by Leslee Kulba
Wild West blogger
The US Small Business Administration will continue its efforts to taint private business with the spooge of government money. ScaleUp WNC will now avail more funding to two groups: (1) those who prefer padding their bottom lines with government grants to all the hassle of fighting regulators in order to research, develop, and market something that can really sell; and (2) those unable to procure a conventional loan because government, in cooperation with predatory lending regulations, is crowding out traditional sources of startup capital.*
*For clarification, I modified the phrase “lending regulations” with “predatory;” intending to insinuate the prey was the lending institutions themselves.