InfoTech Solutions LLC Economic Recovery News Letter 03.01.2009

By: Nick Fasciano

InfoTech Solutions, LLC                                                   Phone 770.557.0996

The US economy is in recession and sliding deeper. Starting this year, 2009, the Federal Government is stepping in with billion dollar spending programs intended to slow the recession and eventually return to economic growth.  The American Recovery and Reinvestment Act is 407 pages describing generally where the money will go. The money will be flowing and now is the time for you to position your business to compete for your share of that money. Looking at the general  spending categories published in the Recovery Act, you can identify categories where your business has products and/or services that can be used in funded projects.

Some of the specific Goals of the Act are:

• Computerizing Americans’ health records, reducing medical errors, and saving billions in health care costs;
• Revive the renewable energy industry and provide the capital over the next three years to eventually double domestic renewable energy capacity;
• Undertake the largest weatherization program in history by modernizing 75 percent of federal building space and more than one million homes;
• Refurbishing of  public schools;
• Increase college affordability for seven million students by funding the shortfall in Pell Grants, increasing the maximum award level by $500, and providing a new higher education tax cut to nearly four million students;
• As part of the $150 billion investment in new infrastructure, enact the largest increase in funding of our nation’s roads, bridges, and mass transit systems since the creation of the national highway system in the 1950s;

Your business growth strategy, and maybe your survival strategy, may depend on how successful you are in competing for a piece of the money pie. The money will trickle down from companies that are awarded contracts for major projects to companies, like yours,  that supply the products, material, technology, and services that are used in design, development and build.
Questions you need to ask and answer:

• How do my business offerings match the Recovery Act funded projects?
• What is your strategy for getting your piece of the money pie?
• How do I promote my business offerings to organizations and companies that receive the Recovery Act funds?

InfoTech Solutions LLC can help you every step along the way, from finding where your business fits in the Recovery Act spending to how best to Market what you do. From spending bill research to offering matching analysis, to website design and update, to Internet marketing. Call us Today at 770 557 0996 for a free initial consultation.