President Biden To Handle Nationwide Small Enterprise Week Attendees Throughout Digital Summit, … | Information

Washington, Could 02, 2022 (GLOBE NEWSWIRE) — The U.S. Small Enterprise Administration (SBA)’s 2022National Small Enterprise Week celebrations will formally start with a three-day digital summit and an awards ceremony for honorees. SBA Administrator Isabella Casillas Guzman will kick off the nationwide occasion on Monday, Could 2, addressing registered members throughout the academic, coaching, and networking occasion. To finish the celebration, President Joe Biden will ship pre-recorded remarks congratulating our Nationwide Small Enterprise Week award winners and acknowledging the contributions of America’s 32.5 million small companies to our Nation’s historic financial comeback.

President Biden, in his proclamation declaring Could 1-7 as Nationwide Small Enterprise Week, said, “For generations, small companies throughout America have formed and embodied our Nation’s entrepreneurial spirit and pushed our economic system ahead. At the moment, greater than 32 million small companies make use of nearly half of America’s workforce and characterize the center and soul of numerous communities. Throughout Nationwide Small Enterprise Week, we have fun America’s small companies and their monumental contributions to American life and prosperity.

“After I first took workplace, the pandemic had devastated America’s small enterprise group. Lots of of 1000’s of small companies had closed, essential streets have been shuttered, and hundreds of thousands extra Individuals have been out of labor by no fault of their very own. Even with the creativity and resilience of small enterprise homeowners and staff, COVID-19 took an incalculable toll on so many lives and livelihoods. That’s the reason I made it a prime precedence to offer substantial, quick aid to our Nation’s small companies, giving them the instruments, sources, and help they wanted to reopen, rehire, and rebuild.

“My American Rescue Plan and different emergency aid packages distributed tons of of billions of {dollars} to hundreds of thousands of small companies to maintain the lights on and maintain staff on the payroll. My Administration additionally eliminated historic limitations to stage the enjoying subject for companies throughout rural and concrete America, particularly companies owned by veterans, girls, and folks of shade. These efforts have helped hundreds of thousands of small companies not solely climate the pandemic however thrive.

“My Administration is dedicated to unlocking new alternatives to assist small companies develop and compete. Via the American Rescue Plan, our State Small Enterprise Credit score Initiative supplies States, territories, and Tribal governments with sources to determine mortgage and fairness capital packages to help entrepreneurs. As well as, the Bipartisan Infrastructure Regulation has created unprecedented contracting alternatives for small companies in each group. Already, greater than 4,000 initiatives have been introduced to improve America’s infrastructure, creating vital alternatives for small companies to develop. The regulation is delivering reasonably priced high-speed web entry to each group — city, rural, suburban, and Tribal — so each small enterprise can use digital applied sciences and achieve new clients throughout the nation and around the globe. The Bipartisan Infrastructure Regulation makes the Minority Enterprise Growth Company inside america Division of Commerce a everlasting entity — seeded with a document quantity of funding — so minority-owned companies can obtain tailor-made help for his or her distinctive challenges and entry the capital they should develop.

“I firmly imagine that equal alternative is the bedrock of our democracy. That’s the reason my Administration is dedicated to utilizing Federal procurement {dollars} to help corporations owned by underrepresented individuals and to assist small companies construct generational wealth. Final yr, I introduced a set of reforms to extend contracting alternatives for underserved companies by as much as 50 p.c by 2025. We’re additionally capitalizing on our historic investments in provide chain resilience and “Made in America” manufacturing so small companies can innovate, compete, and construct the merchandise of tomorrow. To place small companies for fulfillment in the long run, america Small Enterprise Administration’s Group Navigator Pilot program is forging stronger partnerships with native organizations to get sources to underserved small companies.

“Thanks to those initiatives and the resilience of the American individuals, America’s entrepreneurial spirit has by no means been stronger. New enterprise functions grew by greater than 30 p.c over the course of the pandemic, with nearly 5.4 million new functions in 2021 alone. Extra Individuals than ever earlier than — together with extra girls and folks of shade — are following their desires and beginning new enterprises. My Administration will proceed to help them, construct upon this outstanding resurgence, and strengthen the muse of our economic system with America’s small companies on the forefront.

“This Nationwide Small Enterprise Week, allow us to renew our dedication to supporting our Nation’s small companies. From native “mother and pop” outlets to progressive start-ups, small companies are pillars of our communities and the engine of our economic system. By rebuilding our economic system from the underside up and center out, we will keep our world competitiveness and construct a stronger Nation the place everybody can succeed.

The President’s proclamation closes with “NOW, THEREFORE, I, JOSEPH R. BIDEN JR., President of america of America, by advantage of the authority vested in me by the Structure and the legal guidelines of america, do hereby proclaim Could 1 by Could 7, 2022, as Nationwide Small Enterprise Week. I name upon all Individuals to acknowledge the contributions of small companies to the American economic system, proceed supporting them, and honor the event with packages and actions that spotlight these vital companies.”

This yr’s Nationwide Small Enterprise Week digital convention will provide free academic webinars, free enterprise recommendation, and a chance to community with fellow enterprise homeowners.

Registration is required; people within the convention can register right here.


In regards to the U.S. Small Enterprise Administration

The U.S. Small Enterprise Administration helps energy the American dream of enterprise possession. As the one go-to useful resource and voice for small companies backed by the energy of the federal authorities, the SBA empowers entrepreneurs and small enterprise homeowners with the sources and help they should begin, develop or broaden their companies, or recuperate from a declared catastrophe. It delivers companies by an intensive community of SBA subject workplaces and partnerships with private and non-private organizations. To study extra, go to

Cosponsorship Authorization #22-1-C SBA’s participation on this cosponsored exercise shouldn’t be an endorsement of the views, opinions, merchandise, or companies of any Cosponsor or different individual or entity. All SBA/SCORE packages and companies are prolonged to the general public on a nondiscriminatory foundation.

Press Workplace United States Small Enterprise Administration press—[email protected]

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