Good morning, This week, the Senate approved a sweeping new infrastructure bill that stands to inject around $1 trillion over five years into America's sagging roads, waterways, and bridges. It’s bound to give small businesses a boost. The bill, called the Infrastructure Investment and Jobs Act, calls for $550 billion in new spending above and beyond existing authorized funding. Small businesses across sectors will be able to bid on projects from airport repair and maintenance to broadband infrastructure and electric vehicle chargers. For certain programs, at least 10 percent of the money must be spent through small businesses owned and controlled by socially and economically disadvantaged individuals, which includes women-owned businesses. Read our story to learn what’s in the bill and how your business could benefit. |
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