Press Releases

Press Release Date:
Monday, December 14, 2020

Xiomara Peña, Vicepresidenta, Colaboraciones Estratégicas de Small Business Majority comenta sobre el plan de ayuda económica bipartidista lanzado hoy, así como la falta de entrega de un paquete de estímulo robusto para las pequeñas empresas.

"Aunque el plan de estímulo bipartidista lanzado esta tarde no es el paquete robusto que las pequeñas empresas han exigido, apoyamos esta iniciativa como una solución temporal para contener más pérdidas durante este momento crítico. Los meses de inacción por parte del Congreso ya se han probado perjudiciales a medida que las pequeñas empresas continúan enfrentando cortes de personal, cierres permanentes y ruina financiera con deudas incrementales.

Topic(s):
Access to Capital, COVID-19, Government Accountability
Press Release Date:
Monday, December 14, 2020

Small Business Majority Founder and CEO John Arensmeyer comments on the bipartisan economic relief plan released today, as well as the failure to deliver a more comprehensive stimulus package for small businesses.

Topic(s):
Access to Capital, COVID-19, Government Accountability
Press Release Date:
Wednesday, December 2, 2020

Statement by Hunter Railey, Colorado Director for Small Business Majority, on the passage of the state’s economic stimulus package during this week’s special legislative session that includes direct financial assistance for eligible small businesses

“We applaud the Colorado General Assembly for taking swift action this week in passing an economic relief package that includes support for small businesses that continue to experience severe impacts from the pandemic. More importantly, state officials have taken into consideration lessons learned during the federal rollout of the Paycheck Protection Program and have crafted these measures in a way that will prioritize some of the most vulnerable small businesses and those owned by people of color who were shut out of federal relief programs.

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

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