Sumary of What The New SBA Head Is Doing For Older And Minority Entrepreneurs:
- Importantly, Guzman focused on the critical need to make it easier for small businesses to tap into capital to launch..
- Guzman, who was the SBA’s deputy chief of staff under President Barack Obama, is the chief advocate and voice for America’s small business owners and prospective entrepreneurs in Washington, D.C..
- She leads a staff of over 9,000 and oversees the SBA’s portfolio of loans, disaster assistance, contracting and counseling..
- The agency is in the midst of executing aspects of President Joe Biden’s $1.9 trillion American Rescue Plan assisting the droves of small businesses pummeled by the pandemic..
- As of April 2020, nearly one-third of small and medium-sized businesses have stopped operating, according to the State of Small Business Report by Facebook and the Small Business Roundtable..
- Guzman told me her aim is “to deliver critical relief swiftly and efficiently to our hardest hit small businesses and also focusing on recovery and how we can better serve our small businesses as they look to grow and expand our economy into the future.”…