The focus of the new stimulus package is job creation and long-term growth to lessen the impact of the recession and spur an economic rebound.

The federal government will invest $787 billion in a number of projects including alternative energy, computerized medical records, equipping schools with the latest technology, expanding broadband access and investing in science and new technologies.

The new administration is intent on energizing business.

The Business Plan Store will get you ready to apply for funding with your own personalized, professional business plan.

Exciting things are beginning to happen. The winners will be those prepared to take advantage:

• The Small Business Administration will receive $20 billion in new lending authority (reported here).
• Basics of the Main Loans Offered by the Small Business Administration here.
• A good summary of what is in the act for small business appears on the SBA Watchdog Blog.
• BusinessWeek reports on small business tax provisions here.
• Specific industries and projects include:
  • Battery makers
  • Green energy
  • Health related information technology
  • Broadband, and
  • Infrastructure spending

Complete Coverage of the Credit Crises by The New York Times

The Business Plan Store has been writing business plans for more than ten years helping entrepreneurs and small businesses launch new and expand existing businesses.  The economic stimulus plan will facilitate the launch and expansion of 50,000 businesses in the years to come.  Will yours be one of them?  We can help you get started with your business plan today.