FACT SHEET: Ahead of Small Business Saturday, Biden-Harris Administration Announces Latest Steps to Support Small Businesses

Written by on November 21, 2023

Department of the Treasury announces $50 million to help underserved small businesses secure financing; Small Business Administration delivers $50 billion to small businesses and sees record loans to minority businesses

In advance of Small Business Saturday on November 25th, the Biden-Harris Administration is announcing new actions to support small businesses—a key pillar of Bidenomics—and releasing new data that highlights the small business boom taking place during this Administration. Under President Biden, Americans have filed a record 14.6 million applications to start businesses – a sign that the . . .



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