Press Releases

Press Release Date:
Wednesday, December 2, 2020

Small Business Majority CEO and Founder John Arensmeyer comments on the U.S. Small Business Administration’s data release on Paycheck Protection Program borrowers and what is needed to ensure small businesses can survive in the midst of the pandemic. 

“The release of the U.S. Small Business Administration’s (SBA) data on Paycheck Protection Program (PPP) borrowers shows us what we already know to be true: Larger businesses benefited significantly from funds meant to be a lifeline for our small business community. We are disappointed, but not surprised, to learn that the majority of PPP funds went to only 5% of borrowers. This points to how the program is fundamentally flawed as it favored larger and more well-established businesses that have existing banking relationships. 

Topic(s):
Access to Capital, COVID-19, General Small Business
Press Release Date:
Tuesday, December 1, 2020

Declaración de Xiomara Peña, Vicepresidenta, Colaboraciones Estratégicas de Small Business Majority sobre el anuncio del Gobernador Gavin Newsom de que California invertirá en nuevos fondos de subvenciones y préstamos para las pequeñas empresas afectadas por COVID-19 

“Estamos encantados de que el Gobernador Gavin Newsom haya anunciado una sólida inversión en pequeñas empresas afectadas por la pandemia actual de COVID-19. Esta inversión—que incluye $500 millones en subvenciones, reducción temporal de impuestos y fondos adicionales para el nuevo Fondo de reconstrucción de California—proporcionará un alivio muy necesario a las pequeñas empresas que necesitan ayuda desesperadamente para mantener sus puertas abiertas y sus empleados en nómina.

Topic(s):
Access to Capital, COVID-19
Press Release Date:
Monday, November 30, 2020

Statement by Mark Herbert, Vice President, California for Small Business Majority, on today’s announcement by Governor Gavin Newsom that California will invest in new grant and loan funds for small businesses impacted by COVID-19

“We’re thrilled that Gov. Gavin Newsom announced a robust investment in small businesses impacted by the ongoing COVID-19 pandemic. This investment—which includes $500 million in grants, temporary tax relief and additional funds for the new California Rebuilding Fund—will provide much-needed relief to small businesses that desperately need help to keep their doors open and their employees on payroll. 

Topic(s):
Access to Capital, COVID-19
Press Release Date:
Friday, November 20, 2020

Declaración de Xiomara Peña, Vicepresidenta, Colaboraciones Estratégicas de Small Business Majority sobre el Lanzamiento de el Fondo de Reconstrucción de California

“Estamos encantados de que el Gobernador Gavin Newsom haya lanzado formalmente el Fondo de Reconstrucción de California el día de hoy, un programa de préstamos creado para apoyar las pequeñas empresas de California a medida que se adaptan y navegan los efectos de la pandemia de COVID-19.

Topic(s):
Access to Capital, COVID-19, General Small Business
Press Release Date:
Friday, November 20, 2020

Statement by Mark Herbert, Vice President, California for Small Business Majority on the launch of the California Rebuilding Fund 

“We’re thrilled Gov. Gavin Newsom formally launched the California Rebuilding Fund today, a new loan program built to support California’s small businesses as they adapt and navigate the effects of COVID-19.

Topic(s):
Access to Capital, COVID-19, General Small Business
Press Release Date:
Tuesday, November 10, 2020

Washington, D.C. -Today, Small Business Majority Founder and CEO John Arensmeyer issued the following statement regarding the importance of the Affordable Care Act (ACA) to small businesses as oral arguments begin before the U.S. Supreme Court in the case of California v. Texas, which challenges the validity of the individual mandate and the constitutionality of the ACA. 

Topic(s):
COVID-19, Healthcare
Press Release Date:
Tuesday, November 10, 2020

Washington, D.C.—Hoy, la Vicepresidenta de Colaboraciones Estratégicas de Small Business Majority Xiomara Peña emitió la siguiente declaración sobre la importancia de la Ley del Cuidado de la Salud (ACA por sus siglas en inglés) para las pequeñas empresas, ya que los argumentos orales comienzan ante la Corte Suprema de los Estados Unidos en el caso de California v. Texas, que cuestiona la validez del mandato individual y la constitucionalidad de la ACA.

Topic(s):
COVID-19, Healthcare
Press Release Date:
Monday, November 9, 2020

Declaración de Xiomara Peña, VP de Colaboraciones Estratégicas de Small Business Majority, sobre el resultado de las elecciones del 2020 y lo que necesitan las pequeñas empresas en los próximos meses

Con los resultados de las elecciones del 2020 finalmente aparentes, hacemos un llamado a los líderes de nuestra nación para que aborden de inmediato los mayores desafíos de las pequeñas empresas con el fin de poner nuestra economía en el camino hacia la recuperación. Las pequeñas empresas, especialmente las de comunidades desatendidas, son el alma de nuestra economía y necesitamos que nuestros funcionarios electos dejen de lado sus diferencias partidistas y se pongan a trabajar en su nombre.

Topic(s):
Access to Capital, COVID-19, Government Accountability
Press Release Date:
Saturday, November 7, 2020

Statement by John Arensmeyer, Founder & CEO of Small Business Majority, regarding the outcome of the 2020 election and what small businesses need in the months to come

With the results of the 2020 election finally apparent, we call on our nation’s leaders to immediately tackle small businesses' biggest challenges in order to put our economy on the path to recovery. Small businesses, especially those in underserved communities, are the lifeblood of our economy and we need our elected officials to put aside their partisan differences and get to work on their behalf.

Topic(s):
COVID-19, Entrepreneurship, General Small Business
Press Release Date:
Wednesday, October 21, 2020

Washington, DC – Hoy, la Vicepresidenta de Colaboraciones Estratégicas de Small Business Majority, Xiomara Peña, emitió la siguiente declaración en respuesta a la votación en el Senado de los Estados Unidos sobre la Continuación de la Ley del Programa de Cheques de Pago.

Topic(s):
Access to Capital, COVID-19, Government Accountability

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