Access to capital

The agenda for Virginia's Entrepreneurs: 2021 Regular Session

Small Business Majority has released its comprehensive state policy agenda to ensure entrepreneurship is at the center of a thriving and inclusive economy in Virginia during and after the COVID-19 pandemic. It’s critical that state lawmakers enact both short- and long-term policies to support and empower these entrepreneurs by guaranteeing that they have access to capital to maintain and pivot their business, affordable and quality healthcare and the tools and benefits they need to sustain themselves now and in the future.

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Chicago business owner knows to tap into local capital resources when traditional funding is unavailable

As the owner of a catering company, Nicole Jordan has seen an extreme decline in contracts and income since the start of the COVID-19 pandemic. Fortunately for this Illinois-based small business owner, as a former banker she is well connected to the financial resources in her community.

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Meet our Outreach Team -- Rachel Shanklin

Small Business Majority’s Outreach Team advocates for entrepreneurs on two fronts: It supports policies that would benefit small firms, and it offers workshops and events that help small business owners grow their companies. We have found this work to be even more important during this global health and economic crisis. 

This week we are spotlighting Rachel Shanklin, Small Business Majority’s new Georgia Outreach Manager, to let small business owners know how our team members can assist them.

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Closures have greater impacts than you may think as ecosystems are disrupted

Derreck Johnson is painstakingly aware of how the current global health crisis has impacted not only his small business but the entire small business ecosystem in Oakland, Calif. 

Derreck has been an entrepreneur for the past 30 years and has always had a passion for identifying a community need and filling it with a business. His entrepreneurial journey started with a small car washing business, but now he is a restaurateur and the proud founder of the now employee-owned restaurant Home of Chicken and Waffles.

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Veteran small business owner shows meaning of perseverance during a pandemic

Tammy McDaniel started working in travel management after serving in the Iowa National Guard for five years and the U.S. Air Force for more than two years, but she’s always had a curiosity and passion for the travel industry. As a young woman who vacationed with her family every year, she found travel booking to be an interesting way to make a living. She sought opportunities to help her learn more about travel management, and eventually she opened Tammy’s Journeys in Fort Walton Beach, Fla. 

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Illinois limo service owner struggles to see a road ahead for her business

Guana Stamps, owner of Keep it Moving & Associates LLC in Chicago, Ill. opened her limousine service with the idea of offering a safe, reliable way of transportation for her clients. Keep it Moving is a pet friendly car service, which is an uncommon feature in the transportation business and sets her apart from the local competition. 

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Multi-faceted business owner clings to hopes of a new COVID-19 relief package

After working as a public school teacher in Los Angeles during the height of the 2008 recession, Corissa Hernandez was inspired to launch her first mission-driven company to support her local community in Covina, California. Through Legacy Full Circle Financial & Insurance Services, Corissa educates low to middle-income families about financial literacy and planning. But she didn’t stop there.

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Brewmasters ‘re-craft’ their business to weather the crisis

Rob Lightner and his business partner Chris Coomber opened East Brother Beer Company, a brewery and taproom in Richmond, California with the idea that beer can be a democratizing force—by being more accessible to those who wish to try new “potions,” enjoy some downtime and foster relationships in an inclusive community.

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Survey: More than 1 in 3 small businesses won’t survive past the next three months without additional financial relief

Publisher: 
Small Business Majority
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Date: 
Tuesday, October 20, 2020

This is the fifth in a series of COVID-19 related surveys Small Business Majority has released of its network. Over time Small Business Majority has tracked the economic conditions facing small businesses, how well federal stimulus programs have served its network, the small business owners' views of proposed stimulus provisions, and other issues of importance. 

Virginia Small Business Owner Submits Testimony Supporting Disparity Study

Today, Phillip "Ace" Jones submitted his support for the Department of Small Business and Supplier Diversity's disparity study. As an African American small business owner, Phillip knows first-hand why it's critical to help illuminate the barriers women- and minority-owned small businesses face in the Commonwealth. 

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