On September 13, CEO John Arensmeyer joined Senators Murray, Sanders, Kaine, and Representatives Clark and Gomez for an event to introduce the “Child Care Stabilization Act.” John spoke about the importance of continuing adequate childcare funding and how the small business community would be negatively impacted if Congress allowed childcare funding to expire.
Watch the Take Action on Child Care event hereA new partnership between Community Reinvestment Fund, USA (CRF) and Small Business Majority's Venturize platform is providing an expanded network of responsible small business lending partners and assistance providers to support entrepreneurs nationwide. Through CRF’s Connect2Capital tool, business owners can submit a form on Venturize to be matched with mission-driven small business lenders and other business support organizations.
Access Connect2CapitalOn July 19, the U.S. Senate Committee on Small Business and Entrepreneurship advanced a package of 11 bipartisan bills that will expand access to capital and resources for underserved entrepreneurs. It includes bills that make the Community Advantage program permanent and will make non-profit childcare businesses eligible for Small Business Administration loans.
Read moreOn July 12, Small Business Majority released a new opinion poll of California small business owners, which revealed that they are strongly supportive of proposals to expand the state’s paid leave policies, including expanding the guaranteed annual paid sick days from three to seven days. In addition, the poll found that 92% of small business owners agree that “businesses are better able to retain highly skilled and experienced employees” if there is increased state support of paid leave protections.
Read the reportOn June 14, Small Business Majority released a new opinion poll of women small business owners, which revealed that they view reproductive rights as essential to economic security. In addition, the poll found that 72% of women entrepreneurs support a federal law to ensure that women have the right to access abortion care and that 78% are concerned about restrictions on birth control.
Read the reportOn June 15, Small Business Majority and nearly 40 organizations in the small business ecosystem sent a letter to policymakers urging them to support the Small Business Lending Disclosure Act. This legislation would provide small businesses with transparent lending terms that protects them from hidden fees and undisclosed APR rates.
Read the letterOn May 25, Small Business Majority and 12 other organizations in the small business ecosystem sent a letter urging Congressional leadership to immediately address the debt crisis for the good of America's entrepreneurs. The letter called on Congress to preserve federal funding of critical small business programs and also create a long-term solution to the debt limit.
Read the letter to CongressOn May 24, Small Business Majority released a new report on small businesses’ use of websites, social media, digital marketing and e-commerce platforms to expand their digital presence. This research revealed that revenues and headcounts remained flat while expenses increased for small businesses.
Read the reportOn May 4, CEO John Arensmeyer and Virginia Small Business Council member Shirley Modlin participated in the American Economic Liberties Project's 2023 Anti-Monopoly Summit in Washington, D.C. John introduced the panel on 'Reviving America's Competitive Spirit' where Shirley shared her story about how anticompetitive practices have harmed her small business.
On May 3, Small Business Majority released a new opinion poll of small business owners, which revealed that our nation's entrepreneurs are being harmed by the recent banking closures. More than 1 in 3 business owners reported that their financial institution is restricting loans due to recent developments in the banking industry.
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