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ASBC Celebrates National Small Business Week

The week of May 1-7, 2016, marked National Small Business Week in the United States. National Small Business Week has been celebrated since 1963, and the Small Business Administration (SBA) highlights business owners nationwide who are working to create jobs and grow their local economies. According to the SBA, small business owners are responsible for nearly two out of every three jobs created in the United States every year.

ASBC joins in celebrating Small Business Week, and the entrepreneurs and small businesses that make our economy run. At the same time, ASBC continues to call for legislation to improve small business’ access to capital, a major problem for small firms in particular, according to ASBC polling data. In particular, ASBC calls on Congress to address the issue of capital access for women- and minority-owned businesses, both of which suffer far lower levels of capitalization than businesses owned by men and nonminorities.

Source Author: 
Zach Bernstein
Source Publication Date: 
May 3, 2016