No business like small business
And you thought Republicans liked small businesses.
Though the GOP-controlled Legislature refused to fund it, a program that provides seed money to rural small businesses is hanging on with volunteers and contributions.
The Southeastern Utah Small Business Development Fund helped disabled and low-income people in southeastern Utah start small businesses.
Karl Kraync, former program chairman, explained to the Tribune's Dawn House:
The group has recreated itself as the Business Expansion and Retention projects (BEAR), with $14,000 in donations.
"We're still here, we're just in a different form," Kraync says. "We didn't get funded - but we didn't die."
Though the GOP-controlled Legislature refused to fund it, a program that provides seed money to rural small businesses is hanging on with volunteers and contributions.
The Southeastern Utah Small Business Development Fund helped disabled and low-income people in southeastern Utah start small businesses.
Karl Kraync, former program chairman, explained to the Tribune's Dawn House:
You get the biggest bang for the buck in helping small businesses. And in rural counties that face additional challenges, helping get a small business started makes even more sense.A legislative audit showed that in 2006 that economic benefits from the fund were twice its cost and created 59 jobs. Still the Legislature apparently was unimpressed.
The group has recreated itself as the Business Expansion and Retention projects (BEAR), with $14,000 in donations.
"We're still here, we're just in a different form," Kraync says. "We didn't get funded - but we didn't die."
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