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Small Business News Round-Up
 

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Entrepreneurship has found a home among an unlikely community: Asian women. The Arizona Republic writes this week about how entrepreneurship is getting an unexpected boost as more Asian women are starting their own ventures:

"The number of Asian women going that route shot up 40.6 percent between 2002 and 2003, according to another recent study by the U.S. Small Business Administration's Office of Advocacy," the paper reports. "Self-employed people, often consultants or direct sellers, generally do not employ others. Overall, the number of self-employed women shot up 8.3 percent in the same time. Business ownership isn't a new concept for Asian families, however. Many women were exposed to businesses run by the male head of the household."

With the cost of healthcare continues to be among the biggest issues for small businesses, the National Association of Realtors has begun lobbying Congress on the subject. The group's effort will include a $1.2 million advertising campaign to urge the government to pass legislation that would give small business employees access to the same quality group health insurance plans currently available to union workers and employees of large corporations.

Meanwhile, the Baltimore Sun reports that the cost of healthcare coverage "has topped the affordability guideline" for small business workers for the first time.

In tech news for small businesses, ZDNet covers HPís latest initiative for small businesses, reporting that the tech giant has teamed up with Symantec to offer security and data backup services to small and mid-size businesses for $20 per month per employee.

Hereís a roundup of the developments in various states. An assembly plan to insure more of Nevada's pregnant women and small-business employees is receiving no opposition as it travels through the Senate, according to the Associated Press. "The bill would tap into about 90 million dollars in federal matching funds over the next five years to expand coverage for populations whose income levels are currently above set limits," says the article.

In New Jersey, a $59,960 grant from the U.S. Department of Agriculture will fund the opening of a new business center at Sussex County Community College. The center will act as a "small business incubator" to aid local entrepreneurs reports the New Jersey Herald.

Last updated: May 20, 2005




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