Voglio sapere a riguardo di…

Federal Register / Vol. 86, No. 210 / Wednesday, November 3, 2021 / Presidential Documents
60541

Presidential Documents
Proclamation 10300 of October 29, 2021

National Entrepreneurship Month, 2021
By the President of the United States of America A Proclamation Every day, American entrepreneurs combine passion, resilience, and ingenuity to solve hard problems and create products and businesses that improve our lives. American entrepreneurs create and scale new technologies, products, and services. They build businesses and, in some cases, entire industries. Their work helps grow our economy, creates good jobs, and increases our prosperity. Entrepreneurs have repeatedly risen to meet our Nations and our worlds complex challenges, and during National Entrepreneurship Month, we celebrate our Nations entrepreneursboth past and present who exemplify the American spirit and recognize their important contributions to our people, our economy, and the world.

khammond on DSKJM1Z7X2PROD with PRESDOC6

The COVID19 pandemic has posed historic challenges to our country and our Nations entrepreneurs. Many businesses closed, and main streets became quiet. Despite these setbacks, American entrepreneurs showed incredible fortitude, finding innovative and effective ways to adapt their businesses as we fight a once-in-a-century crisis. To help our Nations businesses and entrepreneurs recover during the pandemic, my Administration ensured that nearly $300 billion in forgivable Paycheck Protection Program loans went to our smallest businesses, with more than 95 percent going to businesses with less than 20 employees, and provided over $28 billion in support to over 100,000 businesses through the Restaurant Revitalization Fund. In the midst of the economic disruption caused by the pandemic, Americans started more than 4 million businesses last year, a 24 percent increase from the year beforethe highest number of monthly business applications on recordand start-up rates growing the most among immigrants and Black, Latino, and Asian, Native Hawaiian, and Pacific Islander Americans. This is important for our future success, as small businesses are the engines of our economic progressand the heart and soul of our communities.
My Administration is committed to supporting all of our Nations entrepreneurs to ensure that they can continue to play a key role in strengthening our economy and our society for years to come. My Administrations Build Back Better framework will deliver on the crucial infrastructure investments that form the foundation for success for entrepreneurs across the country.
From investing in universal, affordable broadband to making the largestever Federal investments in public transit, passenger rail, and bridges, we will reinvigorate communities and their local economies. My Administrations framework will also provide much needed support for our entrepreneurs, including new loan and venture capital programs targeting the smallest businesses, small manufacturers, clean energy start-ups, and others, as well as investing in childcare, health care, and workforce development.
We will also provide more support to businesses seeking to participate in the hundreds of billions of dollars that the Federal Government spends each year in procuring goods and services and investing in research and development. My Administration will fully implement the $10 billion State Small Business Credit Initiative, which will allow States to set up new small business loan and venture capital programs, established by the American Rescue Plan.

VerDate Sep<11>2014

15:36 Nov 02, 2021

Jkt 253001

PO 00000

Frm 00001

Fmt 4790

Sfmt 4790

E:FRFM03NOD5.SGM

03NOD5