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The Obama Stimulus Plan and WMBEs


Is it a Lifeline or a Kick to the Flailing Small Businesses? - By Ji Hyun Lee

You can stand on the left side or the right side of the debate but your perspective will depend entirely on who you are and what you represent. If you’re a consumer, an out-of-work Dad for example, you probably support President Obama’s new stimulus plan. If you’re a business owner with 100 plus employees, you probably denounce the new plan, seeing it as a financial trap for your company. But what if your business is fairly new and small, with a staff of 15 or less even? If you are a certified minority or woman enterprise, what’s in it for you?

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