A Capitol Idea: Small Business Help At The Federal Level

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Show me a person who doesn’t want to help small business and I’ll show you a very unpopular person.

As is so often the case, while everyone wants to help the class of business that many consider the pistons in the U.S. economic engine, not many know how. That’s why Illinois Senator Mark Kirk’s efforts are encouraging, at the very least.

Kirk is pushing an economic agenda that he claims will benefit small businesses directly, an agenda that he’s hoping will have a positive impact nationwide. The first piece of that was approved by the Senate this week, targeted at streamlining the patent process for small business everywhere:

“This amendment seeks to assist some of our greatest innovators by providing a fast lane within the U.S. Patent and Trademark Office for small businesses to receive information and assistance regarding their patent applications,” Senator Kirk said. “Currently, American small businesses produce thirteen to fourteen times more patents per employee than do large firms, proving the axiom that small businesses are the true incubators of American innovation.”

The creation of an ombudsman who can answer questions and offer guidance is the primary focus of the bill, something that can only help to navigate the byzantine process of obtaining a patent. If your business regularly or even sporadically goes for patents, you’ll want to track this legislation as it moves on.
In fact, it’s a good idea to keep your eyes on Capitol Hill anyways, because bills both beneficial and potentially harmful to your business may be lurking. As always, we’ll strive to do the heavy lifting for you and bring you that news, so stay tuned.
Any legislation you’re watching closely? Let us know in the comments.
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