Fair Competition

The Agenda for California’s Entrepreneurs

Small Business Majority is enacting a comprehensive state policy agenda to ensure entrepreneurship is recognized as the lifeforce of a thriving and inclusive economy in California. Our state’s 4.2 million small businesses employ 7.4 million people, which amounts to nearly half of the private workforce, according to the U.S. Small Business Administration.

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The Agenda for Illinois’ Entrepreneurs

Small Business Majority’s Illinois policy agenda outlines policies that advance and promote equitable pathways for entrepreneurship while ensuring small businesses are key to a thriving and inclusive economy. The state’s 1.2 million small businesses employ 2.5 million people (about 45% of the private workforce), with firms of fewer than 20 employees creating the largest net job gains.  Yet, Illinois small businesses continue to face setbacks stemming from the COVID-19 pandemic.

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2023 Policy Priorities

: 2023 Policy Priorities

Access to Capital & Opportunity

Entrepreneurship is essential to a thriving and equitable economy, yet too many of our smallest businesses—especially those owned by Black, Indigenous, and people of color (BIPOC), women, rural business owners and other under-resourced communities—face unique hurdles in accessing capital from banks and other traditional financial institutions. To ensure small businesses can thrive, we offer the following capital policy recommendations.

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Small business owners support banning non-compete agreements

Non-compete agreements are an obstacle to entrepreneurship, create a non-level playing field and stop employees from using their skills. They are not only a barrier to entry for entrepreneurs, but they also prevent small businesses from hiring the most diverse, qualified and skilled talent. In January, the Federal Trade Commission (FTC) proposed a rule to ban non-compete agreements and sought input from the public.

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Hundreds of small businesses call on FTC to ban non-compete agreements

More than 400 small business owners and business organizations signed on to our letter urging the Federal Trade Commission to enact its proposed rule to ban non-compete agreements. Non-compete agreements are a significant impediment to entrepreneurship, create a non-level playing field and impede the ability of employees to maximize their skills.

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Small business community urges FTC to ban non-compete agreements

As of April 13, more than 400 small business owners and small business organizations have signed onto a letter urging the Federal Trade Commission (FTC) to enact its proposed rule to ban non-compete agreements. On April 19, lead partner organizations Small Business Majority, American Sustainable Business Network, Main Street Alliance, Pacific Community Ventures, and Right to Start will submit a final letter to the FTC in response to its comment period.

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Opinion Poll: Small business owners support banning non-compete agreements

Publisher: 
Small Business Majority
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Date: 
Thursday, April 13, 2023

A new opinion poll of small business owners nationwide reveals that our nation’s entrepreneurs are being harmed by non-compete agreements, and they strongly support the Federal Trade Commission’s (FTC) proposed rule to ban them in most instances. The poll reveals that nearly 6 in 10 small businesses support the FTC ban.

Small Business Majority testifies in support of Truth in Lending Act protections for small businesses

On March 28, Small Business Majority's Illinois Director Tasha Brown testified before the Illinois House Financial Institutions and Licensing Committee on behalf of HB 2234, legislation that would enact critical protections for small business borrowers in Illinois.

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