How to Apply for Stimulus Money for Small Business – How to Apply for Stimulus Money for Small Business. According to Entrepreneur magazine, of the $800 billion in stimulus money available under the act, $54 billion is slated for state fiscal stabilization, $48 billion for transportation, $44 billion for energy, $41 billion for infrastructure, $25 billion for education,

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What did small business get out of the stimulus? Not much. Democrats and Republicans alike are always free with praise, stressing the importance small businesses play in the economy. They got that.

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"The stimulus is not awful, but I don’t know why there isn’t more money for small businesses," says Scott Hauge, president of CAL Insurance & Associates, and founder of Small Business California.

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Because of the rush to get stimulus money flowing, no "set-asides" (specific goals for what percentage of contracts should go to minority-owned businesses) were created for the stimulus money. In addition, some 80 percent of the stimulus money has not been awarded directly by the federal government but has been distributed through state and local governments, which makes it more difficult to track.

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Tax breaks for small business. The 2009 stimulus package offers several tax breaks for small businesses, including: Extends a provision allowing businesses to expense up to $250,000 of new capital equipment immediately. Extends through the end of 2009 a 50 percent bonus depreciation on some capital expenses.

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Small business debt relief is now widely available thanks to Obama’s stimulus money finally trickling down from the large financial firms where most of the stimulus money was originally lent to. According to a study by the U.S. Small Business.