Small businesses in every part of the country have struggled mightily during the COVID-19 pandemic. Many have survived only due to unprecedented assistance from the federal government deployed through the Small Business Administration (SBA). With responsibility for distributing roughly a trillion dollars in relief, the SBA’s effort has been historic and admirable.
The experience amplified strengths, yet also revealed important areas where the agency is in need of enhanced capabilities. To address this opportunity, learn from the crisis experience, and help strengthen the agency’s role in serving small and young companies, the Bipartisan Policy Center has announced the launch of the Task Force on the Future of SBA.
Through public convenings, private deliberations, and extensive consultation with small business owners, entrepreneurs, and subject-matter experts, the task force — whose members include OFN SVP, Public Policy Dafina Williams and OFN Board Member Robert Villareal — will develop evidence-based recommendations for Congress and the Biden administration. In particular, the task force will work to inform bipartisan SBA reauthorization in the near future.