house Bill H.R. 4111
Should Small Business Investment Companies Focus on Underserved Areas?
Argument in favor
The Small Business Administration’s SBIC program helps speed the development of small businesses across the country, and it’d be wise to focus such efforts on underserved areas.
05/08/2018
The Small Business Administration’s SBIC program helps speed the development of small businesses across the country, and it’d be wise to focus such efforts on underserved areas.
05/08/2018
It’s time that businesses of all sizes to move into areas, the inter cities as example, to bring services of all types, to the folks thst need them.
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05/08/2018
This is a great idea if you want to boost the economy and I am all about posting the economy.
Argument opposed
The Small Business Administration shouldn’t place an emphasis on SBIC applications from underserved areas to spur the growth of small businesses in that area.
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05/08/2018
Small businesses should be free to pursue their ambitions wherever they like. Underserved is a subjective term and does not deserve to be placed in law.
05/08/2018
Government has NO place deciding where or whom "deserves" to start a business beyond credit worthiness and business plan viability.
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05/09/2018
Sure, it sounds nice to say that underserved communities should get more attention and investment, but that shouldn’t be by rule of the federal government. If investors want to focus on stimulating these types of communities, they can do so by their own choice.
The Small Business Administration’s SBIC program helps speed the development of small businesses across the country, and it’d be wise to focus such efforts on underserved areas.
Small businesses should be free to pursue their ambitions wherever they like. Underserved is a subjective term and does not deserve to be placed in law.
It’s time that businesses of all sizes to move into areas, the inter cities as example, to bring services of all types, to the folks thst need them.
Government has NO place deciding where or whom "deserves" to start a business beyond credit worthiness and business plan viability.
Sure, it sounds nice to say that underserved communities should get more attention and investment, but that shouldn’t be by rule of the federal government. If investors want to focus on stimulating these types of communities, they can do so by their own choice.
It is imperative that all people pay attention to the needs of the poor, underprivileged in hard-to-reach areas. Solutions that come from small businesses who know and can relate to the needs the best should be given a chance to succeed.
This is a great idea if you want to boost the economy and I am all about posting the economy.
I think under served can be defined. Acinities where the job to worker ratio is low seems like a good place to focus money. Small towns, areas of cities where there are few jobs and services, etc. Access to work and education drives down crime and improves lives.
So anywhere that people decide to concentrate in their numbers, should be served for arbitrarily high population density, at the expense of everyone else, no matter what? Maybe there should be some collective decision about how the population is distributed over the land. Maybe there are even some land areas that should be abandoned.