A New Small Business Policy Agenda for National Small Business Week

Washington, DC- Small businesses are the backbone of the American economy, driving innovation, creating jobs, and fostering economic growth. Their success is integral to the prosperity of families and communities across the country.

The Bipartisan Policy Center's latest research underscores the critical importance of federal policies that empower small business owners to access capital, support their workforce, and adapt to emerging technology. Recognizing the specific challenges and opportunities facing them, BPC has developed a comprehensive, bipartisan policy agendato promote entrepreneurship, innovation, and job creation. These policies are essential to fostering an environment where small businesses can succeed and contribute to national prosperity.

Central to the agenda for supporting small business owners and entrepreneurs is increasing access to capital, expanding public procurement opportunities, and workforce development. Additionally, as technology continues to reshape industries and business operations, many small businesses are on the frontier of adoption. This presents opportunities for growth, but challenges remain to more widespread use.

"Small businesses play a central role in American communities, and their continued health is essential for economic growth," said Dane Stangler, BPC vice president of strategic initiatives. "As we celebrate National Small Business Week, it is imperative that we continue to champion policies and initiatives that small business owners and entrepreneurs tell us they need to succeed today and for decades to come, including increasing access to capital and supporting adoption of new technology like AI."

Throughout National Small Business Week and beyond, BPC will continue working with partners like TriNet and Enova to advance policies that support the success and vitality of America's small businesses. BPC is committed to creating an environment where small businesses can thrive and contribute to the prosperity of our nation.

New material from BPC this week:

• Small Businesses Matter: A Bipartisan Policy Agenda for 2024 and Beyond
• Small Businesses Matter: Increasing Access to Capital in the Digital Age
• Small Businesses Matter: Navigating the AI Frontier

Catch up on all of BPC's small business work.