Small business employment has grown 4%, while employee compensation increased slightly, by half a percentage point.

The growth in employment has been trending upward since June 2009, and businesses have added about 300,000 new jobs since then, according to a study by financial software company Intuit.

Gaebler.com’s Resources for Entrepreneurs reports “The project includes a $200 million donation to community colleges to give grants to small business owners to further their education, as well as an investment of $300 million through a combination of lending and charitable support.

Buffett agrees that the investment is good business.”Our recovery is dependent on hard working small business owners across America who will create the jobs that America needs,” he said.”

Seems like you’ll want to stay in touch with your local community college and check with your bank to see how you can benefit from this money and professional guidance.

Let me know what you think? Will we actually see any of it?