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LATEST NEWS

RECENT EVENTS AND DEVELOPMENTS

  • On January 28, Small Business Majority hosted a panel discussion on Capitol Hill on the changing landscape of small business lending. The event featured a panel of lenders, policy experts and small business advocates who discussed the opportunities and challenges presented by the growing alternative lending space for small businesses. Learn more and view photos from the event.
  • On January 27, Young Invincibles and Small Business Majority released a scientific opinion poll that found the majority of millennials who own a business or would like to start one at some point say student debt and a lack of retirement savings plan are barriers to entrepreneurship. Read the report.
  • On Jan. 11, Endurance International Group released its 2016 State of the Union survey, which found that small businesses rank taxes and the ability to obtain bank financing as the top two issues they face. Read more.
  • ADP's latest Small Business Report found small business employment increased by 95,000 jobs in December 2015. Read more.
  • On Jan. 1, Connecticut took a step toward creating a state-run retirement program for private sector workers with the release of a report detailing the potential elements of such a program, and that it should be made available to all employees in the state.
  • On December 10, the U.S. Senate confirmed Darryl L. DePriest as Chief Counsel of SBA's Office of Advocacy. Learn more.
  • On December 9, the Ewing Marion Kauffman Foundation released its 2015 Main Street Entrepreneurship report, which shows small business activity in the U.S. was on the rise in 2015, reversing a six-year downward trend. Read the report.
  • A new report from the Robert Wood Johnson Foundation found there is a lack of awareness among small business owners about SHOP but that they like the program's features once they learn more about it. Read the report.
  • On Nov. 4, the U.S. Department of Treasury launched the myRA retirement savings program nationwide, providing a convenient option for small businesses interested in offering retirement savings to their employees. Learn more here.
  • On October 30, the Securities and Exchange Commission finalized rules for Title III crowdfunding, which will expand access to capital opportunities for entrepreneurs and promote responsible investing practices. Read our statement.
  • On October 29, Treasury Counselor Antonio Weiss spoke at the Information Management Network Conference on Marketplace Lenders about the importance of responsible lending practices and how signatories of the Small Business Borrowers' Bill of Rights are leading the way for the online lending industry. Read more.
  • Amalgamated Bank and Next Street have partnered to offer Small Business Insights for Success, a free small business lending and education program in Brooklyn. Learn more.
  • On October 14, Small Business Majority released a new scientific poll showing small businesses hire a diverse set of lower-level employees, but more can be done to increase diversity among upper-management employees. Read the report.
  • On September 29, Good Jobs First, a non-profit resource center on economic development, released a study that shows small business leaders believe state economic development incentives favor big businesses and that state incentive programs are not effectively meeting the needs of small businesses seeking to grow. Read the report.
  • On September 22, CEO John Arensmeyer participated in a press call with House Democratic Whip Steny H. Hoyer, Rep. Maxine Waters, Rep. Denny Heck and small business owners to discuss the importance of reauthorizing the Export-Import Bank to small businesses and the economy.
  • On September 22, Small Business Majority submitted comments to the U.S. Department of Treasury in response to a Request for Information seeking public input on the growing online marketplace lending industry. Read the comments.
  • On September 10, Small Business Majority released its ‚ÄúEconomic Agenda for America‚Äôs Future‚ÄĚ-- a set of short and long-term policy recommendations Washington can act on now and in the future that will drive economic growth, job creation and competitiveness. Read the report.
  • On September 10, SBA's Office of Advocacy released an issue brief, Peer-to-Peer Lending: A Financing Alternative for Small Businesses, which provides up-to-date information for small businesses on different opportunities for accessing capital in today‚Äôs economy. Read the report.
  • On September 9, Small Business Majority sent a letter to the House Committee on Energy and Commerce opposing the Protecting Affordable Coverage for Employees Act, which would undo the healthcare law‚Äôs requirement that the small group market and the Small Business Health Options Program (SHOP) expand to small firms with 50-99 employees in 2016. Read the letter.
  • On August 31, Small Business Majority announced a joint commitment with the Small Business Administration to get small employers to sign a pledge vowing to create job opportunities for young people as part of a national sign-on campaign. The campaign aims to help bridge the gap between youth who are out of school and out of work, and small businesses needing to fill key entry-level positions. Learn more.
  • On August 12, the Commonwealth Fund published a report co-authored by Small Business Majority Healthcare Policy Director David Chase and Colorado Outreach Manager Tim Gaudette on lessons learned from SHOP implementation in California and Colorado. Read the report.
  • On August 6, as part of the Responsible Business Lending Coalition, Small Business Majority helped launch the Small Business Borrowers' Bill of Rights–the first-ever consensus on responsible small business lending practices. Read more.
  • On August 5, CEO John Arensmeyer participated in a forum at the U.S. Department of Treasury on marketplace lending to small businesses with Treasury Secretary Jack Lew and Counselor to the Treasury Secretary Antonio Weiss.
  • On August 4, SBA announced several new initiatives and resources aimed at expanding entrepreneurship, particularly in underserved communities. These new initiatives will help streamline the permitting process, increase access to capital and provide mentorship for entrepreneurs. Read more.
  • On July 29, Small Business Majority released a scientific opinion poll showing 60% of small business owners nationwide support raising the federal minimum wage to $12 per hour by 2020. Read the report.
  • On July 28, Small Business Majority launched a new access to capital resource portal to help entrepreneurs explore their options for securing capital, and connect with financial experts, organizations and information to help them get the funding they need for their small businesses' start-up, survival and growth. Visit the resource portal.
  • On July 23, Small Business Majority sent a letter to lawmakers urging them to support Senate action to raise the cap on SBA's 7(a) lending program, which is expected to reach its loan volume ceiling within the next few days. Read the letter.
  • On July 14, Small Business Majority released a scientific opinion poll that shows small business owners support paid sick days and that the majority of small businesses offer benefits to their employees. Read the report.
  • On July 13, Small Business Majority, the Center for American Progress and the American Unity Fund released a scientific opinion poll that shows small business owners strongly believe they should not be able to refuse goods or services to lesbian, gay, bisexual or transgender (LGBT) individuals, or to deny services related to a same-sex wedding, based on an owner‚Äôs religious beliefs. Read the report.
  • On July 1, the California Governor's Office of Business and Economic Development (GO-Biz) launched the California Business Portal, a one-stop-shop website for business owners and entrepreneurs to find information, resources and assistance.
  • On June 25, the U.S. Supreme Court rejected a lawsuit that would have eliminated tax credits in states with federally-run health insurance marketplaces--protecting millions of small business owners, employees and and freelancers from losing valuable health insurance. Read our statement.
  • On June 24, ADP released a survey showing the Affordable Care Act's employer responsibility requirement is not driving employers to make employees part-time, as opponents of the law claimed it would. Read the study.
  • CEO John Arensmeyer joined Chelsea Clinton on stage in Denver on June 9 to announce Small Business Majority's Clinton Global Initiative Commitment to Action. Small Business Majority has committed to get 200 small business owners to sign a pledge vowing to address the growing problem of youth unemployment by creating professional opportunities for them. Sign the pledge here.
  • A new report released by the Urban Institute shows there has been no drop in employer-sponsored health coverage rates since the implementation of healthcare reform. Read the report.
  • Small Business Majority held its inaugural Small Business Leadership Summit May 11-13, where it brought more than 100 small business leaders to Washington, D.C. to hear from policymakers, issue experts and senior officials from the Obama Administration. Learn more here.
  • On May 6-8, Founder & CEO John Arensmeyer and Conan Knoll, Director, Policy & Strategy, attended the Association for Enterprise Opportunity's annual conference on the future of CDFIs and micro-enterprise lending.
  • On April 29, California Director/Healthcare Policy Director David Chase submitted comments to the IRS on proposed regulations to the excise tax, or ‚ÄúCadillac tax,‚ÄĚ on employer sponsored health coverage. Read our comments.
  • On April 28, a group of Small Business Majority‚Äôs network members sent a letter to the Senate Small Business and Entrepreneurship Committee on the healthcare law‚Äôs impact to small businesses. Read the letter.
  • On April 22, Small Business Majority sent a letter to the Senate Committee on Small Business & Entrepreneurship outlining support for a set of bills that would help increase access to capital for small businesses struggling to get credit.
  • On April 16, Small Business Majority released an economic report examining the benefits of protecting public lands to small businesses and local economies in the West, and provides recommendations policymakers can use to take further steps toward ensuring the protection of public lands.
  • Small business owners should check out Locavesting.com--a new website dedicated to providing entrepreneurs with information on the community capital movement, as well as local investment news, education and resources.
  • Small Business Majority released a paper examining the impact of freelancers on the economy, how emerging technologies are paving the way for more people to work for themselves and how the U.S. can update broadband policies that address the needs of this new workforce. Read the paper here.
  • On March 4, Small Business Majority sent a letter to the U.S. Department of Health and Human Services urging it to implement the expansion of the small group market, and the Small Business Health Options Program, to small firms with 50-99 employees on time, in accordance with the healthcare law. Read the letter.
  • On March 4, the U.S. Supreme Court began hearing oral arguments about whether the Affordable Care Act should allow consumers in states with federally run health insurance marketplaces to receive federal tax credits to help offset the cost of insurance. Read our statement and our amicus brief.
  • On March 3, Congress passed a bill to fund the Department of Homeland Security through September, sending the bill to President Barack Obama and averting a partial shutdown of the department. Read our statement.