“We’re relieved Congress is expected to finally pass a stimulus deal today that will help provide some relief to small businesses here in Colorado, but this may be too little too late for the thousands of vulnerable businesses that have been on the brink of collapse during months of congressional inaction.
Press Releases
Press Release Date:
Monday, December 21, 2020
Ahead of tonight’s vote on a long-awaited federal economic stimulus package, Hunter Railey, Colorado Director for Small Business Majority, comments on the legislation’s provisions for small businesses.
Topic(s):
Access to Capital, COVID-19, General Small Business, Government Accountability
Press Release Date:
Monday, December 21, 2020
Mark Herbert, Vice President, California for Small Business Majority, comments on the long-awaited federal economic stimulus plan expected to pass Congress tonight.
“We’re relieved Congress is expected to pass a stimulus deal today that will help provide some relief to small businesses here in California and around the country, but this may be too little too late for the thousands of vulnerable businesses that have been on the brink of collapse during months of congressional inaction. An estimated 400,000 small businesses nationwide have already closed their doors for good.
Topic(s):
Access to Capital, COVID-19, General Small Business, Government Accountability
Press Release Date:
Sunday, December 20, 2020
Small Business Majority Founder and CEO John Arensmeyer comments on the long-awaited federal economic stimulus plan released today.
“We’re relieved Congress finally came through with a stimulus deal today that will help provide some relief to Main Street, but this may be too little too late for the thousands of vulnerable small businesses that have been on the brink of collapse during months of congressional inaction.
Topic(s):
COVID-19
Press Release Date:
Thursday, December 17, 2020
New Small Business Majority poll reveals difficulties entrepreneurs continue to face nine months into the pandemic, with business owners of color experiencing greater impacts.
(Sausalito, CA) - As the state of California faces new public health orders to mitigate the spread of COVID-19, a new Small Business Majority scientific poll released today sheds light on the distressing effects the pandemic has had on small business owners across the state.
Topic(s):
Access to Capital, COVID-19, General Small Business
Press Release Date:
Thursday, December 17, 2020
Nueva encuesta de Small Business Majority revela las dificultades que los empresarios continúan enfrentando nueve meses después del inicio de la pandemia, con empresarios de color sufriendo los mayores impactos.
(Sausalito, CA) - A medida que el estado de California recibe nuevas órdenes de salud pública para mitigar la propagación del coronavirus, una nueva encuesta de opinión científica de Small Business Majority lanzada el día de hoy dió a conocer los efectos angustiantes que la pandemia ha tenido en los propietarios de pequeñas empresas de todo el estado.
Topic(s):
Access to Capital, COVID-19, General Small Business
Press Release Date:
Monday, December 14, 2020
Small Business Majority Founder and CEO John Arensmeyer comments on the bipartisan economic relief plan released today, as well as the failure to deliver a more comprehensive stimulus package for small businesses.
Topic(s):
Access to Capital, COVID-19, Government Accountability
Press Release Date:
Monday, December 14, 2020
Xiomara Peña, Vicepresidenta, Colaboraciones Estratégicas de Small Business Majority comenta sobre el plan de ayuda económica bipartidista lanzado hoy, así como la falta de entrega de un paquete de estímulo robusto para las pequeñas empresas.
"Aunque el plan de estímulo bipartidista lanzado esta tarde no es el paquete robusto que las pequeñas empresas han exigido, apoyamos esta iniciativa como una solución temporal para contener más pérdidas durante este momento crítico. Los meses de inacción por parte del Congreso ya se han probado perjudiciales a medida que las pequeñas empresas continúan enfrentando cortes de personal, cierres permanentes y ruina financiera con deudas incrementales.
Topic(s):
Access to Capital, COVID-19, Government Accountability
Press Release Date:
Wednesday, December 2, 2020
Statement by Hunter Railey, Colorado Director for Small Business Majority, on the passage of the state’s economic stimulus package during this week’s special legislative session that includes direct financial assistance for eligible small businesses
“We applaud the Colorado General Assembly for taking swift action this week in passing an economic relief package that includes support for small businesses that continue to experience severe impacts from the pandemic. More importantly, state officials have taken into consideration lessons learned during the federal rollout of the Paycheck Protection Program and have crafted these measures in a way that will prioritize some of the most vulnerable small businesses and those owned by people of color who were shut out of federal relief programs.
Topic(s):
Access to Capital, COVID-19, Government Accountability
Press Release Date:
Wednesday, December 2, 2020
Small Business Majority CEO and Founder John Arensmeyer comments on the U.S. Small Business Administration’s data release on Paycheck Protection Program borrowers and what is needed to ensure small businesses can survive in the midst of the pandemic.
“The release of the U.S. Small Business Administration’s (SBA) data on Paycheck Protection Program (PPP) borrowers shows us what we already know to be true: Larger businesses benefited significantly from funds meant to be a lifeline for our small business community. We are disappointed, but not surprised, to learn that the majority of PPP funds went to only 5% of borrowers. This points to how the program is fundamentally flawed as it favored larger and more well-established businesses that have existing banking relationships.
Topic(s):
Access to Capital, COVID-19, General Small Business
Press Release Date:
Tuesday, December 1, 2020
Declaración de Xiomara Peña, Vicepresidenta, Colaboraciones Estratégicas de Small Business Majority sobre el anuncio del Gobernador Gavin Newsom de que California invertirá en nuevos fondos de subvenciones y préstamos para las pequeñas empresas afectadas por COVID-19
“Estamos encantados de que el Gobernador Gavin Newsom haya anunciado una sólida inversión en pequeñas empresas afectadas por la pandemia actual de COVID-19. Esta inversión—que incluye $500 millones en subvenciones, reducción temporal de impuestos y fondos adicionales para el nuevo Fondo de reconstrucción de California—proporcionará un alivio muy necesario a las pequeñas empresas que necesitan ayuda desesperadamente para mantener sus puertas abiertas y sus empleados en nómina.
Topic(s):
Access to Capital, COVID-19