A Proclamation on Nationwide Entrepreneurship Month, 2021


On daily basis, American entrepreneurs mix ardour, resilience, and ingenuity to unravel onerous issues and create merchandise and companies that enhance our lives.  American entrepreneurs create and scale new applied sciences, merchandise, and companies.  They construct companies and, in some circumstances, whole industries.  Their work helps develop our economic system, creates good jobs, and will increase our prosperity.  Entrepreneurs have repeatedly risen to fulfill our Nation’s and our world’s advanced challenges, and through Nationwide Entrepreneurship Month, we rejoice our Nation’s entrepreneurs — each previous and current — who exemplify the American spirit and acknowledge their necessary contributions to our folks, our economic system, and the world.

The COVID-19 pandemic has posed historic challenges to our nation and our Nation’s entrepreneurs.  Many companies closed, and major streets turned quiet.  Regardless of these setbacks, American entrepreneurs confirmed unimaginable fortitude, discovering progressive and efficient methods to adapt their companies as we combat a once-in-a-century disaster.  To assist our Nation’s companies and entrepreneurs recuperate through the pandemic, my Administration ensured that almost $300 billion in forgivable Paycheck Safety Program loans went to our smallest companies, with greater than 95 % going to companies with lower than 20 staff, and supplied over $28 billion in help to over 100,000 companies by means of the Restaurant Revitalization Fund.  Within the midst of the financial disruption attributable to the pandemic, People began greater than 4 million companies final 12 months, a 24 % improve from the 12 months earlier than — the best variety of month-to-month enterprise purposes on report — and start-up charges rising essentially the most amongst immigrants and Black, Latino, and Asian, Native Hawaiian, and Pacific Islander People.  That is necessary for our future success, as small companies are the engines of our financial progress — and the guts and soul of our communities. 

My Administration is dedicated to supporting all of our Nation’s entrepreneurs to make sure that they will proceed to play a key position in strengthening our economic system and our society for years to come back.  My Administration’s Construct Again Higher framework will ship on the essential infrastructure investments that type the inspiration for fulfillment for entrepreneurs throughout the nation.  From investing in common, reasonably priced broadband to creating the largest-ever Federal investments in public transit, passenger rail, and bridges, we’ll reinvigorate communities and their native economies.  My Administration’s framework may even present a lot wanted help for our entrepreneurs, together with new mortgage and enterprise capital packages focusing on the smallest companies, small producers, clear vitality start-ups, and others, in addition to investing in childcare, well being care, and workforce improvement.  We may even present extra help to companies searching for to take part within the lots of of billions of {dollars} that the Federal Authorities spends every year in procuring items and companies and investing in analysis and improvement.  My Administration will absolutely implement the $10 billion State Small Enterprise Credit score Initiative, which can permit States to arrange new small enterprise mortgage and enterprise capital packages, established by the American Rescue Plan. 

Collaboration amongst entrepreneurs, innovators, and the general public sector has led to among the most necessary applied sciences and industries on the planet, together with mobile communication, vitality storage, agricultural know-how, and superior manufacturing.  My Administration is proud to help entrepreneurs and innovators all through this nation — from the hardworking men and women who begin a enterprise to fulfill the wants of their communities to the visionaries who try to vary the world.  Collectively, we’re companions in fixing challenges large and small, world and native — and can work to extend American competitiveness world wide and meet the challenges of the twenty first century. 

NOW, THEREFORE, I, JOSEPH R. BIDEN JR., President of the USA of America, by advantage of the authority vested in me by the Structure and the legal guidelines of the USA, do hereby proclaim November 2021 as Nationwide Entrepreneurship Month.  I name upon all People to commemorate this month with applicable packages and actions and to rejoice November 16, 2021, as Nationwide Entrepreneurs’ Day.

IN WITNESS WHEREOF, I’ve hereunto set my hand this twenty-ninth day of October, within the 12 months of our Lord two thousand twenty-one, and of the Independence of the United States of America the 2 hundred and forty-sixth.



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