Nearly 75% of America’s small businesses say the current tax system favors big businesses over small ones, preventing them from obtaining sufficient capital to start or expand their operations. On top of this fact are long-rooted disparities preventing business owners of color and women entrepreneurs from receiving equitable financing from both private banks and the public government.
Small Business News
California's smallest businesses now have access to an additional $56.5 million through the California Rebuilding Fund, which offers flexible, low-cost loans to support long-term recovery from the COVID-19 pandemic.
President Biden is upping the pressure on businesses to mandate COVID-19 vaccines for their employees. We talk with a preschool owner wrestling with this decision, and a researcher with tips on how to make a mandate work.
Maintaining a healthy environment during a pandemic without alienating employees and customers who don't want to wear masks or get vaccinated has been a headache for small business owners.
Bob Szuter, who with his father owns Wolf's Ridge Brewing in Columbus, Ohio, only has 80 employees so technically isn't required to comply with the Biden plan.
La vicepresidenta de Colaboraciones Estratégicas de Small Business Majority, Xiomara Peña, destacó que el estudio realizado demuestra que, los propietarios de pequeñas empresas aún enfrentan un largo camino hacia la recuperación, y el optimismo sobre la reapertura de las economías no se traduce en mejores condiciones comerciales para muchos emprendedores, en particular aquellos que son minorías.
That Claudy’s Kitchen has survived through the pandemic owes to a combination of resilience, luck and faith in their community. After all, the odds have been stacked against them. As the Small Business Majority reported in January 2021: “Nearly six in 10 (57 percent of) Latino small business owners say the COVID-19 pandemic has had a negative effect overall on their business.”
This year, thanks to contributions from Univision, Team Friday, New Balance, and private donors, SLB is partnering with community organizations including We All Grow, Poderistas, The Teny, and Small Business Majority to launch three new grants to help Latino/x businesses continue to scale and thrive.
A recent poll from partners at Small Business Majority surveyed 500 small business owners, found that 9 in 10 small businesses were impacted by COVID-19, with 43% indicating a severe negative impact. Additionally, the poll found that 41% of small business owners experienced a revenue decrease of 50% or more and 33% of small businesses closed up shop.
Join Start Small Think Big along with SBA and Small Business Majority (SBM) for a workshop on understanding intellectual property.
This workshop focuses on the issues surrounding intellectual property such as trademarks, copyrights, and patents as they apply to U.S. business owners and entrepreneurs under U.S. federal law, and how small businesses can protect their intellectual property.
During the course of the conference call we will be referring to documents and links on this page and the JEDE COVID-19 Resource Page.
Anticipated Partner Presentations and Updated Scheduled
Jessica Gonzales with the Economic Development Department at City of Corona
Bianca Blomquist with Small Business Majority