"One thing about women, is they don't give up." No these words were not spoken by the eloquent public speaker, President Barack Obama. These strong words of determination was spoken by a small business owner of a small technology firm, List Innovations Solutions and her name is Katie Sleep. President Barack Obama's economic policies;however can significantly help small woman owned businesses.

Katie speaks for millions of women who have started small businesses and even with the help of the Small Business Administration had to start over or start a new business. To deal with the stresses of running a small business, Katie is getting physical fit to compete in a triathlon. Working out has been a daily positive force helping her to deal with the responsibilities of sustaining her small technology firm.

As with many companies, big and small, technological companies are having to deal with sustainability of staying in business without laying off workers in an economy that is presently  in a recession. No longer does government set aside business contracts for small businesses so small business owners are having to compete in the marketplace. Most fields according to the Small Business Administration does not have enough women business owners but the technological industry is saturated with women giving them no play in the small business set aside provisions of the government. Professional services have more women owned businesses with the technology field taking the middle road.

The Small Business Administration list over 69,000 women owned firms in theUnited States. Only about 3,000 of these 69,000 woment owned firms receive work from government or federal contracts. The concentration of women owned technology firms include computer data processing and computer sales with a net worth of $46 million in 2008. Women however have not counted themselves out of getting government set aside contracts that can prove to be quite lucrative in securing income and sustainability for their companies. Women remain underrepresented in most industry sectors.

Women owned companies just do not have the resources to compete with the larger companies competing for federal money. Most of the larger companies have strong ties with government agencies leaving the smaller companies like Katie's unable to freely compete in the free enterprise system. Government agencies are now putting smaller projects together and then putting the jobs out for open market competition privvy to larger companies.

This process leaves women owned small business out of the competitive market and bidding process. Women face serious barriers when they try to break into the defense contracting business. There is an exclusive club of companies that have a hold on lucrative contracts that hinders women owned businesses to progress to  the forefront of competitive emergence and benchmarks.

Women owners of small businesses are looking to the new administration of President Barack Obama to help sustain their small business as part of the $787 billion Economic Stimulus Package.  The recovery plan realizes that small businesses are what America drives and strives on.  President Barack Obama has a tax credit in his recovery plan that will give tax credit to 95 per cent of families and businesses if the yearly income is less than $250,000.

Women in small business should review the tax credits of President Barack Obama $787 billion Economic Stimulus Package as outlined on the public website recovery.gov.  Listed under the stimulus money that is to be given to states' aid is the provisions for small business tax credits.

The Presidency of Barack Obama with the "Yes We Can" attitude has encouraged more than government but has encouraged all Americans to use their best history.  To use your best history is to move forward with your small business plans like Katie and compete for contracts or subcontracts in spite of the country club environment of the competition arena.  To not try to compete would be to not give your small business the push that it needs to get started in an economy that is not fairing too well. 

The results of the President Barack Obama's $787 billion Economic Stimulus Package will start affecting the American economy by the end of June of 2009.  By the end of 2010 and the beginning of 2011, economists are predicting that the economy will be working itself out of the recession with help from President Barack Obama's $787 billion Economic Stimulus Package, the $275 billion Home Mortgage Restructuring Plan and the $634 billion Health Care Reform Bill.

With the good news that the economy is being stimulated to again began to use credit as its cornerstone, the forecast and prediction looks like a good time to start a woman owned small business venture.

Do not be wary and weigh yourself down with the weight of the economy or to use the economic crisis as a reason to forego plans to start your small business.  You can began now to make your business plan and expand on your business networks to get your business started.  The fallacy would be not to do anything at all to start your business if a small business is your goal.

Just as President Barack Obama stated during one of his reassuring speeches; to do nothing would be worse than doing nothing at all.  On the table is an economic that has gone rampart but as a woman looking to start a business, the time probably is right to get your small business moving forward.

The beginning of this article was speaking of women in small business dealing with technological government contracts. Katie as a small business owner stated the stresses of dealing with competitors in the government field of contracting. The government is a great source of impetus to start a business with government contracts but as Katie has experienced, the competition is steep.  Private enterprise that looks to benefit from President Barack Obama's Economic Stimulus Package is a good place to start outside of the government with government assistance to start a small woman owned business.

When working to start your woman owned business, an appropriate place to get help and informationation of starting or promoting your small woman owned business is the Small Business Administration  (SBA).  This agency has the task of ensuring that the small business women get the information they need in order to start their business whether with government connections or in the private enterprise.

President Barack Obama's $787 Billion Economic Stimulus Plan can help you to start your small woman owned business.  President Barack Obama is doing his job to stabilize the economy and to get credit flowing with prosperity again.  Small woman owned business should make their ideas and business plans available to the Small Business Administration to get a foot in the door when the economy crisis is over.  President Barack Obama once said that Americans have overcome tough difficult times before and they can overcome these obstacles again.