Wednesday, February 04, 2009

Obama's SBA chief expected to focus on women's businesses

BusinessWeek is reporting that President Barack Obama's Small Business Administration chief Karen Mills, the Harvard-education daughter of the couple that leads the Tootsie Roll company is expected to focus on promoting commercial endeavors involving women.

Mills is expected to be a bi-partisan operator.

"She's also likely to focus particularly on the needs of women-owned small businesses and to help foster a more global role for American entrepreneurs," BusinessWeek reports.

In 1999 she co-founded a New York private equity firm, Solera Capital, which has invested in Annie's and Latina Media Ventures — both small businesses controlled by women. BusinessWeek cites this as s sign of what may lie ahead with the SBA.

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