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 1.3 million small businesses comprise 99.7% 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 submits comments on proposed rule to increase sole source thresholds for federal contracts

On January 21, Small Business Majority submitted comments in response to a proposed rule issued by the Department of Defense (D0D), General Services Administration (GSA) and National Aeronautics and Space Administration (NASA) to increase the sole source threshold to inflation for small businesses bidding for federal procurement opportunities.

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Small Business Majority urges Congress to fund disaster programs and avert shutdown

On December 19, Small Business Majority sent a letter to congressional leadership urging Congress to work together to avoid a government shutdown and provide emergency funding to SBA to support the thousands of businesses across the nation waiting on disaster relief funding. Since the Small Business Administration (SBA) announced that it had exhausted funds for its disaster loan program in October, more than 20,000 approved disaster loan applicants are awaiting nearly $1.5 billion in relief which cannot be made available to them until Congress acts. 

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Small Business Majority sends letter to congressional leadership urging them to pass supplemental disaster relief funding

On October 11, Small Business Majority sent a letter to congressional leadership urging them to pass supplemental disaster relief funding for the U.S. Small Business Administration’s (SBA) disaster loan program portfolio to support the recovery of the thousands of small businesses impacted by the devastation of Hurricanes Helene and Milton.

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