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President Barack Obama To Stop In Cleveland For Small Business Forum

Written by Jenna Weiner
Published: 2/15/2011

President Barack Obama and several members of his cabinet plan to visit Cleveland State University to meet with local businesses.

Despite recently cutting approximately 45 percent of the U.S. Small Business Administration's budget, President Barack Obama plans to stop in Cleveland, Ohio, to speak with its small business community about everything from finance to franchising news.

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Obama will visit Cleveland State University with several of his Cabinet members on February 22 for a "Winning the Future" forum on small business. The event will be presented in conjunction with local business innovation groups JumpStart and Nor, the Cleveland Plain Dealer writes.

"The forum will be an opportunity for the president and his economic team to hear directly from small business owners and leaders about their ideas for how America can continue to grow the economy, put Americans back to work and win the future," a White House official told the paper.

The visit will come at a time when many experts are losing confidence in the Obama administration's plan to get small businesses back on track. In fact, the Huffington Post reported in a recent article that the White House has predicted that the much lauded $30 billion Small Business Lending Fund will fall far short of hopes, with only a little over of the intended allotment reaching owners.

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