US Small Business News Round-up – 2009/03/30

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:

  • SBA launches community site: The U.S. Small Business Administration’s Business Gateway Program has rolled out a new online community site for small business.
  • Financing basics for small businesses: Proper financing of your small business is critical to its success, but it’s not always easy to understand and execute smoothly. This guide will walk you through some of the major financing issues and questions you may face as a small business owner, as well as how to overcome them.
  • Greater Kansas City Chamber unveils top 10 small businesses: The Greater Kansas City Chamber of Commerce on Friday announced the top 10 small businesses — nominees for the Mr. K Award as 2009 Small Business of the Year.
  • Revitalizing the Securitization Markets: Letting the People Who Broke The Economy Make Money Fixing It: “Never underestimate the capacity of angry populism in times of economic stress,”- Robert Reich, The New York Times, March 15, 2009 The profligate investment practices of the financial sector not only caused the current credit crisis but also allowed for the inappropriate compensation decisions of companies like American International Group and Merrill Lynch. Many would argue that the absence of effective regulatory oversight also contributed to both of these problems. However, equating these misdeeds with the financial system itself poses a grave risk to the economy’s recovery.
  • Japan’s Small Exporters Are Hit Hardest: Small firms, withering in the downturn, employ almost 90 percent of workers in Japan’s manufacturing sector.
  • San Jose career counselors feel Weight of downturn: The the ravages of the recession unfold before them, in the frown of the laid-off Coca-Cola salesman, in the restless hands of the software engineer whose start-up has crashed, along with his self-esteem. The desperation can seem almost contagious.
  • New companies join Nussbaum: The Nussbaum Center for Entrepreneurship has added two new startup companies, Firelace and MedCommunities, to its incubation program, according to an announcement.
  • Spark Capital launches Start@Spark: Spark Capital, a Boston venture capital firm, has officially launched Start@Spark, a seed funding program designed to stimulate innovation and entrepreneurship. Entrepreneurs with proposals aligned with Spark Capital’s “media and technology conflux strategy” will be granted up to $250,000…
  • Google Voice Simplifies Phone Needs: The search-engine giant’s new phone service might not be perfect, but it has potential for entrepreneurs on the go.
  • No disks needed for startup’s streamed video games: Music and movies can be streamed over the Internet, so why not video games? A startup founded by technology entrepreneur Steve Perlman says it has developed a technology to deliver video games on demand, an idea that threatens to eventually take consoles out…

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

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