News

Raising Awareness of the Issues Impacting Microbusinesses and Underserved Entrepreneurs

AEO Newsroom

Our Communications team works with media and digital partners to bring awareness of issues that impact microbusinesses and underserved entrepreneurs into the national conversation.

If you are a reporter on deadline please contact Marissa Hermo at press@aeoworks.org.

Policy News


Policy News – September 17, 2019

Policy News – September 17, 2019

Today, the House Committee on Small Business will meet for a hearing titled, “The Role of the SBA 8(a) Program in Enhancing Economic Development or Encouraging the Growth of Minority-Owned Small Businesses and Minority Entrepreneurship.”  Tomorrow, the House Committee...

Policy News – September 11, 2019

Policy News – September 11, 2019

The Senate has until the September 30th deadline to pass funding bills and avoid a government shutdown. Negotiations may be dragged out as Senate Republicans want to increase funding for the border wall by $12 billion, a proposal that is unpalatable to Senate...

Policy News, August 13, 2019

Policy News, August 13, 2019

SBA Reauthorization Highlights Last month, Senator Marco Rubio, Chairman of the Senate Committee on Small Business and Entrepreneurship, released the Chairman's mark to the Small Business Administration (SBA) Reauthorization and Improvement Act of 2019 (the "SBA...

Policy News, July 24, 2019

Policy News, July 24, 2019

The Senate Small Business and Entrepreneurship Committee will meet to mark up a bill to reauthorize the Small Business Administration, the most significant hearing on Capitol Hill today. The House Committee on Appropriations will hold a hearing titled “Budget and...

Policy News, July 16, 2019

Policy News, July 16, 2019

Today, the Senate Committee on Banking, Housing, and Urban Affairs will hold a hearing titled, “Examining Facebook’s Proposed Digital Currency and Data Privacy Considerations.” The Higher Education and Workforce Investment subcommittee will hold a hearing titled...

Policy News, July 9, 2019

Policy News, July 9, 2019

The House Committee on Financial Services will hold a hearing titled, “Monetary Policy and the State of the Economy” and the subcommittee on Investor Protection, Entrepreneurship and Capital Markets will hold a hearing titled, “Building a Sustainable and Competitive...

Policy News, July 2, 2019

Policy News, July 2, 2019

Last week, two bills were introduced in the House to allow cannabis-related legitimate business and service providers to benefit from Small Business Administration (SBA) programs. Rep. Jared Golden (D-ME) introduced HR 3543 to ensure that certain entrepreneurial...

Policy News, June 25, 2019

Policy News, June 25, 2019

The Small Business Administration has proposed a rule amending and updating regulations for the 7(a) Loan Program. This proposed rule will implement the Small Business 7(a) Lending Oversight Reform Act of 2018 and update the SBA’s regulations pertaining to supervision...

Policy News, June 18, 2019

Policy News, June 18, 2019

U.S. Trade Representative Robert Lighthizer will appear before two committees this week. Today, he will testify before the Senate Finance Committee on Trump’s trade policy and the U.S.-Mexico-Canada (USMCA) Agreement at 10:15 AM. A livestream of the hearing can be...

Policy News, June 11, 2019

Policy News, June 11, 2019

On June 18th, the Senate Armed Services Committee hopes to bring the John McCain National Defense Authorization Act of Fiscal Year 2020 (NDAA) to the floor. This bill will provide $750 billion in funding for national defense. A full executive summary of the bill can...

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Industry News – September 17, 2019

Wells Fargo Grants $100K For Latina Entrepreneurship Training Series The Statewide Hispanic Chamber of Commerce of NJ (SHCCNJ) received a $100,000 grant from the Wells Fargo Foundation to be used toward bilingual business development and educational programs for...

Industry News – September 11, 2019

SBA Invites America's Small Businesses to Share Their Story The U.S. Small Business Administration is now accepting nominations for its 2020 National Small Business Week Awards, including the annual Small Business Person of the Year. Source: PR Newswire Dallas...

Industry News, September 4, 2019

The State of Black Businesses in U.S. Cities with Large Black Populations Some have a strong economy and progressive political leadership that can bolster Black entrepreneurship. Others struggle to create a diverse network and comprehensive plan to keep Black...

Industry News, August 28, 2019

Three SBA Loan Programs Help Bridge Small Business Finance Racial Gap Despite the prevalent wealth and credit gap between African-Americans and their white counterparts, the news isn’t all bleak. The SBA has several offerings that can help expand access to capital for...

Industry News, August 20, 2019

Small Business Lending Study Shows Racial Disparity Small business lending typically relies more heavily on the owner's credit score or personal assets. Given that the median wealth of white households is 41 times greater than black families, the financing gap is...

Industry News, August 13, 2019

Female Food and Drink Entrepreneurs on How Gender Impacts Access to Capital Restaurateurs point out the balance between dealing with gender bias and gender commoditization as social impact continues to grow as a trend in the business world. Source: Washington City...

Industry News, August 7, 2019

Forget VC Money. This Company Wants to Loan You up to $10 Million Investment firm Clearbanc doesn’t want a chunk of your company or a big interest payment in exchange for funding. AI helps decide who gets the money, and they’ve funded more women because of it. Source:...

Industry News, July 30, 2019

Meet the 4 Black Men Who Are Shaking Up the Venture Capital Investment World In a space long dominated by white men, these brothers are carving out a niche that champions investing in businesses owned by women and people of color. Source: The Root     Learn...

Industry News, July 24, 2019

BB&T and SunTrust Announce $60 Billion Trust Bank Community Benefits Plan The Community Benefits Plan is a result of input received in listening sessions that BB&T and SunTrust hosted in metro and rural communities around the combined institutions' forecasted...

Industry News, July 16, 2019

Small Business Tax Credit Floated for $15 Minimum Wage Bill Some express concern that the bill is too burdensome for rural communities and small businesses. To address those concerns, Rep. Terri Sewell, (D-AL) has proposed a tax credit for small businesses to help...