Economic Perspectives with Hopeton Hay on KAZI 88.7 FM in Austin, TX

The Future of Small Business Under President Obama Focus of March 30 Economic Perspectives

Posted by Hopeton on March 28, 2009

Jeannette Peten will discuss the future of small business under President Barack Obama’s Administration on the March 30 edition of Economic Perspectives.  Peten is the founder and president of BiGAustin, the 2nd oldest microlender in Texas.  Founded in 1995, BiGAustin provides entrepreneurial training, business counseling, and loans up to $50,000 to small businesses in central Texas.  It has served over 1600 small business owners and aspiring entrepreneurs.  BiGAustin has helped its clients leverage $6 million in financing to start or expand their businesses.

Jeannette Peten

Jeannette Peten

Peten, who has a business degree from The University of Texas at Austin, has been providing financing, training, and technical assistance to small, minority, and women-owned businesses since 1989.  She served for six years on the Board of Directors of the Association of Enterprise Opportunities, the leading voice for microenterprise in the nation.  Peten has also testified in support of the the SBA Microenterprise Loan Program before the U.S. House of Representativess Small Business Committee

She started working with small businesses as a business consultant for Grant Thornton CPA firm while it was operating the Austin Minority Business Development Center.  In addition to her small business experience, Peten worked in corporate finance for IBM and Merrill Lynch.  She also served as

Peten says her passion for helping small businesses came from her family experience in entrepreneurship.  Her father owned a construction firm and her mother operated a beauty salon in her home town of Philadelphia.  Both her parents benefitted from special assistance programs for minority businesses.


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