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New city task force aims to support small businesses
By Sam Boykin CHARLOTTE — A new 15-person task force will meet next week to spearhead the City of Charlotte’s efforts to support small businesses. Members, appointed by Mayor Anthony Foxx, are charged with reviewing the city’s Small Business Opportunities Program (SBOP). Foxx, who didn’t return calls for this story, indicated in a press release that promoting and supporting entrepreneurship is particularly important in the current economic climate. The program, which began in 2003, is designed to enhance competition in city contracting and promote economic growth and development. It does this through a certification process, said SBOP Manager Nancy Rosado. The city certifies certain companies as Small Business Enterprises (SBE) based upon owners’ personal net worth and other criteria.