National Small Business Week is Here!

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by Karen Mills


Happy National Small Business Week to more than 27 million small businesses, their employees, and all Americans!  You can read the President’s proclamation here.

The facts are clear: small businesses create about two out of every three jobs in the U.S. each year, and roughly half of working Americans either own or work for a small business.

Today, we released a report that details the many things the Administration has done over the past two years to help small businesses do what they do best: create jobs.  It’s called The Small Business Agenda: Growing America’s Small Businesses to Win the Future.

There are seven areas where we’ve made accomplishments, including:

  • 17 tax breaks for small businesses through the Recovery Act, the Small Business Jobs Act and other laws
  • $53 billion in SBA lending support for 113,000 small businesses at a time when traditional lending was frozen
  • Nearly $100 billion in federal contracting dollars annually going to small businesses, with a new tool to help women-owned firms
  • Support for small businesses to export their products and help meet the National Export Initiative’s goal to double exports in coming years
  • Free and low-cost counseling to more than 2 million entrepreneurs and small business owners
  • Targeted mentoring and growth capital for high-growth small businesses – the biggest job creators – through new efforts like Startup America
  • More stability and protection in financial markets as well as work to reduce regulatory barriers and costs

But our job is not done.

Read full Article at Whitehouse.gov

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