Big Business taking small business contracts

by Steve Yamaguma on November 5th, 2009

Great article on the need for change in SBA to refocus its agenda on helping small businesses.

http://www.huffingtonpost.com/lloyd-chapman/obamas-first-year-short-c_b_346355.html

 

Excerpt:

 

- “End the diversion of federal small business contracts to corporate giants.” Since 2003, more than 15 federal investigations have found that billions in federal small business contracts have been diverted to Fortune 500 firms in the U.S. and some of the biggest firms in Europe and Asia. In February of 2008, President Obama acknowledged the magnitude of the problem by releasing the statement, “It is time to end the diversion of federal small business contracts to corporate giants.” http://www.barackobama.com/2008/02/26/the_american_small_business_le.php

 

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