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Oklahoma Conference Gives Small Business Lending Advice

Written by Jenna Weiner
Published: 11/10/2010

The 2010 SBIR National Conference will help entrepreneurs gain access to capital

Small business owners in Oklahoma City and surrounding areas recently got the chance to learn more about getting funding, thanks to a conference that runs through Wednesday.

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The 2010 SBIR National Conference is taking place at the Cox Convention Center and will give entrepreneurs the opportunity to lean more about how to gain dollars available to them through the federal government's Small Business Innovation Research and Small Business Technology Transfer, the Oklahoman reports. The contracts total more than $2 billion and are aimed at helping high-tech small businesses get the capital they need to start out.

Sean Greene, who is an associate administrator at the U.S. Small Business Administration, said that lending during this period was crucial to help the economy get back on its proverbial feet.

"Innovative companies with high growth potential ... are a critical part of helping that job growth we know is so important right now." Greene said in an interview with the newspaper.

Greene made news for small business recently when he touted the SBA's increased efficiency in 2010. He told the Wall Street Journal that the SBA "more than doubled the number of funds" it had lent in half the time. 

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