No More Dwaddling! Minority Business Loans and the Stimulus Projects

Keywords: Minority Business Loans

I saw a post this morning on Bayview, a national Black newspaper site. It was a call to action to go after the Stimulus projects:

Want a job fixing up public housing - earning a big juicy piece of the stimulus pie? The San Francisco Housing Authority is inviting contractors to bid May 7 on almost $5 million in contracts to paint and repair the housing where many of us live. That will create hundreds of jobs - each one paying enough to support an extended family.

This is San Francisco’s first stimulus money, and I’m urging every one of you to stand with me and fight for our fair share of the work. The law is on our side - public housing residents must be hired for at least 25 percent of the work and minority and women business (MBE/WBE) participation must be at least 20 percent - but the law won’t be enforced unless we make our demands loud and clear.

Note that last phrase: ...but the law won't be enforced unless we make our demands loud and clear.

I absolutely could not have said it better. For ALL small businesses, minority and non-minority alike.

THIS is the time when your minority business plan will snap into action. Take out your business plan, pull pertinent sections, like the bios and your company's strengths, and attach that to your bid. Let them know you are a serious business with a serious bid for the job.

And, if you have done as we have suggested the past few weeks, you have your funding all lined up in anticipation of new projects. You have made your contacts. All you need is the signed contract. Minority business loans are there. Just go after them.

So go for it. NOW is the time. No more dwaddling!