Access to capital

Small Business Majority Submits Testimony to Support Disparity Study in Virginia

Today, Small Business Majority submitted testimony to the Virginia Department of Small Business and Supplier Diversity who, along with BBC Research and Consulting, are conducting a disparity study in Virginia. A disparity study is an essential first step towards passing policy solutions that would allow more women- and minority-owned small businesses to compete on a level playing field with other businesses. 

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Submitted by Awesta Sarkash on Thu, 10/15/2020 - 09:23

Florida business owner knocks many doors to bring educational resources to her community

Posted: October 7, 2020

Luisa Santos was only eight years old when she and her family moved from Bogota, Colombia to the United States in search of better opportunities. Since then, Luisa has found creative ways to support and participate in her community, and started her entrepreneurship journey with LuLu's Ice Cream, a nitrogen ice cream shop and catering business in Miami, Florida.

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Chicago small business pivots to support frontline workers

Posted: September 23, 2020

What comes after the pivot? Many small business owners who initially re-tooled their business to better suit the needs of consumers during the pandemic are starting to ask themselves this very question. Among them is Eric Cup who expertly adapted his business early on, but is now finding his pivot, while necessary, is not sustainable. 

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Small Business Majority Urges Congress to Pass Relief Bill

Today, Small Business Majority sent a letter to Congressional leaders urging them to pass a comprehensive and robust COVID-19 relief package. This week kicks off National Small Business Week when just last week, new data revealed small businesses across the country are closing permanently. The consequences of not passing a relief package that includes more funding for small businesses would be catastrophic. 

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Submitted by Awesta Sarkash on Wed, 09/23/2020 - 05:01

Community activist harnesses the power of entrepreneurship to make progressive change in his community

Posted: September 17, 2020

Raised in an immigrant family of merchants, Alejandro Flores-Munoz learned about entrepreneurship from an early age. He watched his mother, a single parent living in Southern California, work a full time job, while juggling side hustles selling perfumes, jewelry, and desserts door-to-door. Today, he is an entrepreneur himself, with several gigs selling personalized buttons and sunglasses, and a proud co-owner of Stokes Poke, a Hawaiian food caterer and pop-up business in Denver, Colorado.

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Small Business Owner Submits Testimony on Experience with Predatory Lending

Today, Johnathon Bush, small business owner of Not Just Cookies in Chicago, Illinois, submitted his testimony for the U.S. House Committee on Small Business's hearing on Transparency in Small Business Lending. Johnathon details the harmful impacts that a lack of transparency in small business lending has done to his business, which he built from the ground up.

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Submitted by Awesta Sarkash on Tue, 09/15/2020 - 07:29

DC game store owner pivots business during puzzling time

Posted: September 2, 2020

Labyrinth Games and Puzzles is a family-friendly, community-focused store featuring a wide selection of non-electronic, specialty games, puzzles, and mazes in the Capitol Hill neighborhood in Washington, D.C. While the store is loved by children and legislative staffers alike, Kathleen Donahue faced an impossible situation just like everyone else when the COVID-19 crisis began, and she was forced to quickly pivot her business to keep it alive. 

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Small Business Majority Survey: State of small business six months into the COVID-19 pandemic

Publisher: 
Small Business Majority
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Date: 
Thursday, August 27, 2020

Small Business Majority released its fourth survey of its national network of 70,000 small business owners conducted during the pandemic to assess the current state of small business and gauge their views on possible relief measures. The survey also revealed the extent to which PPP and EIDL have served small businesses during the crisis. The survey found many small businesses continue to face an uncertain future without additional relief, with 1 in 4 reporting they won't survive past three months and 16% considering bankruptcy. 

The agenda for Virginia's Entrepreneurs: 2020 Special Session

Small Business Majority released its agenda today for Virginia's Entrepreneurs ahead of the 2020 Special Session, which begins on Tuesday, August 18th. The agenda calls for key policy solutions to support small businesses in the state including access to responsible small busuiness lending and expanding healthcare access and affordability. 

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Submitted by Awesta Sarkash on Mon, 08/17/2020 - 12:19

IT wizard and career coach adapts her firm to help other small businesses

Posted: August 12, 2020

A native Indian living in Johns Creek, Georgia, Preeti Tanwar has mastered the art of resilience through her IT firm HiEd Success. Passionate about her work and helping others, Preeti launched her business in 2017 with the sole purpose of providing cost-effective, customized solutions and services to higher education institutions and educational technology companies with a focus in process automation and analytics. 

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