Wendy Guillies, Kauffman president and CEO, delivers a dose of reality – the $350 billion Paycheck Protection Program ran out of money quickly, leaving small businesses in danger, while policy continued to favor big business. America can't afford to lose its small business sector.
Guillies outlines the urgency for crisis response and long-term policies to support new and small businesses. Entrepreneurship advocates at the local level – community organizations, local governments, and financial institutions are working together to address needs, but the federal government needs to take action too, so small businesses can weather this immediate crisis and rebuild for the future.