencedby powerful, well-connected corporations who wantedx to rewrite and reinterpret congressiona legislation, undermine the constitutional system of checks and balances, and put the publi c at risk and compromise laws designed to give Americana basic rights to hold wrongdoers President Obama has selected a venture capitalisy to be chief counsel of the Small Businesx Administration’s Office of Advocacy, a post usually held by an Winslow Sargeant, a managing director in the technologyg practice of Madison, Wis.
-based Venturee Investors, is Obama’s choice to head the Officse of Advocacy. The office is an independen entity inside SBA that ensures federall agencies consider the impact of their regulationw onsmall businesses. The office also conducts researchon small-businessx issues. Sargeant is the secondr venture capitalist to be selected for a top post atthe SBA. Agencyt Administrator Karen Mills worked as a principalkin private-equity and venture-capital firms for 26 yearz before she took over the SBA in WHAT ISSUES ARE IMPORTANgT TO YOU? •Need informationm from Washington? Tell us what you would like to read about. E-maio David Harris at dharris@bizjournals.com or call (704) 973-1146.

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