Stimulating  Your  Search for Stimulus Bill Bates Bates Public Affairs Consulting [email_address] 816-868-0297
Today’s Key Takeaways <ul><li>Stimulus bill (and government, generally) offers small businesses many grant, contract and l...
 
ARRA at 20,000 Feet <ul><li>Stimulus Bill = American Recovery and Reinvestment Act (“ARRA”) </li></ul><ul><li>ARRA Goals: ...
ARRA at 10,000 Feet <ul><li>Selected Business Tax Incentives </li></ul><ul><li>Bonus Depreciation – faster/bigger write-of...
ARRA at 10,000 Feet   <ul><li>Roads, Bridges & Transit </li></ul><ul><li>Water, Wastewater & Environmental Infrastructure ...
Stimulus for Small Business Administration <ul><li>$375 million to lift fees on SBA loans and raise loan guarantee rate to...
ARRA on Runway “ Where the Rubber Meets the Road” <ul><li>Advice on going after stimulus: </li></ul><ul><li>Use industry a...
Healthcare Stimulus Strategy Example <ul><li>Client question: “Are we missing out?” </li></ul><ul><li>Starting point:  Wha...
Healthcare Example <ul><li>So…with client outside ARRA coverage, how does it profit from stimulus? </li></ul><ul><li>Indir...
Questions??? <ul><li>Bill Bates </li></ul><ul><li>Bates Public Affairs Consulting </li></ul><ul><li>[email_address] </li><...
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Found Money For Entrepreneurs and Small Business - Understanding Tax Credits, Incentives, Stimulus and Strategies of Federal, State and Local Programs

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Found Money For Entrepreneurs and Small Business - Understanding Tax Credits, Incentives, Stimulus and Strategies of Federal, State and Local Programs - Speaker: Bill Bates, Dan Weever

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Found Money For Entrepreneurs and Small Business - Understanding Tax Credits, Incentives, Stimulus and Strategies of Federal, State and Local Programs

  1. 1. Stimulating Your Search for Stimulus Bill Bates Bates Public Affairs Consulting [email_address] 816-868-0297
  2. 2. Today’s Key Takeaways <ul><li>Stimulus bill (and government, generally) offers small businesses many grant, contract and loan opportunities for those dedicated to pursuing them </li></ul><ul><li>Best opportunities may not be winning the business, but partnering with the winners </li></ul><ul><li>Government bureaucracy is daunting – relationships can make it productive </li></ul>
  3. 4. ARRA at 20,000 Feet <ul><li>Stimulus Bill = American Recovery and Reinvestment Act (“ARRA”) </li></ul><ul><li>ARRA Goals: Jobs, Economic Growth & Transparency </li></ul><ul><li>Enacted 2/19/2010 for implementation over many years </li></ul><ul><li>www.recovery.gov </li></ul><ul><li>$787 billion of federal spending (65%) & tax relief (35%) </li></ul><ul><li>Tax relief - $288 B available/$93 B paid out Agencies/Entitlements - $224 B/$109 B Grants/Contracts/Loans - $275 B/$77 B </li></ul><ul><li>State & local governments are big recipients </li></ul>
  4. 5. ARRA at 10,000 Feet <ul><li>Selected Business Tax Incentives </li></ul><ul><li>Bonus Depreciation – faster/bigger write-off for 2009 new capital expenditures for all businesses </li></ul><ul><li>Enhanced Business Expensing – even faster/bigger expensing for new and used capital expenditures; was for small business, now all </li></ul><ul><li>5-Year Carryback of Net Operating Losses for Small Businesses </li></ul><ul><li>New Incentives to Hire Unemployed Vets & Disconnected Youth – 40% of 1 st $6,000 wages </li></ul><ul><li>Energy Incentives for individuals & businesses </li></ul>
  5. 6. ARRA at 10,000 Feet <ul><li>Roads, Bridges & Transit </li></ul><ul><li>Water, Wastewater & Environmental Infrastructure </li></ul><ul><li>Clean & Renewable Energy </li></ul><ul><li>Housing </li></ul><ul><li>Small Business & Economic Development </li></ul><ul><li>Job Training & Employment Services </li></ul><ul><li>Healthcare </li></ul><ul><li>Childcare </li></ul><ul><li>Education </li></ul><ul><li>Public Safety & Law Enforcement </li></ul><ul><li>Arts </li></ul><ul><li>Nutrition Assistance </li></ul><ul><li>Telecom </li></ul>Where ARRA spends:
  6. 7. Stimulus for Small Business Administration <ul><li>$375 million to lift fees on SBA loans and raise loan guarantee rate to 90% </li></ul><ul><li>$255 million for new loans to small businesses needing to pay existing debt </li></ul><ul><li>$30 million to expand microloans </li></ul><ul><li>If you’re in loan queue, you’re probably okay for ARRA treatment </li></ul>
  7. 8. ARRA on Runway “ Where the Rubber Meets the Road” <ul><li>Advice on going after stimulus: </li></ul><ul><li>Use industry association information to avoid wading through statute </li></ul><ul><li>Use congressional offices </li></ul><ul><li>Build agency knowledge & relationships </li></ul><ul><li>Grants.gov & Fedbizopps.gov (fbo.gov) </li></ul><ul><li>Use SBA to get educated on the “art” of government contracting </li></ul>
  8. 9. Healthcare Stimulus Strategy Example <ul><li>Client question: “Are we missing out?” </li></ul><ul><li>Starting point: What business sectors can client serve, and what specific projects might merit research? </li></ul><ul><li>Next step: Industry association summaries revealed $35 billion healthcare information technology (“HIT”) spending - $19 billion in incentives to hospitals & healthcare providers for HIT that supports “meaningful use” of “certified-electronic health records”. </li></ul><ul><li>Deeper ARRA and industry research indicate client’s products are outside “certified-EHR” and that winners/losers will be determined by future regulations on HIT interoperability and certification </li></ul><ul><li>But, agency information and Grants.gov reveal impact of stimulus-funded Regional HIT Extension Centers and state Healthcare Information Exchanges </li></ul>
  9. 10. Healthcare Example <ul><li>So…with client outside ARRA coverage, how does it profit from stimulus? </li></ul><ul><li>Indirectly , by becoming a supplementary system provider of choice to certified-EHR providers and healthcare providers, a result advanced by helping the Extension Centers and Healthcare Information Exchanges </li></ul><ul><li>Directly , by discovering a future agency project </li></ul><ul><li>And, client has recognized tsunami starting this year in healthcare delivery. It is finding opportunity in threat. </li></ul><ul><li>HOW WILL YOU PROFIT FROM THE STIMULUS? WHAT’S YOUR STRATEGY? </li></ul>
  10. 11. Questions??? <ul><li>Bill Bates </li></ul><ul><li>Bates Public Affairs Consulting </li></ul><ul><li>[email_address] </li></ul><ul><li>816-868-0297 </li></ul>

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