Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA), and John Arensmeyer, founder and CEO of Small Business Majority, have signed a co-sponsorship agreement to partner on a new public engagement tool to assist the small business ecosystem and entrepreneurs around the nation. The new agreement will offer a webinar series entitled “The Bottom Line,” which will introduce American small business owners to SBA tools and resources they can access to help them address timely economic challenges.
“This alliance between the SBA and Small Business Majority will help expand and deepen the SBA’s outreach network to better connect with small businesses and entrepreneurs in every corner of our nation. Throughout COVID, with the support of our incredible network, the SBA has helped small businesses pivot and survive during pandemic with relief from the American Rescue Plan. This collaborative training series comes at a critical time as small businesses continue to navigate inflation, supply chain disruptions, and workforce challenges,” Guzman said.
“Small business ownership is a potent force that can help address economic inequality and build dignity,” said John Arensmeyer, founder & CEO, Small Business Majority. “A healthy entrepreneurial ecosystem provides an innovative pathway for women, people of color, young adults, veterans, disabled people, immigrants and rural residents to enter the mainstream American economy and build income and independence. We are excited to join in this collaboration with the SBA to bring forth knowledge-based and useful tools and resources that will help to enhance the business ecosystem and support a drive toward confident entrepreneurship.”
The first webinar in this series is scheduled for Tuesday, Sept. 6, titled “How to Combat Inflation as a Small Business Owner.” This session will provide an overview of operational strategies, funding options, and resources that can help business owners deal with inflation and will be a partner collaboration with organizations like the Urban League, the National Community Reinvestment Coalition, and Prosperity Now.
“With Small Business Majority, we will be working to provide relevant educational webinars and better communicate to small businesses owners about the vital resources the SBA offers that can help them strengthen their balance sheets and leverage the opportunities and benefits in the Infrastructure Investment and Jobs Act, CHIPS and Science Act, and the Inflation Reduction Act which will lower health and energy costs, bolster our clean energy economy and supply chains, and shrink our federal deficit – all while strengthening success pathways to the American Dream for our entrepreneurs,” added SBA Atlantic Regional Administrator Marlene Cintron, who oversees the federal Agency’s operations throughout New York, New Jersey, Puerto Rico and the U.S. Virgin Islands.
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