Keywords for this post:
Small Business Administration
Business Plans for Women Entrepreneurs
(Note: Please excuse the erratic posting recently. I am in the midst of moving back to California, and probably won't get back to anything resembling a schedule for several weeks.)
The Small Business Administration is strutting about like the cock of the walk, crowing about how it met its goal for contracts to small businesses last year.
I don't know about you, but I'm not about to start dancing in the streets.
Sure, the $69 billion in contracts for 2004 sounds really great. If indeed it had gone to small businesses. But as we documented earlier, a fair percentage of this money actually went to very large, very well established companies, and not to small businesses at all. The number is a farce.
Also, the measly goal of granting 5% of the contracts to women-owned businesses didn't come close to being reached. That's 5% -- not 50%!!! In fact, only about 3% of the contracts went to women-owned businesses. Yeeesh. What have they got against women?
Goodness only knows what itsy bitsy percentage of contract money went to other minorities -- it's so miniscule that the SBA doesn't even report it.
Hero? Not by a long shot.
Tuesday, August 30, 2005
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6 comments:
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