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 4.1 million small businesses employ 7.5 million people, which amounts to nearly half of the private workforce.
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.
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.
Virginia is home to more than 850,000 small businesses, employing 1.5 million people and accounting for 99.6% of all businesses in Virginia. Small Business Majority has created a comprehensive state policy agenda to ensure small business ownership and entrepreneurship are at the center of a robust, equitable, and competitive economy for the Commonwealth.
On January 13, Small Business Majority filed a motion to the United States Courts of Appeals for the Fifth and Eleventh Circuits for permission to intervene in two lawsuits challenging the Federal Trade Commission’s (FTC) final rule that would ban the use of non-compete agreement in most cases.
On December 18, Small Business Majority submitted comments in support of the Small Business Administration’s (SBA) proposed rule to expand the use of the Rule of Two in multiple award contracts (MACs) to be required whenever MACs can be reasonably met by small businesses. The Rule of Two states that if there is a reasonable expectation that at least two small firms have the ability to complete the work in a quality and cost-effective manner, that contract must be set aside for a small business.
Competition is the underpinning of a thriving and equitable economy in which all businesses can achieve pathways to their individual success. As large corporations and online platforms continue to dominate and take hold over nearly all facets of our economy, small businesses are increasingly left at an immediate disadvantage when competing for opportunities to expand their operations.
On November 19, Small Business Majority Founder and CEO John Arensmeyer testified before the Joint Economic Committee at a hearing titled “Building on the Success of TCJA: The 2025 Tax Policy Debate.” John’s testimony highlighted the shortcomings of the 2017 Tax Cuts and Jobs Act (TCJA) for small businesses and the need to implement equitable, bottom-up tax reforms which deliver real benefits for the smallest, most under-resourced businesses ahead of the forthcoming expiration of several TCJA provisions in 2025.
On November 12, Small Business Majority and Evan Starr, economist and Associate Professor of Management and Organization at the University of Maryland’s Robert M. Smith School of Business, filed an Amicus Brief in the United States Court of Appeals for the Eleventh Circuit which underscores the FTC’s authority to enforce their final rule to restrict the use of non-compete agreements, which encourages entrepreneurship, small business growth, and workforce development on Main Street.
On August 8, Small Business Majority Founder and CEO John Arensmeyer submitted written testimony to the U.S. Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy outlining how non-compete agreements hinder small business development and growth.
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