Small Business
For years, small business owners have grappled with a struggling economy, ever-changing regulations and tax burdens far higher than those of many Fortune 500 companies. It’s long past time that we recentered our economy around the small businesses that make up 93% of employers in Minnesota’s Second Congressional District.
We must do more to ensure that small business owners have the resources and support they need – not only to keep the lights on but to continue growing and expanding to serve as the economic engines of our local communities. That’s why I’ve spent the past two years working hand-in-hand with many of our small business owners to identify and enact solutions that would help to strengthen our economy and create the pro-business climate we need to support Minnesota. In the midst of the COVID-19 pandemic, I helped establish the Paycheck Protection Program and led the charge in Washington to establish and fully fund the Restaurant Revitalization Fund, which has kept so many of our favorite bars and restaurants afloat. I also introduced legislation to lower the federal tax rate for small businesses to help overcome higher input costs.
Across Minnesota, our small businesses employ thousands and keep our communities flourishing and vibrant. In Congress, I’ll always work just as hard as they do to ensure they can find success in our communities.
More on Small Business
WASHINGTON, DC – This week, the U.S. House of Representatives passed Angie Craig's bill to strengthen and improve the Small Business Administration's SCORE Program with bipartisan support. The SCORE for Small Business Act of 2022, which Craig introduced alongside Republican Representative Young Kim (CA-39), would reauthorize the SCORE program, which provides education and mentorship services for entrepreneurs.
WASHINGTON, DC — Today, U.S. Representative Angie Craig introduced legislation to lower the federal tax rate for small businesses, many of which are still struggling to overcome the impact of the COVID-19 public health and economic crisis. The ongoing pandemic has had a devastating impact on small businesses, forcing hundreds of thousands to close their doors – and leaving countless more on the brink of permanent closure.
WASHINGTON, DC – Today, U.S. Representative Angie Craig's bill to strengthen and improve the Small Business Administration's SCORE Program passed out of the House Committee on Small Business with unanimous bipartisan support. The SCORE for Small Business Act of 2022, which Craig introduced alongside Rep. Young Kim (CA-39), would reauthorize the SCORE program, which provides education and mentorship services for entrepreneurs.
WASHINGTON, DC – Today, Representative Angie Craig released the following statement following House passage of the Build Back Better Act.
WASHINGTON, D.C. — Today, U.S. Representative Angie Craig pushed Speaker of the House Nancy Pelosi and House Majority Leader Steny Hoyer to take immediate action to support small businesses in Minnesota and across the country that are still reeling from the COVID-19 pandemic. In her letter, Representative Craig noted that small businesses account for 99.9% of all firms in the United States – and more than 60% of net job creation over the past 25 years.
WASHINGTON, DC – Today, U.S. Representative Craig (D-MN) helped pass annual funding legislation that includes several key priorities designed to support constituents in Minnesota's Second Congressional District. The package, which includes seven appropriations bills for federal agencies across government, will direct funds toward a number of Craig's requested priorities for working Minnesotans, including infrastructure spending, mental health care programs and economic recovery efforts.
WASHINGTON, DC – Today, U.S. Representatives Angie Craig (D-MN), Roger Williams (R-TX), Chrissy Houlahan (D-PA), and Dean Phillips (D-MN) led more than 200 of their House colleagues in a bipartisan letter to Administrator Isabel Guzman of the Small Business Administration urging immediate action to stabilize and improve the Shuttered Venue Operators Grant (SVOG) program, which provides emergency assistance grants to venues that were unable to operate during the COVID-19 pandemic.
WASHINGTON, DC – Today, U.S. Representative Angie Craig cosponsored H.R.3807, the Restaurant Revitalization Fund Replenishment Act, which would provide $60 billion to replenish the Restaurant Revitalization Fund (RRF) – a program designed to support local bars, restaurants and eateries that were impacted by COVID-19.
WASHINGTON, DC – Today, U.S. Representatives Angie Craig (D-MN), Earl Blumenauer (D-OR), Brian Fitzpatrick (R-PA) and Nicole Malliotakis (R-NY) led 100 of their colleagues in a bipartisan letter to House leadership pushing for replenishment of the Restaurant Revitalization Fund (RRF) program to meet current demand.
WASHINGTON, DC — Today, in a House Small Business Committee hearing, U.S. Representative Angie Craig questioned Isabel Guzman, Administrator of the U.S. Small Business Administration (SBA) on the status of the Restaurant Revitalization Fund (RRF) – a grant program designed to support local bars and restaurants that Craig successfully included in the American Rescue Plan earlier this year.