April 24, 2014  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Small Business News for Entrepreneurs

 

Small Business Finance News

 

Senator Gillibrand Proposes Small Business Help

Written by Ken Gaebler
Published: 4/6/2011

New York Senator Kirsten Gillibrand recently a number of initiatives to help the small business sector.

While the federal government is facing a potential shutdown beginning midnight on Friday due to the failure of political parties to come to an agreement over the budget, small business news is celebrating one lawmaker.

Senator Gillibrand Small Business Assistance

New York Senator and Democrat Kirsten Gillibrand has announced a series of legislative steps she plans to take to help generate more jobs and speed up small business development.

Among the measures she plans to propose or co-sponsor are efforts to funnel more early capital to startups by providing business incubators with federal grants and allow small business owners to create tax-free savings accounts of up to $10,000 a year for five years, Crain's New York Business reports.

"There's no question, we need to do more to speed our country to prosperity," said Gillibrand during a press conference, according to the source. "Government doesn't create jobs. Businesses do."

Constituents in New York will hope to benefit from the legislation if passed, as data from the labor department shows that approximately 800,000 New Yorkers are unemployed, according to FOX-23.

Have Friends Who Might Like This Article?

Tweet via @gaeblerdotcom Share this on Twitter

Let them know on LinkedIn

 


About Our Entrepreneur News

Our journalists cover all aspects of entrepreneurship. Our coverage is dedicated to helping you to start and grow your business.

 

 

Additional Resources for Entrepreneurs

Help for Native American Entrepreneurs - Resources for Gay Entrepreneurs

Businesses for Sale - Online Entrepreneur Tools

Economics - Lists of Small Business Incubators - Lists of Angel Investors