I think we’ve learned that the S.B.A. plays a critical role in providing access and opportunity when the market is not providing that access. We help banks get that money out into the hands of important and viable businesses, particularly those owned by minorities, women, immigrants and veterans. Karen Mills Read Quote
After four years as Administrator of the SBA, I have let President Obama know that I will not be staying for a second term. I will stay on until my successor is confirmed to ensure a smooth and seamless transition. Karen Mills Read Quote
I recently had the opportunity to participate in Inc.’s first-ever ‘Hire Power Awards’ event in Washington, D.C. The event was a testament to the power of American entrepreneurship and the role that it plays in driving job creation and innovation in a wide array of industries. Karen Mills Read Quote
Small businesses have told us that having cash in their pocket is one of the primary things that they need. Karen Mills Read Quote
This is not a zero-sum game. We know that if we provide access and education, particularly where there are gaps in the market, we will create more jobs, we will create more growth, and we will create more activity in the U.S. market, which will be good for our economy. Karen Mills Read Quote
It’s not government that creates jobs; it’s small business. Our job is to make sure they have the access to capital, the access to contracting opportunities, and the help, advice and mentoring that they need to go out and be successful. Karen Mills Read Quote
As you probably know, half of the people who work in this country work for small businesses. And it’s more than that, because two out of every three net new jobs come from small business. So we mean it when we talk about small business being the engine for the economy. Karen Mills Read Quote
Among our responsibilities is to make sure that 23 percent of all government contracts go to small businesses. That’s about $150 billion annually, from all the government agencies. Karen Mills Read Quote
We’ve gotten tremendous support. Everybody now understands how critical it is to help small businesses get out of this recession and into recovery. Karen Mills Read Quote
One of the most important things we hear is the S.B.A. needs to be ubiquitous. We do all these things, but people still don’t know. Karen Mills Read Quote
