FOR IMMEDIATE RELEASE

Contact

Conan Knoll
conan@emccommunications.com, (831)524-6764

Jared Thompson
jared@smallbusinessforamericasfuture.org, (260) 797-2530

Small business group: Administration Increasing Federal Contracting will Assist Disadvantaged Small Businesses

Statement by Shaundell Newsome, Founder of Sumnu Marketing, Chairman of the Board, Urban Chamber of Commerce, and Co-Chair of Small Business For America’s Future

Washington, D.C., Dec. 2, 2021—We welcome President Biden's announcement to take the next step in the Administration's commitment to expand federal contracting with small and disadvantaged businesses by 50% by 2025 and a number of other key reforms. The plan to increase spending with business owners of color by $100 billion over five years follows up a promising goal set by the president in Tulsa, Okla., in June to ensure racial equity is at the center of his administration’s policies. 

The proposal to use the federal government’s purchasing power to grow its contracting with small and disadvantaged businesses presents a crucial opportunity for business owners of color dealing with the lingering economic impacts of the pandemic. This plan will help create opportunity for many small business owners seeking an equal shot at prosperity.

Small business owners are the backbone of the nation's economy, driving economic growth and job creation--and entrepreneurship is a powerful vehicle to expand economic opportunity to all Americans. We urge the Administration to enact this proposal quickly and provide opportunities to business owners of color who have been disproportionately impacted by the pandemic.

To request an interview with Shaundell Newsome, contact Jared Thompson at (260) 797-2530 or jared@smallbusinessforamericasfuture.org

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About Small Business for America’s Future
Small Business for America’s Future is a national coalition of small business owners and leaders working to provide small businesses a voice at every level of government. We’re committed to ensuring policymakers prioritize the nation’s 30 million small businesses to create an economy that works for them, their workers and their communities. Visit www.smallbusinessforamericasfuture.org. Follow us on Twitter and Facebook. #SmallBizAF.