Snap-O Fact #5
Post date: Dec 07, 2011 3:1:43 PM
Snap-O Fact #5
The Obama Administration has increased minority access to capital!
The Obama Administration has strengthened Small Business Administration programs that provide capital to minority-owned businesses, support outreach programs that help minority business owners apply for loans, and work to encourage the growth and capacity of minority firms.
Sources:.
From Politifact.com http://www.politifact.com/truth-o-meter/promises/obameter/promise/16/increase-minority-access-to-capital/
Time magazine, Are Minorities Being Fleeced by the Stimulus? , Nov. 23, 2009
http://www.time.com/time/nation/article/0,8599,1940338,00.html?xid=rss-topstories
http://thehill.com/homenews/senate/87035-senate-dems-launch-floor-protest-of-gop-tactics