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On Small Business
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Posted at 06:30 AM ET, 09/23/2013

Small business weekly: General solicitation, lending programs and health care exchanges

A review of some of the biggest small business and start-up stories from the past week, with a focus on Washington.

Obamacare’s health insurance exchanges on the clock

Several states and the federal government are racing to get their new individual and small business insurance exchanges ready to launch on Oct. 1, the deadline established by the Affordable Care Act. However, some states are already poised to miss the official state date.


The SEC today lifted an 80-year ban preventing entrepreneurs from widely reaching out to private investors. (Andrew Harrer - BLOOMBERG)
Maryland posts low small business exchange rates

Marlyand, one of the states that will miss the small business exchange deadline, last week presented some consolation to small employers — final rates for the employer exchange (which will open in January) that are lower than those in many states across the country.

On federal exchange, a serious problem emerges

A glitch on the federal exchange is preventing the government’s software from accurately determining how much individuals and employers need to pay for coverage, presenting a serious last-minute problem for the marketplace to be used in 33 states.

Online sales tax is back — with no exemptions

House Judiciary Committee Chairman Bob Goodlatte (R-Va.) last week revived the online sales tax movement with a list of principles for a bill, in which he proposed scrapping a small business exemption included in legislation passed by the Senate earlier this year.

So long, general solicitation ban

On Monday, after eight decades, the Securities and Exchange Commission will get rid of a ban that prevented entrepreneurs from marketing their private offerings to investors.

SBA loan program in trouble, GAO says

The Small Business Administration’s Patriot Express lending program, which is meant to help military veterans secure business loans, has cost about $31 million in default payments since 2007, a new report shows.

Goldman Sachs expands small business assistance

Goldman’s 10,000 Small Businesses program has for the past four years offered mentorship, management and lending support services to small employers in 15 cities. Now, it is expanding nationwide.

Treasury lending initiative saves local company

Cidalia and Natalia Luis turned to a little-known federal loan program when fire, rain and the economic collapse combined to cripple their small road-construction business in 2011.

What are you keeping an eye on this week? Please let us know below.

Follow J.D. Harrison and On Small Business on Twitter.

By  |  06:30 AM ET, 09/23/2013

Tags:  small business, business, entrepreneurs, startups, obamacare, economy

 
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