The Agenda for California's Entrepreneurs
Small Business Majority has created a comprehensive state policy agenda to ensure entrepreneurship remains at the center of a thriving and inclusive economy in California. Our state’s 3.9 million small businesses employ seven million people, which amounts to about half of the private workforce, according to the U.S. Small Business Administration.
Despite their importance to the state’s economy, California’s small businesses have been greatly impacted by the COVID-19 crisis and continue to struggle to access critical financing and resources. This is particularly true for the smallest businesses and those owned by people of color, women and immigrants. State lawmakers must enact policies to support and empower these entrepreneurs, guaranteeing they have access to capital to start and grow their business, access to affordable and quality healthcare and the ability to compete for top talent with larger companies. To achieve these goals, policymakers should consider the following policy proposals.