{"id":35938,"date":"2023-12-15T23:22:06","date_gmt":"2023-12-15T23:22:06","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/readout-of-sba-administrator-guzmans-attendance-at-the-white-house-sba-community-navigator-event\/"},"modified":"2023-12-15T23:22:06","modified_gmt":"2023-12-15T23:22:06","slug":"readout-of-sba-administrator-guzmans-attendance-at-the-white-house-sba-community-navigator-event","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/readout-of-sba-administrator-guzmans-attendance-at-the-white-house-sba-community-navigator-event\/","title":{"rendered":"Readout of SBA Administrator Guzman\u2019s Attendance at the White House SBA Community Navigator Event"},"content":{"rendered":"
\n

WASHINGTON, Dec. 15, 2023 (GLOBE NEWSWIRE) — This week, Administrator Isabel Casillas Guzman<\/b><\/a>, head of the\u00a0U.S. Small Business Administration (SBA)<\/b><\/a>\u00a0<\/b>and the voice in President Biden\u2019s cabinet for America\u2019s 33 million small businesses, met with Community Navigator Pilot Program<\/a><\/b> (CNPP) participants alongside National Economic Council (NEC) Director Lael Brainard and White House American Rescue Plan Coordinator Gene Sperling to discuss the transformational effects the program has had in helping historically underserved small businesses access timely support.<\/p>\n

President Biden\u2019s American Rescue Plan provided a monumental investment in the nation\u2019s small businesses, including the creation of the Community Navigator Pilot Program, which is designed to reduce the barriers small businesses face in accessing critical support \u2013 including those owned by underserved groups such as veterans, women, rural communities, and people of color. The Community Navigator program provided competitive funding to 51 organizations that worked with hundreds of local groups to connect entrepreneurs to resources to help their small businesses thrive.\u00a0<\/p>\n

Small business owners at the table discussed how the CNPP provided tangible support in the form of capital, certification readiness, procurement guidance, financial literacy, and other technical assistance. In a new report<\/a><\/b> in conjunction with the roundtable, the SBA highlighted how the Community Navigator Pilot Program is meeting small businesses where they are and helping to close resource, capital, and educational gaps for historically underserved small businesses by connecting entrepreneurs to trusted and culturally competent service providers in their communities. The program has successfully provided training to over 350,000 entrepreneurs, 1:1 counseling services to over 33,000 unique small business clients, and a projected $300 million in approved funding to small businesses. <\/p>\n

Roughly 75% of small businesses reached with counseling services through the Community Navigators program had not done business with the SBA in the prior five years \u2013 illustrating how successful the program has been in reaching entrepreneurs who may have missed out on available supports in the past \u2013 and four out of five Community Navigator clients are from a traditionally underserved or underrepresented groups.<\/p>\n

For follow-up interview requests for Administrator Guzman, please contact Rebecca Galanti at Rebecca.Galanti<\/u><\/b>@sba.gov<\/b><\/a>. <\/p>\n

Event Photos:<\/u><\/i><\/b> available on request press_office@sba.gov<\/a><\/p>\n

###\u00a0<\/p>\n

\u00a0About The Season of Small Business<\/b>
The Season of Small Business, which was established on the heels of another transformative year for small businesses under the Biden-Harris Administration, is an SBA-led initiative designed to drive Americans to shop at small businesses throughout the holiday season. For more information on the SBA\u2019s Season of Small Business campaign, visit www.sba.gov\/SeasonOfSmallBusiness<\/a>.\u00a0 \u00a0<\/p>\n

About the U.S. Small Business Administration<\/b>\u00a0
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<\/a>.\u00a0<\/p>\n\n <\/div>\n","protected":false},"excerpt":{"rendered":"

WASHINGTON, Dec. 15, 2023 (GLOBE NEWSWIRE) — This week, Administrator Isabel Casillas Guzman, head of the\u00a0U.S. Small Business Administration (SBA)\u00a0and the voice in President Biden\u2019s cabinet for America\u2019s 33 million small businesses, met with Community Navigator Pilot Program (CNPP) participants alongside National Economic Council (NEC) Director Lael Brainard and White House American Rescue Plan Coordinator 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