National Small Business Week is Here!

by Karen Mills

Happy National Small Business Week to more than 27 million small businesses, their employees, and all Americans!  You can read the President’s proclamation here.

The facts are clear: small businesses create about two out of every three jobs in the U.S. each year, and roughly half of working Americans either own or work for a small business.

Today, we released a report that details the many things the Administration has done over the past two years to help small businesses do what they do best: create jobs.  It’s called The Small Business Agenda: Growing America’s Small Businesses to Win the Future.

There are seven areas where we’ve made accomplishments, including:

• 17 tax breaks for small businesses through the Recovery Act, the Small Business Jobs Act and other laws
• $53 billion in SBA lending support for 113,000 small businesses at a time when traditional lending was frozen
• Nearly $100 billion in federal contracting dollars annually going to small businesses, with a new tool to help women-owned firms
• Support for small businesses to export their products and help meet the National Export Initiative’s goal to double exports in coming years
• Free and low-cost counseling to more than 2 million entrepreneurs and small business owners
• Targeted mentoring and growth capital for high-growth small businesses – the biggest job creators – through new efforts like Startup America
• More stability and protection in financial markets as well as work to reduce regulatory barriers and costs

But our job is not done.

Read full Article at Whitehouse.gov