Small Business Jobs Act of 2010

On Sept. 27, 2010, President Obama signed into law the Small Business Jobs Act, the most significant piece of small business legislation in over a decade. The new law is providing critical resources to help small businesses continue to drive economic recovery and create jobs. The new law extended the successful SBA enhanced loan provisions while offering billions more in lending support, tax cuts, and other opportunities for entrepreneurs and small business owners.

·       New Law Puts More Capital in the Hands of Entrepreneurs and Small Business Owners

·       New Law Strengthens Small Businesses’ Ability to Compete for and Win Contracts, Including Implementing Recommendations from the President’s Task Force on Federal Contracting Opportunities for Small Business

·       New Law Promotes Small Business Exporting, Building on the President’s National Export Initiative

·       Law Expands Training and Counseling

·       New Law Provides $12 Billion in Tax Relief to Help Small Businesses Invest in their Firms, Create Jobs

·       Treasury Department Provisions

Please read more about the Small Business Jobs Act of 2010 at the following link: http://www.sba.gov/content/small-business-jobs-act-2010