• COVID-19 Resources
  • About
  • Subscribe
  • Promotions
  • Advertise
  • Contact Us
  • May 30, 2025

Milwaukee Courier Weekly Newspaper

"THE NEWSPAPER YOU CAN TRUST SINCE 1964"

  • News
  • Editorials
  • Education
  • Urban Business
  • Health
  • Religion
  • Upcoming Events
  • Classifieds

Share:

  • Click to share on Facebook (Opens in new window) Facebook
  • Tweet
  • Click to email a link to a friend (Opens in new window) Email
  • Click to print (Opens in new window) Print

Under the Biden-Harris Administration, Business Applications Reach a Historic High

June 15, 2024

President Biden and Vice President Harris (Photo/Performance.gov)

By Karen Stokes

Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) released a statement in response to President Biden’s announcement that more than 18 million new business applications have been filed under the Biden-Harris administration.

“Under President Biden, American business owners have demonstrated incredible dynamism, tenacity, and optimism,” said SBA Administrator Guzman. “By leveling the playing field and making historic Investments in America, President Biden has catalyzed an unprecedented surge of entrepreneurship with more than 18 million business applications filed under the Biden-Harris administration to date. Small businesses are bellwethers within our economy, and their meteoric rise under this administration reveals the true strength of the economy that President Biden has built from the bottom up and the middle out.”

Since the Biden-Harris administration took office, 18.1 million new business applications have been filed, averaging 443,000 per month—over 90% faster than pre-pandemic rates. The administration has already marked the first, second, and third strongest years for new business applications on record, and is on track for a fourth consecutive historic year. The U.S. economy has grown more under President Biden than at any comparable point in the last 25 years of presidential administrations.

“We’ve had the three strongest years for new businesses on record and the small business boom that has powered our economic comeback continues. Since the pandemic, Black business ownership has more than doubled, Hispanic business ownership is up 40 percent, and women own a record share of businesses,” President Biden said in a statement.

“I’m fighting for Scranton and Main Street, not Park Avenue and Wall Street,” Biden added.

Share:

  • Click to share on Facebook (Opens in new window) Facebook
  • Tweet
  • Click to email a link to a friend (Opens in new window) Email
  • Click to print (Opens in new window) Print

Popular Interests In This Article: Biden-Harris Administration, Joe Biden, Karen Stokes, New Business Applications, small business

Read More - Related Articles

  • 5 Things To Remember When Merging Small Businesses
  • Former City Attorney Tearman Spencer Denies Misconduct, Attributes Charges to Challenging Systemic Inequity
  • UW–Oshkosh Renames Multicultural Center to Honor Dr. Dorian Boyland
  • Wisconsin Senate Passes Bill to Extend Medicaid Coverage for New Mothers
  • Milwaukee News Company Secures Partnership with Amazon
Become Our Fan On Facebook
Find Us On Facebook


Follow Us On X
Follow Us On X

Editorials

Lakeshia Myers
Michelle Bryant
Dr. Kweku Akyirefi Amoasi formerly known as Dr. Ramel Smith

Journalists

Karen Stokes

Topics

Health Care & Wellness
Climate Change
Upcoming Events
Obituaries
Milwaukee NAACP

Politicians

David Crowley
Cavalier Johnson
Marcelia Nicholson
Governor Tony Evers
President Joe Biden
Vice President Kamala Harris
Former President Barack Obama
Gwen Moore
Milele A. Coggs
Spencer Coggs

Classifieds

Job Openings
Bid Requests
Req Proposals
Req Quotations
Apts For Rent

Contact Us

Milwaukee Courier
2003 W. Capitol Dr.
Milwaukee, WI 53206
Ph: 414.449.4860
Fax: 414.906.5383

Copyright © 2025 · Courier Communications | View Privacy Policy | Site built and maintained by Farrell Marketing Technology LLC
We use third-party advertising companies to serve ads when you visit our website. These companies may use information (not including your name, address, email address, or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here.