By Rhonda Abrams
Since 1963, the first week of May has been designated by the President of the United States as a time to celebrate entrepreneurs.
To mark the start of this year’s Small Business Week, small-business owner and USA TODAY contributor Rhonda Abrams sat down for a discussion with Maria Contreras-Sweet, the current Administrator of the U.S. Small Business Administration. Contreras-Sweet, the founder of ProAmerica Bank, talked about technology and small-business lending, and elaborated on some of the challenges — and resources — for the nation’s estimated 28 million small businesses.
She also encouraged shoppers to spend at their local stores.
“When you shop at a small business, 64 cents of your dollar stay right in your neighborhood,” she says. In turn, she adds, those stores could become a “destination” for more consumers, leading to more job creation in the community.
“Small businesses should be respected for the role they play: Two out of three net new jobs are created by small businesses,” she says. “This is the time to celebrate small businesses.”
Here are some other thoughts from Contreras-Sweet:
Q: What’s a main message that you would like to get out there during Small Business Week? (more…)