Florida Receives Federal Funds Of USD 97 Million For Small Business Loans
Filed in archive opportunities on August 17, 2011

© Images_of_MoneyAs per the US Treasury Department, Florida's state-level small business lending programs will be supported by two separate pools of money amounting to USD 97 million. Florida's Office of Tourism, Trade and Economic Development and Enterprise Florida, Inc. will administer one pool, while the Office of Tourism, Trade and Economic Development, will oversee the other.
The Florida Capital Access Program, as it is called, will boost small business lending through private sector lenders. It will also help in creating jobs in Florida owing to small business. In Florida, small business fuels the economy.
The decision to fund small business in Florida is part of the 'Small Business Jobs Act' that President Barack Obama signed into law recently. As per the Act eleven states and the District of Columbia have been approved for the USD360 million funding program.

© Images_of_Money
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