Obama: Small businesses need support from Washington
Tuesday, May 26th, 2009Author : Biz2Credit Advisor
President Barack Obama lauded the contributions of small businesses to the American economy at a May 19 White House ceremony honoring winners of this year’s Small Business Administration awards.
The president said of the nation’s most successful businesses, such as Google and McDonald’s, began as small ventures.
Obama said small businesses are responsible for half of the nation’s private sector jobs and deserve support from Washington, the Associated Press reported.
His economic recovery plan would help small businesses pay off private loans, Obama said.
This article was submitted by Katie Kapler, Director of Online Strategy for Biz2Credit. Biz2Credit is a small business marketplace that connects entrepreneurs with financing options and advice to grow their business. Send all questions to katie.kapler@biz2credit.com.
