Here's a summary assessment of the HIRE Act for the entrepreneur.
In March 18th 2010, President Obama signed into law a $17.5-billion jobs bill called the HIRE (Hiring Incentives to Restore Employment) Act. The bill includes subsidies for constructions bonds (state and local) and business tax credits, and moves $20-billion in highway trust fund.
So what, if any implications on hiring would this have for the entrepreneur?






If you are an entrepreneur in a startup or growing company, I don't have to tell you that these are economically difficult times. Entrepreneurs have been hit from every financial front imaginable: the venture capital industry has been devastated, the decline in real estate has reduced home equity loans, and the banks themselves have teetered on the edge of the abyss. Even the consumer credit card industry, the last resort of financing for many entrepreneurs, has tightened up considerably. Many credit card companies have drastically slashed consumer credit as a means of protecting themselves.
“Now, here, you see, it takes all the running you can do, to keep in the same place. If you want to get somewhere else, you must run at least twice as fast as that!”
There is no question in my mind that the Internet is the greatest resource ever invented for entrepreneurs who want to raise money from investors. Never have so many tools existed for entrepreneurs to locate investors. You can extend the premise of Chris Anderson’s famous book “The Long Tail” to include investors: for every project, every idea, no matter how unusual or niche-focused, there is somebody somewhere who will want to invest in it.