Small Business Job Growth in the United States
Date added: 22 Mar 2012
In New York City, Stanley Litow (left), President of the IBM International Foundation and Small Business Administration (SBA) Administrator Karen Mills (right) sign an agreement to launch Supplier Connection, a free web site that makes it easier for 50,000 small U.S. businesses to sell their goods and services to large companies. The new program, which allows small firms to tap the $300 billion that 15 large corporations spend annually with vendors, was created and maintained by IBM through a $10 million grant from the IBM International Foundation. Small firms employ half of all private sector employees, making them vital to growing the U.S. economy and creating jobs.