Learning how to get set-up as a Limited Libility Corporation, apply for your EIN, DNB Federal account, and entry into the Central Contractors database is a must for getting government contracts, and qualifying for benefits. Recently, we've all heard about the 1000 new jobs that will be available with the Bank of America and the Small Business Jobs Act.
The American Recovery and Reinvestment Act was created in response to our immediate economic crisis to help create new jobs, and to save as many existing jobs as possible, to motivate economic mobility, and to create a mindset of accountability within the government.
According to Reuter.com President Barack Obama signed a $30 billion dollar lending bill into law in September of 2010, which is meant to create a small business lending fund for entrepreneurs, which could result in up to 500,000 new jobs. http://www.reuters.com/article/idUSTRE68Q4H220100927
The Small Business Jobs Act was created to increase the small business funding amounts. According to the Small Business Administration, more then $500 have been awarded in order to support lending request under the Small Business Jobs Act. http://www.sba.gov/recoveryq/index.html
How does this affect you?
The Federal, State and local government offers, you (the small business person) the chance to sell or provide millions of dollars of products and services to them. They have special set-aside especially for you and it's time you received your share.
So in the coming weeks I will be walking you though the process of getting set-up to access the Government Contract Procurement websites. In the meantime, feel free to share any information with our forum members.
