We provide a suite of educational programs and resources to small business owners, their employees and self-employed entrepreneurs to empower them to start and grow their enterprises and maximize their economic prosperity.
On July 15, Small Business Majority and the Minority Business Development Agency (MBDA) announced a new strategic alliance to support under-resourced small businesses. Through this partnership, we will collaborate on outreach events, resource development and State Small Business Credit Initiative research to uplift minority business enterprises across the nation.
On August 28, Small Business Majority released a new poll, which reveals that 82% of small business owners believe the federal tax system favors large corporations over small businesses. The poll also reveals that small businesses support reforms that would level the playing with corporations and wealthy individuals.
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On August 22, Small Business Majority released a new multifaceted study that examines how small businesses adopted new digital technologies during and after the pandemic. While many small businesses have adopted new tools to support their growth, the report also reveals that challenges remain, especially for businesses with less revenue.
Read the reportOn July 11, CEO John Arensmeyer joined U.S.Representative Jerry Nadler (NY-12) and the Coalition for Sensible Safeguards for a virtual briefing on the Supreme Court’s recent decision overturning the longstanding judicial doctrine of Chevron deference and the potential impact of those cases on small businesses. During the briefing, experts discussed the critically important Stop Corporate Capture Act and how it would improve our regulatory system, including by codifying Chevron deference.
On June 11, Small Business Majority, Main Street Alliance and 20 small business advocacy and service-oriented organizations sent a letter to the House and Senate Appropriations Committees explaining why we oppose proposed budget cuts in the House’s FY2025 Financial Services and General Government funding bill. The legislation would significantly reduce funding for the Small Business Administration, Department of the Treasury and Federal Trade Commission, all of which play a critical role in ensuring small businesses have access to the resources and capital needed to grow and thrive.
Read the letterOn June 5, Small Business Majority released a new poll of brick-and-mortar small businesses that provides insights into their views on public safety in their communities. The survey reveals that these small business owners are more concerned about economic issues that impact their businesses than crime in their communities.
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On May 31, Small Business Majority network members, alongside other small business owners and advocates, attended the White House’s inaugural Midwest Regional Small Business Summit. The entrepreneurs met with U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman and other Biden-Harris administration officials to discuss how to help Main Street thrive.
On May 22, Small Business Majority network member Alap Vora testified at a U.S. Senate Banking, Housing, and Urban Affairs subcommittee hearing on inflation and shrinkflation, and their impacts on small businesses. He explained how unexpected price hikes, deceptive and unclear fees from large distributing companies, and shrinkflation continue to place disproportionate impacts on small shop owners like himself.
On May 21, Small Business Majority CEO John Arensmeyer spoke at the American Economic Liberties Project's 2024 Anti-Monopoly Summit about the importance of forging ties between labor and small business as a way to reduce corporate power. He noted that small businesses are looking for a level playing field with free and fair competition so they have the opportunity to thrive.
Watch the recordingOn May 6, the U.S. Senate Committee on Small Business and Entrepreneurship held a field hearing in Maryland entitled "Promoting Opportunity: The Need for Targeted Federal Business Programs to Address Ongoing Racial Discrimination." Small Business Majority network members Hyacinth Tucker and Brenda Doles submitted written testimony on barriers they've encountered as minority small business owners and how policymakers can help address discrimination and promote diversity through federal procurement programs.
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