Readout of SBA Roundtable Celebrating AANHPI Heritage Month
2024年5月15日 - 6:31AM
On Tuesday, May 14, SBA
Administrator Isabel Casillas Guzman
hosted a roundtable with Asian American, Native Hawaiian, and
Pacific Islander (AANHPI) business leaders to celebrate AANHPI
Heritage Month and discuss how the Biden-Harris Administration can
continue to advance and support entrepreneurship within the AANHPI
community.
Administrator Guzman gave remarks alongside Senator Mazie
Hirono, Congresswoman Judy Chu, Deputy Assistant to the President
& AANHPI Senior Liaison Erika Moritsugu, and White House
Initiative on AANHPI Executive Director Krystal Ka'ai. The
officials then heard from representatives of the AANHPI community
and business organizations to discuss challenges and opportunities
for AANHPI entrepreneurs in small business ownership, government
contracting, manufacturing, and technology.
After declining between 2017 and 2020, SBA loans to AANHPI-owned
businesses are back on the rise under the Biden-Harris
Administration, with total loans increasing by 44% and total loan
dollars increasing by 36%. Since President Biden took office,
federal contracting dollars going to AANHPI-owned small businesses
have grown substantially – an increase of $2.1 billion for Asian
American-owned small businesses and $2.8 billion for Subcontinent
Asian American-owned small businesses.
AANHPI entrepreneurs own more than 3 million small businesses
across the country, employ more than 5.2 million people, and
generate $958 billion in sales every year. Under the Biden-Harris
Administration, members of the AANHPI community are betting on
themselves and their ideas – and because of their belief and
spirit, America’s small business economy is flourishing. During
AANHPI Heritage Month, the SBA is celebrating the AANHPI
community’s resilience, entrepreneurial spirit, and contributions
to our economy.
For follow-up interview requests for Administrator Guzman,
please contact Rebecca Galanti at
Rebecca.Galanti@sba.gov.
Event Photos:
Available by contacting Press_Office@sba.gov
Image Description: Administrator Isabel Casillas Guzman
(C) speaks at a roundtable alongside Senator Mazie Hirono (L) and
Congresswoman Judy Chu, Chair of the Congressional Asian Pacific
American Caucus (R).
Image Description: Administrator Isabel Casillas Guzman
(Front Center-Left) with roundtable participants, including White
House officials, Members of Congress, SBA staff, and community
organization leaders.
###
About the U.S. Small Business Administration The
U.S. Small Business Administration helps power the American dream
of business ownership. As the only go-to resource and voice for
small businesses backed by the strength of the federal government,
the SBA empowers entrepreneurs and small business owners with the
resources and support they need to start, grow, expand their
businesses, or recover from a declared disaster. It delivers
services through an extensive network of SBA field offices and
partnerships with public and private organizations. To learn more,
visit www.sba.gov.
Christine Saah Nazer
U.S. Small Business Administration
202-756-0304
christine.saahnazer@sba.gov