With its legislative agenda for job creation stuck for the foreseeable future, the Obama administration has turned inward, looking to the federal bureaucracy for new ways to jump-start the economy.
Lately its gaze has settled on the Small Business Administration. Yes, it has proposed merging the SBA into a much bigger government agency dedicated to business and trade.
But an arguably more consequential decision came in December, when the SBA unveiled a new $1 billion program to invest in young companies by loaning money to venture capital funds.
To read the full, original article click on this link: SBA program to invest in startups - El Paso Inc.: Border Business
