Underreported: Small Business Money Goes to Corporate Giants

Thursday, July 31, 2008

During 2006 and 2007, the Department of Interior awarded over $430 million in small business contracts to corporate giants like Xerox and John Deere. We look into how that happened, and whether that’s part of a larger pattern of directing small business money to large corporations. Lloyd Chapman is president and founder of the American Small Business League, a non-partisan group advocacy group for small businesses.


Lloyd Chapman
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Comments [2]

Greg from NJ

I'm at a VC firm, and the money is NOT going to our firm- its going to our small business portfolio companies where we are one of many investors. These are truly high risk, small enterprises with significant (often majority) ownership by the employees. They are creating the next generation economy, and are one of the last bastions of research driven innovation. An extremely good investment for the country, and definitely a small business under any definition.

Jul. 31 2008 01:39 PM
Talavera from Central Islip - Long Island, N.Y.

This would be the kind of thing Obama would shed light & have it reversed...

Jul. 31 2008 01:37 PM

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