US Small Business News Round-up – 07/04/2008

Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from the United States:

  • Madison-area firms qualify for investor tax credits: FluGen and Sonoplot Inc., two small technology businesses in Dane County, have qualified for investor tax credits under new Angel Investor and Venture Fund Tax Credit programs, Wisconsin Gov. Jim Doyle said Monday.
  • SBA seeks innovative ideas for an online portal: The U.S. Small Business Administration is seeking input from the lending and business communities to expand its online presence to give lenders greater access to potential new small business customers.
  • PNC: Optimism among small-business owners at record low: The national economy’s woes are affecting the confidence of small- and mid-sized-business owners, according to the latest Economic Outlook survey from PNC Financial Services Group Inc.
  • Small business owners in Pennsylvania predict slipping profit: Pennsylvania small business owners are nervous about the next six months as 22 percent expect their profits to decrease near term and almost 70 percent say they don’t expect to hire. And 69 percent expect the federal stimulus package will be of little to no benefit. (PNC)
  • U.S. Bank tops state SBA lender list: U.S. Bank and Veronica Pulley, a U.S. Bank official, have won the Small Business Administration’s Lender of the Year Award for the state.
  • Site offers tech guide for small businesses: SACRAMENTO – The statistics may be surprising for a state known for innovation: Nearly 30 percent of small businesses in California don’t use cell phones, about 70 percent have not tried conference calling and about half use the Internet for business less than an hour each day.

As always this list is not exhaustive, but I hope it will give you a little overview. — ST.

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