On July 24, Small Business Majority launched its new Women’s Entrepreneurship Program in Los Angeles, a special initiative offering tools and resources for female entrepreneurs to succeed. Women—especially women of color—are one of the fastest-growing segments of our economy, but they continue to be at a disadvantage in critical business indicators. The Women’s Entrepreneurship Program will help local women entrepreneurs gain the resources they need to start and grow their companies. Read on for a recap of our program kick off to learn more about the program.
Armed with a cosmetology license, two bachelor’s degrees and a love for organic hair care, Mariatu “Tu” Browne is on a mission to unlock the natural beauty of every client she encounters. She discovered her passion for hair at the early age of nine while braiding hair for her friends and family in her native home in Sierra Leone.
Small Business Majority CEO John Arensmeyer testifies before the U.S. House Subcommittee on Health, Employment, Labor, and Pensions on how the U.S. Department of Labor's proposed changes to association health plans could hurt the small group market for health insurance.
Testimony before the Joint Economic Committee Hearing on “Breaking through the Regulatory Barrier: What Red Tape Means for the Innovation Economy”
May 22, 2018
Jessica A. Milano
Former Deputy Assistant Secretary for Small Business, Community Development, and Housing Policy
U.S. Department of the Treasury
National Small Business Week, which began on Sunday, April 29 and runs through Saturday, May 5, is a time to highlight the role small businesses play in our economy. Small businesses represent 99% of all employer firms and account for half of our nation’s jobs and economic output. Innovation by small businesses spurs growth throughout the entire economy and boosts prosperity in their local communities, and NSBW is an important time to celebrate these contributions. It’s also an important time to consider policies that can help facilitate entrepreneurial activity year-round.
A few years ago, Rachel Bernier-Green was looking for an outlet from the stress of her intense job at a multinational accounting firm and discovered a passion for baking. It didn’t take long before friends and family were encouraging her to sell her baked goods to the masses. Rachel founded ‘Laine’s Bake Shop, LLC in 2013 using a shared kitchen space, working on the side to get her business off the ground. After a few years of baking part-time, Rachel decided to finally quit her job and start a bake shop full-time with her husband Jaryd.
April is often associated with spring cleaning and reorganizing, which means you finally made the time go through that overflowing junk drawer or to organize last year’s financial statements for the tax filing deadline. But when it comes to your finances, you can use this time to do more than just file your tax return documents thanks to the resources provided as part of National Financial Literacy Month.
Small Business Majority voiced opposition against the proposed rule change that would permit insurers to sell “short-term” health insurance plans that provide coverage for up to 364 days, well beyond the three months currently permitted by the Affordable Care Act. Short-term health insurance is meant to fill a gap in an individual’s coverage in the instance of job loss or other life change. These plans are not required to cover essential health benefits like prescription coverage or mental health treatment.
Throughout Women’s History Month, we celebrate the economic, social and political contributions that women make to our world. Women account for roughly half of the American workforce, attain higher levels of education than men and are an increasing share of primary or solo breadwinners. There is no doubt that for America to thrive, we must promote the economic empowerment of women. Central to women’s economic success is women’s entrepreneurship, which contributes significantly to overall economic growth and prosperity.
Entrepreneurs are a vital component of a thriving American economy. Indeed, small businesses represent 99% of all employer firms and account for half of our nation’s jobs and economic output, and their creativity spurs innovation in all sectors of the economy. That’s why it’s important to take time to appreciate our country’s entrepreneurs during November, which is National Entrepreneurship Month.