My Plan for Small Business
William's Plan for small business -William has a plan to support small businesses and entrepreneurship. William’s initiatives will make it easier to start and grow a new business, eliminate bureaucracy, and connect entrepreneurs with the resources they need to succeed. William will also ensure all entrepreneurs, particularly women, minorities, and veterans, receive fair access to the support, capital, and resources they need to thrive.
The key pillars of William’s plan include:
Supporting Local Business Solution Centers for Entrepreneurs.William will provide funds for cities and towns to establish and/or strengthen entrepreneurship centers in their communities. This includes making funding flexible, so cities can innovate to meet local needs – for example, by creating pop-up centers in high-need communities, or developing mobile apps that allow entrepreneurs to set up businesses seamlessly and conveniently – and offering targeted matching funds to create or expand small-business incubators and affordable shared workspaces in local industries such as clean technology, advanced manufacturing, and food production.
Creating a User-Friendly Small Business Administration.William will consolidate, streamline, and expand federal support for small businesses in the Small Business Administration (SBA), creating simplified access for entrepreneurs that makes federal programs easier to navigate, while eliminating unnecessary bureaucratic roadblocks that work against entrepreneurs and undermine their potential for success. This includes increasing the SBA’s budget for the Small Business Investment Company (SBIC) program, which licenses private providers of equity capital and offers subsidized financing to help grow small businesses, and focusing those funds on underserved and distressed communities and advanced industries, which have a particularly beneficial impact in terms of jobs and economic growth.
Extending Opportunity to Everyone.William will ensure that all entrepreneurs, especially women, minority and veteran business owners, are given fair access to the support, capital and mentorship they need to succeed. That includes encouraging local Business Solution Centers to certify women, minority, and veteran-owned businesses to bid for government contracts, and ensuring fair access for those businesses to capacity-building support so that they can compete for larger contracts. In addition, William’s plan includes support for specialized services for underrepresented groups by expanding and improving on models like the 8(a) Business Development program and expanding the Small Business Administration’s “Boots to Business” educational program to connect veteran entrepreneurs, while measuring outcomes and focusing funding on the most successful providers.
The key pillars of William’s plan include:
Supporting Local Business Solution Centers for Entrepreneurs.William will provide funds for cities and towns to establish and/or strengthen entrepreneurship centers in their communities. This includes making funding flexible, so cities can innovate to meet local needs – for example, by creating pop-up centers in high-need communities, or developing mobile apps that allow entrepreneurs to set up businesses seamlessly and conveniently – and offering targeted matching funds to create or expand small-business incubators and affordable shared workspaces in local industries such as clean technology, advanced manufacturing, and food production.
Creating a User-Friendly Small Business Administration.William will consolidate, streamline, and expand federal support for small businesses in the Small Business Administration (SBA), creating simplified access for entrepreneurs that makes federal programs easier to navigate, while eliminating unnecessary bureaucratic roadblocks that work against entrepreneurs and undermine their potential for success. This includes increasing the SBA’s budget for the Small Business Investment Company (SBIC) program, which licenses private providers of equity capital and offers subsidized financing to help grow small businesses, and focusing those funds on underserved and distressed communities and advanced industries, which have a particularly beneficial impact in terms of jobs and economic growth.
Extending Opportunity to Everyone.William will ensure that all entrepreneurs, especially women, minority and veteran business owners, are given fair access to the support, capital and mentorship they need to succeed. That includes encouraging local Business Solution Centers to certify women, minority, and veteran-owned businesses to bid for government contracts, and ensuring fair access for those businesses to capacity-building support so that they can compete for larger contracts. In addition, William’s plan includes support for specialized services for underrepresented groups by expanding and improving on models like the 8(a) Business Development program and expanding the Small Business Administration’s “Boots to Business” educational program to connect veteran entrepreneurs, while measuring outcomes and focusing funding on the most successful providers.