[Bill Becker worked at SBA (Small Business Administration) before coming to DOE, where I met him. We tried to get SBA to use its huge loan program to help small businesses buy energy-saving equipment -- authority the SBA already has. But SBA had no interest. Obama's pick for SBA, venture capitalist Karen Gordon Mills, has green cred and joins a very cleantech savvy Obama team, so hopefully she will green SBA. Following Bill's recommendations below would be a good place to start.]
Companies that are “too big to fail” have been getting most attention in the bailout packages emerging from the federal government. But in the economic recovery plan now being considered by Congress and the incoming Obama Administration, the focus should be on small businesses.
While the Big Three have been the latest squeaky wheels to get greased by billions of dollars in taxpayer bailout money, small businesses are the real engine of job creation and innovation in the U.S. economy. With a little bit of help, they will be the locomotive that pulls us into the new energy economy of the 21st century.