Access to capital

The Agenda for Illinois’ Entrepreneurs

Small Business Majority’s Illinois policy agenda outlines policies that advance and promote equitable pathways for entrepreneurship while centering small businesses as the key to a thriving and inclusive economy. The state’s 1.3 million small businesses employ 2.4 million people (about 44.1% of the private workforce), with firms without employees making up 80% of all owned businesses.  Illinois small business owners are navigating workforce shortages, a childcare crisis and the end of a number of pandemic era programs that support entrepreneurship.

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The Agenda for New Mexico's entrepreneurs

Small Business Majority has created a comprehensive state policy agenda to ensure entrepreneurship is at the center of a thriving and inclusive economy in New Mexico. It’s critical that state lawmakers enact short- and long-term policies to support and empower entrepreneurs by guaranteeing their access to capital, an infrastructure that can support their ability to offer quality jobs, and their ability to compete fairly now and in the future. To achieve these goals, policymakers should consider the following policy proposals. 

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The Agenda for Georgia’s Entrepreneurs

Small Business Majority has created a comprehensive state policy agenda to ensure entrepreneurship is at the center of a thriving and inclusive economy in Georgia. The state’s 1.2 million small businesses comprise 99.6% of all businesses in the state, and they employ 1.7 million residents—nearly half of all Georgia employees.

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The Agenda for Wisconsin’s Entrepreneurs

Small Business Majority’s policy agenda ensures that small business is at the center of a thriving and inclusive economy in Wisconsin and advances policies that promote equitable pathways for entrepreneurship. The state’s 461,000 small businesses employed 1.3 million people in 2021, and small businesses have historically driven job growth .  Yet, small businesses in Wisconsin continue to face setbacks from the COVID-19 crisis and struggle to access critical financing and resources.

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Small Business Majority testifies on behalf of SSBCI

On February 13, 2024, California Policy Director Bianca Blomquist testified before the Assembly Committee On Jobs, Economic Development and The Economy and Budget Subcommittee No. 5 to demonstrate the importance of equitable distribution of SSBCI dollars, and encourage the state’s continued investment in diverse technical assistance resources.
 

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Small Business Majority Supports Financing Disclosures in Maryland

Today, Small Business Majority's Public Policy Director Awesta Sarkash testified before the Maryland House of Delegates Economic Matters Committee in support of HB 574, which would enact critical protections for small business borrowers in Maryland that are falling prey to predatory lending practices.

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Small Business Majority joins the Responsible Business Lending Coalition in opposition of Kansas' Commercial Financing Disclosure Act in its current form

On January 23, Small Business Majority Public Policy Director Awesta Sarkash sent a letter on behalf of the Responible Business Lending Coalition to Kansas Senate Committee on Financial Institutions and Insurance Chair Jeff Longbine in opposition to SB345 as introduced. The Commerical Financing Disclosure Law fails to include annual percent rate (APR) requirements which would provide small business owners with the transparency they need to make informed decisions about financing products.

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