Reform the SBA

Opinion: Business Campaign for Better Access to Capital for Black Entrepreneurs

Jacksonville Free Press April 21, 2021 By Frank Knapp Jr. and Derek Peebles In September of 2019, long before anyone had ever heard of the coronavirus, The Republican Party’s only Black U.S. Senator, Tim Scott (R-SC) announced that he had introduced the Enhancing Entrepreneurship for the 21st Century Act along with…

Number of banks shrink by 68%, small business loans suffer

PRESS RELEASE Contact: Frank Knapp Jr. 803-600-6874 fknapp@scsbc.org Policy recommendation: More of the same Columbia, SC, March 23, 2021—The number of commercial banks has decreased 68% since 1980.  Only 4,600 banks exist today because “many smaller sized banks have disappeared during this period, via mergers or failures” according to a…

Business organizations call for SBA reform to address new business startup crisis

PRESS RELEASE Contact: Frank Knapp Jr. 803-600-6874 fknapp@scsbc.org Columbia, SC, March 3, 2021—Today a national campaign was launched to focus Washington’s attention on the country’s new business startup slump.  “Reform the SBA” calls for expanding the Small Business Administration’s mission, authority, and resources to successfully address this national economic crisis.…

Supporting Entrepreneurs Elevates Our Communities

Arkansas Business February 19, 2021 by U.S. Rep. French Hill and Jeff Standridge This week celebrates National Entrepreneurship Week, which highlights the work done by entrepreneurs across the country. Our state is home to a number of thriving businesses started by determined individuals who had a vision and boldly pursued their…