Cross posted from the White House Blog:
This week is National Small Business Week. The U.S. Small Business Administration (SBA), along with agencies across the Obama Administration, are hosting events in five cities. These events provide expert advice, mentoring and explore topics ranging from access to capital to exporting. Small businesses across the country can tune into these events via livestream at sba.gov.
America’s small businesses create two out of three net new private sector jobs in our economy. And today more than half of all working Americans either own or work for a small business. Our goal is to ensure that the positive economic benefits of entrepreneurship can reach every corner of the country. Read more »
Cross posted from the Small Business Administration Blog:
Today, I attended a meeting of the White House Rural Council, which focused on our coordinated response to historic drought conditions that are affecting communities across Rural America.
Our goal at the SBA and across the Administration is making sure that these hard hit communities have the tools and the resources they need to navigate and recover from these severe drought conditions.
To date, the SBA has issued 71 agency drought declarations in 32 states covering more than 1,630 counties. These declarations allow small businesses, small agricultural cooperatives and non-farm small businesses that are economically affected by the drought in their community to apply for SBA’s Economic Injury Disaster Loan (EIDL). Read more »
U.S. Department of Agriculture Secretary Tom Vilsack joined Obama Administration Cabinet members Secretary of Homeland Security Janet Napolitano, Secretary of Housing and Urban Development Shaun Donovan, as well as Federal Emergency Management Agency Administrator Craig Fugate, Small Business Administration Administrator Karen Mills, and other state and local officials to tour areas in Alabama and Mississippi affected by last week’s tornadoes.
After visiting devastated sites in Birmingham and nearby areas, the group crossed over to Mississippi, where they surveyed the damage done to Smithville, a town of approximately 1000 that was almost literally wiped off the map. Read more »
Small businesses are the backbone of this country. They employ nearly half of the workers in rural America and are an integral part of the American economy.
Today, Congress will vote on whether or not to repeal this new law, just as its benefits are beginning to reach rural Americans. Repeal of the health care law would result in higher health insurance costs for thousands of small businesses. We cannot afford to let that happen. Read more »