Continuing its push to provide small companies with resources necessary for growth, the Obama Administration on Tuesday is hosting an all-day conference in Washington designed to decode the difficult process of raising capital.
Replete with heavy hitters, the speakers include Treasury Secretary Tim Geithner; SBA Administrator Karen Mills; Scott Case, co-founder of Priceline and head of the government’s newly formed entrepreneurship advocacy group StartUp America Partnership; and Jeffrey Immelt, CEO of General Electric and chairman of the President’s Council on Jobs and Competitiveness.
Carbon Day Automotive, a distributor of electric vehicle charging stations in the Midwest, said interest in its products has been rising along with the high price of gas at the pump. The problem is automakers aren’t keeping pace by delivering enough cars.
“The Midwest has been overlooked,” said Brian Levin, Carbon Day vice president and partner. “We’re definitely the chicken before the egg.”
Seeking sources for a Reuters story: Know small cos. making conscious moves away from gasoline dependence due to high prices? Pls email.
Nearly half (47 percent) of the owners polled in a recent survey by office equipment maker Brother International Corp said they were willing to spend rather than stockpile cash reserves – an increase of 11 percent over 2010, when they were still facing recessionary pressures.