Press release MA24-05

TOMORROW: Small Business Administrator to Kick Off Investing in America Tour in Detroit

SBA Administrator Guzman Will Join Congressman Thanedar to Highlight Black Small Business Boom Under Biden-Harris Administration

WASHINGTON – On February 21, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, will travel to Detroit, Michigan to kick off the Investing in America tour with a spotlight on the Black Small Business Boom under the Biden-Harris Administration.

Joined by Congressman Shri Thanedar (MI-13), Administrator Guzman will begin her day with visits to three Black-owned businesses on the Avenue of Fashion, a historic predominantly Black-owned shopping district in Detroit. Under the Biden-Harris Administration, Black business ownership is growing at its fastest rate in more than three decades and the rate of Black households that own a business has more than doubled. 

After the business visits conclude, the Administrator and Congressman will lead a roundtable discussion with local Black business owners where they will discuss the rise of Black entrepreneurship under the Biden-Harris Administration and the ongoing Small Business Boom, which has seen more than 423,000 applications to start new businesses in Michigan since the President took office. There will be a media availability with Administrator Guzman and Congressman Thanedar prior to the start of the roundtable.

 These events are open to members of the media who RSVP to theodora.lake@sba.gov

Wednesday, February 21
Visit to Black-Owned Small Business (#1)

WHO: SBA Administrator Isabel Casillas Guzman
Congressman Shri Thanedar (MI-13)
WHEN: 10:30 AM EST
WHERE: Detroit, MI. Location details sent upon RSVP to theodora.lake@sba.gov.

Visit to Black-Owned Small Business (#2)

WHO: SBA Administrator Isabel Casillas Guzman
Congressman Shri Thanedar (MI-13)
WHEN: 11:05 AM EST
WHERE: Detroit, MI. Location details sent upon RSVP to theodora.lake@sba.gov.

Visit to Black-Owned Small Business (#3)

WHO: SBA Administrator Isabel Casillas Guzman
Congressman Shri Thanedar (MI-13)
WHEN: 11:40 AM EST
WHERE: Detroit, MI. Location details sent upon RSVP to theodora.lake@sba.gov.

Black Small Business Boom Roundtable

WHO: SBA Administrator Isabel Casillas Guzman
Congressman Shri Thanedar (MI-13)
Local business owners
WHEN: 12:30 PM EST
WHERE: Detroit, MI. Location details sent upon RSVP to theodora.lake@sba.gov.

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About the U.S. Small Business Administration 

The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

Media contacts

U.S. Small Business Administration