Published By Public Private Strategies
NORTHEAST VIRGINIA–Today, President Biden delivered a major speech on the state of the economy. After the President’s speech, small business owners from across the country shared their outlook.
“Main Street is vibrant once again with most small businesses rebounding strongly from the Covid-19 pandemic. Thanks in no small part to generational legislative accomplishments like the American Rescue Plan, Bipartisan Infrastructure Law, and Inflation Reduction Act, there have been over 10 million new small business applications in the past two years, the strongest period on record,” said Dawn McGruder, Owner of The McGruder Group CPA’s, President of the National Association of Women Business Owners: DC Chapter. “Small businesses like mine and communities across our country all benefit when we pass smart policies to encourage entrepreneurship – especially those that support women and minority small business owners. Small businesses are the backbone of our communities and major drivers of economic growth. They deserve our full support.”
“Inflation was a big problem for my business over the past two years, and it feels like it’s getting under control. Core inflation is down to 3.1% over the past 3 months,” said Lynn Petrazzuolo, President and CEO of Avanti Corporation, Women Impacting Public Policy Member, Chair of the Leadership Advisory Council of Women Impacting Public Policy. “The Biden Administration has been committed to putting small businesses first, and it shows. As an environmental science and engineering firm who works directly with Federal Agencies, the Bipartisan Infrastructure Law invests in small businesses like mine, and it is making a difference.”
“As Chair of the Women Impacting Public Policy Education Institute, one of our goals is to help women business owners excel in procurement in both the government and the private sector,” said Julie Rothhouse, CEO of SynaVoice, Chair of Women Impacting Public Policy Education Institute, Former Women Impacting Public Policy Board Member. “Over the last two years, we’ve seen a dramatic increase in the number of new small businesses. The economic policies that President Biden and his Administration are promoting will go a long way in helping Women-Owned and other small businesses grow, thrive, and hire more employees, which benefits everyone.”
“Over the past few years, the Virginia Hispanic Chamber and its members have navigated big and complex challenges,” said Michel Zajur, President and CEO of the Virginia Hispanic Chamber of Commerce, United States Hispanic Chamber of Commerce Member. “But it finally feels like we’re on the right track toward a stable and prosperous recovery, especially with the strong investments in the future included in the Bipartisan Infrastructure Law and Inflation Reduction Act. We appreciate the Biden Administration’s help in getting us there.”
“Through the funding from the Inflation Reduction Act, the Bipartisan Infrastructure Law, and the CHIPS and Science Act, the Biden Administration has invested in small business owners and the economy,” said Molly Gimmel, CEO of Design to Delivery Inc and founder of Vellamo Leadership Institute, Former National Association of Women Business Owners (NAWBO) National Board Chair, NAWBO DC Chapter President Emeritus. “As a leader and advocate in the Women-Owned small business sector, I am encouraged by the work that the Biden Administration has done to uplift minority and Women-Owned small businesses. But I know that small businesses and our economic recovery could be at risk if leaders continue to play games with the debt limit.”
“American Main Street’s are seeing a new economic renaissance with small businesses thriving and succeeding,” said Ann Ramukumaran, Founder and CEO of Ampcus Inc., Capital Region Minority Supplier Development Council Board Member, Women Business Enterprise National Council Board Member, Greater Washington Partnership Board Member, Center for Women and Enterprise Board Member, Women Business Enterprise Council Board Member. “This is a direct result of the Biden Administration legislation like the American Rescue Plan. As the Founder and CEO of a midsize business committed to mentoring small business owners, I am so proud of the bold steps President Biden has taken to bring a positive impact to small business owners nationwide.”
Declaración de diversos defensores de los pequeños negocios antes del viaje de la vicepresidente Harris a Carolina del Norte para hablar sobre el crecimiento de los pequeños negocios
WASHINGTON, D.C.– Hoy, la vicepresidenta Harris esta en Carolina del Norte para reunirse con pequeños negocios y analizar el crecimiento de los pequeños negocios.
Antes del viaje de la vicepresidenta, los principales defensores de los pequeños negocios hablarán sobre la recuperación económica y la creciente fortaleza de MLK Boulevards, Cesar Chavez Ways, Chinatowns y Main Streets.
LeRoy Cavazos-Reyna, asesor mayor de Public Private Strategies, dijo:
“El viaje de la vicepresidenta Harris a Carolina del Norte destaca la creciente fortaleza de los pequeños negocios, de propiedad minoritaria, en todo el país. En los Estados Unidos, cinco millones de negocios propiedad de hispanos contribuyen con más de $800 mil millones a nuestra vitalidad económica. Según la investigación de Reimagine Main Street, más del 60% de las empresas de propiedad hispano no confían en poder financiar un gasto inesperado de $5,000; este pequeño margen de error significó que muchas empresas propiedad de hispanos se vieron particularmente afectadas durante la crisis global de la pandemia de COVID-19.
“Pero ahora, los pequeños negocios propiedad de hispanos se están recuperando. Los logros legislativos de los últimos dos años, incluida la Bipartisan Infrastructure Bill, the American Rescue Plan y the Inflation Reduction Act, están ayudando a impulsar el crecimiento récord de los pequeños negocios minoritarias, incluso al ampliar el acceso a dinero en efectivo y garantizar que las oportunidades de contratación estén disponibles para los contratistas minoritarios”.
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About Tammy Halevy
- Senior Advisor, Public Private Strategies
- Executive Director, Reimagine Main Street
Tammy Halevy is a Senior Advisor at Public Private Strategies and serves as Executive Director of Reimagine Main Street, an initiative focused on ensuring an equitable recovery for small business owners and their workers on Main Streets, MLK Boulevards, Chinatowns and Cesar Chavez Ways.
Prior to joining PPS, Tammy spent nearly a decade as the Senior Vice President of New Initiatives at a national nonprofit organization focused on creating economic opportunity for underserved entrepreneurs. Tammy was also a consultant at McKinsey & Company, where as part of the corporate finance and strategy practices, she led client and research projects primarily focused on reaching new markets and structuring complex partnerships. Early in her career she also held positions in the US House of Representatives, The Overseas Development Council and Kroll Associates.
About C. LeRoy Cavazos-Reyna
- Senior Advisor, Public Private Strategies
- Former Vice President of Government and International Affairs, United States Hispanic Chamber of Commerce
C. LeRoy Cavazos-Reyna is a Senior Advisor at Public Private Strategies (PPS). A Texas native of the U.S.-Mexico border city of Mission, LeRoy maintains deep connections to and insights about the minority-small business community across the Southwest, the country, and the world. At PPS, LeRoy works to strengthen PPS’ work nationally and globally with the Latino community. Prior to joining PPS, LeRoy served as Vice President of Government and International Affairs for the United States Hispanic Chamber of Commerce in Washington D.C. but he remains involved with its mission growth. Before that, LeRoy served as the Senior Manager of Public Affairs and Communications for Coca-Cola Southwest Beverages, a company of Arca Continental. He has spent much of his career in San Antonio, where he worked for the San Antonio Hispanic Chamber of Commerce (SAHCC) from 2012-2017 and served on numerous community boards.
About Reimagine Main Street
Reimagine Main Street, a project of the Public Private Strategies Institute, is a multi-stakeholder, cross-sector initiative focused on advancing and uplifting innovative solutions to ensure that small businesses and the people they employ on MLK Boulevards, Cesar Chavez Ways, Chinatowns, and Main Streets are at the center of the economic recovery and growth in the wake of COVID-19. We engage in dialogue supported by data-driven insights to ensure communities thrive and the benefits ripple throughout the economy. Learn more at www.reimaginemainstreet.org.