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May 25, 2012

CompTIA Says Small Business Focus will Stimulate Economic Growth and Advance Innovation

Washington, D.C., May 25, 2012CompTIA, the non-profit association for the information technology (IT) industry, today renewed its call for greater attention and action by lawmakers and regulators to the needs of the nation’s small businesses to stimulate economic growth and advance innovation.

“Small- and medium-sized businesses are the lifeblood of the national economy, employing more than 50 percent of the country’s private sector workforce,” said Todd Thibodeaux, president and chief executive officer, CompTIA. “Yet, too often, when national policy is debated, the interests of small businesses are ignored or misunderstood. SMB voices must be heard in Washington and throughout the country.”

Within the IT industry, small technology companies account for 40 percent of all IT jobs and 98 percent of the nation’s IT firms; employ millions of Americans; and contribute billions of dollars annually to the nation’s economy.

“Small IT business, start-ups and entrepreneurs are vital contributors to the nation’s economic strength and technology leadership,” said Thibodeaux. “Their contributions can be even more impactful with a few common sense actions.”

The Voices of Small Business
To mark National Small Business Week, CompTIA has spotlighted four of its small business members and the issues affecting their ability grow their businesses. Here is some of what they said:

“We could not participate in the government’s Women-Owned Small Business program unless there was another female competitor. Procurement officers required that at least two women-owned small businesses compete for the contracts, even in the IT field, where women-owned businesses are underrepresented. I’ve discovered that being an advocate for these types of issues can help your business. Involving yourself in these political issues, right now, can make great changes that improve your business.” – Wendy Frank, Accell Security, Inc., Birdsboro, Pa.,

“The cost of tax compliance is a huge issue that impacts our ability to focus on our core businesses and, as a result, new business opportunities. It just makes sense to allow small businesses to move to an annual payroll tax return filing. This will free up time and money for us to spend on growing our business and contributing to job creation and economic growth.” – MJ Shoer, Jenaly Technology Group, Portsmouth, N.H.

“The key to driving continued growth and profitability across the technology sector is through innovative products and solutions. Empowering fledgling and growing organizations with the flexibility of crowdfunding will enable a new wave of innovators, market challengers and thought leaders.” – Jacob K. Braun, Waka Digital Media Corporation, Boston.

“The cloud has created a frictionless market for us to deliver high value services at an affordable price point. Because everything we do is in the cloud we can serve our customers regardless of location. Government regulation and additional taxation would negatively impact our ability to service clients and would limit our growth and ability to expand globally.” – Dan Shapero, ClikCloud, Laguna Beach, Calif.

About CompTIA
CompTIA is the voice of the world’s information technology (IT) industry. Its members are the companies at the forefront of innovation; and the professionals responsible for maximizing the benefits organizations receive from their investments in technology. For more information, visit www.comptia.org or follow CompTIA at www.facebook.com/CompTIA and twitter.com/comptia.

CompTIA’s Public Advocacy group focuses on a broad array of issues affecting the IT industry, with particular emphasis on representing the interests of small and mid-sized IT companies and entrepreneurs.  Areas of focus include workforce education and training, tax matters, access to capital, health IT, procurement, cybersecurity and smart technologies.

Steven Ostrowski
Director, Corporate Communications