Startups, newly established and growing small businesses now have a new source of financing backed by the U.S. Small Business Administration as 20 community organizations have been funded by SBA to start making loans up to $200,000 to qualifying small businesses.
Authorized under the Small Business Jobs Act of 2010, the new Intermediary Lending Pilot Program will provide direct loans up to $1 million to 20 community organizations or intermediaries in fiscal year 2011, which in turn will use those funds to help finance small businesses, mostly in underserved markets.
The benefits of cloud computing….most of the time.
The cloud is changing the way we conduct business. Specifically, it is changing the way we gather and disseminate information and even to an extent, our personal relationships. Cloud-based apps that allow employees, partners, and clients to share information anytime, anywhere represent a paradigm shift, the effects of which we have only begun to realize. The Cloud allows companies to respond to clients and situations quickly benefiting from the clouds anywhere, anytime capabilities. According to a recent Harvard study responding to leads within the hour generates 7X the conversions rate.
But there are still circumstances where you shouldn’t use technology, the Cloud included. Here are 3 occasions when you need to come on down from the Cloud and pick up your pen or your phone: