A good friend of mine just told me that her idea had been chosen as one of 21 finalists out of 22,000 submissions in the national “Best Idea Since Sliced Bread” contest – which challenged people to submit ideas on how to improve the US economy. After two rounds of Internet voting, the judges will pick the winner from the top three. Best idea wins $100,000 but what’s really fantastic is a panel of experts and policy makers will work to turn the winning idea into law.
It’s not just because she is my friend, but also because I kind of like the idea that I wanted to alert you to this one and ask you to go vote for the idea if you like it as well. Her idea is called “ProdiMae Efficient Access to Capital” and involves a method where small business owners get similar level of straightforward and efficient access to capital that homeowners get to mortgages. You can cast your vote here.