small business

Minneapolis, Today and Tomorrow

Growing up in all white and mostly Jewish Oak Park (Michigan) of the 1950’s my only encounters with black people were our 70 year old landscaper my grandparents referred to as ‘boy’ and an occasional maid. My grandparents lived south of 8 mile and would take us to eat at ‘Little Black Sambo’s’ restaurant. That was the ‘normal’ I was raised in.  read more »

Indianapolis Backs $25 Million in Paycheck Protection Loans

I want to highlight a great development here in Indianapolis. The city of Indianapolis has approved allocating $25 million to fund federal paycheck protection program loans underwritten by the Indy Chamber. (Full disclosure: I am a consultant for the chamber).  read more »

US House Gives Small Business the Huggem-Muggem

“In public Congress hugs them, in private they mug them!” So said the late Milt Stewart, one of the architects of the Small Business Innovation Research (SBIR) Program in the 1980s and a renowned advocate for America’s small businesses.

I first met Milt in 1992 and eagerly joined forces with him and others from business and government to generate more research opportunities for America’s small businesses – then and now, the most potent force for innovation and job creation on the planet.  read more »

Supporting Small Business in NYC: The Harlem Metro Market Project

The Harlem Community Development Corporation has come up with a rather unique plan to combat high real estate prices in the district. It proposes establishing an open-air market under the Metro North tracks spanning one mile, or 22 city blocks. This new market would accommodate about 900 vendors, helping to increase the now low number of local entrepreneurs and independent retail stores in Harlem.  read more »

I Heart Des Moines

Forbes Magazine just released its "Best Places for Business and Careers" list and it's no surprise to me that Des Moines, Iowa just landed in the top spot. Nearly 5 years ago, I'd have said the same thing you may have just muttered. "Des Moines...that's fly over country...who'd want to live and work THERE?" I fully appreciate your logic with our cold winters, humid summers, and ag-centric heritage.  read more »

No Bailout of Small Businesses

CIT Group Inc. acknowledged today that “policy makers” turned down their request for aid. It’s always sad when a company fails and goes into bankruptcy – people lose their jobs, all the vendor companies that sell them products suffer from the loss of business, etc. But what makes this one especially sad is that CIT, according to Bloomberg News, “specializes in loans to smaller firms, counting 1 million enterprises, including 300,000 retailers, among its customers.”  read more »