This Friday, the White House Business Council and SBA are hosting a forum at Arizona State University to help Phoenix entrepreneurs get the tools they need to grow and expand -- such as SBA guaranteed loans, government contracting programs and business counseling services. The event is the fifth in a multi-city series of Urban Economic Forums discussing the Obama administration’s commitment to small business success in America’s urban areas. Friday’s forum will feature White House Business Council Executive Director Ari...
Today, President Obama signed the Jumpstart Our Business Startups Act (JOBS), making it easier for small businesses and entrepreneurs to obtain much needed access to capital. This new law creates an enhanced environment for growth. Last year, senior SBA officials traveled around the country listening to high-growth entrepreneurs. We heard your concerns and learned about the barriers to expansion particularly for high-growth industries and the need for a simplified process-one that any business could use to grow and create jobs. We...
Growing up in my family, summer jobs were a requirement! One of my best memories is the summer I worked as a bookkeeper in a local accountant’s office. I felt such pride in going to work every day and earning my own paycheck. More importantly, though, the skills I learned from Mr. Henderson – time management, critical thinking, and effective communication – have served me well throughout my career. The impact that experience had on me professionally is one of the many reasons I made summer jobs a priority...
The celebration of Women’s History Month gives us a chance to reflect on the important role women business owners play in our economy. In fact, women-owned businesses represent one of the fastest-growing segments of the economy. According to the National Women's Business Council, women-owned firms grew 44% from 1997 to 2007, twice as fast as male-owned firms. There are 7.8 million women-owned businesses in the US and 88% of these are small businesses. Women continue to start businesses in this country, making it imperative for them...
Last week, the White House Business Council and SBA hosted an Urban Economic Forum in Los Angeles, CA to help connect entrepreneurs and business owners to local and national resources they need to start, grow and create jobs. The Urban Economic Forum is a multi-city series designed to help urban small business owners create an economy built to last. This week, we are taking the Urban Economic Forum to Las Vegas, NV. We’ll be live streaming the Urban Economic Forum at White House Live on Thursday, March 29 from the Las Vegas...
One of SBA’s highest priorities is to provide access and opportunity to small business owners in traditionally underserved communities. President Obama, Administrator Mills, and I are committed to supporting all of our nation’s entrepreneurs, including minorities, women, veterans, people with disabilities and those in rural areas. That is why we created the Advisory Council on Underserved Communities (CUC), which advises SBA on ways we can further expand our reach into these communities. Chaired by Cathy Hughes,...
Manufacturing is adding jobs for the first time since the 1990s, and our manufacturers are more productive today than ever. That’s good news for America’s producers, but it’s also good news up and down the supply chain. Everybody benefits when manufacturing is going strong. In fact, studies show that each dollar invested in manufacturing creates $2.41 in total economic output. And, for every new job created in the manufacturing sector, another two jobs are created in the surrounding community. Made in America is strong and...
Earlier this month, over 300 participants joined the White House Business Council and SBA for the Urban Economic Forum in Birmingham, AL which connected entrepreneurs and business owners to local and national resources they need to start, grow and create jobs. The Urban Economic Forum is a multi-city series designed to help urban small business owners create an economy built to last. On Thursday, March 22, we’re taking the Urban Economic Forum to Los Angeles, CA. The Urban Economic Forum will be live streamed at White House...
America is adding manufacturing jobs for the first time since the 1990s. We have created 440,000 good manufacturing jobs over the past two years, and we know that small businesses are leading the charge here. They create about two-thirds of net new jobs in the country, and more than a third of all manufacturing employees work for a small business. Made in America is strong and getting stronger. That’s why President Obama has proposed tax incentives to encourage manufacturers to invest in America, removal of tax breaks for...
Meet David Leonard, Branch Manager, Office of Economic Development, Nevada District Office When a friend or family member asks what you do to help small businesses, what do you say? My mission is to create jobs by assisting in the startup and expansion of small businesses. I accomplish this mission with a wide variety of SBA programs and services which are invaluable to the survival and success of small firms in Nevada outside Clark County. I work to ensure that small businesses, financial institutions, community organizations and local,...
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