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Raising Awareness of the Issues Impacting Microbusinesses and Underserved Entrepreneurs

AEO Newsroom

Our Communications team works with media and digital partners to bring awareness of issues that impact microbusinesses and underserved entrepreneurs into the national conversation.

If you are a reporter on deadline please contact [email protected].

Policy News


Policy News – September 22, 2020

Policy News – September 22, 2020

It's National Small Business Week! The Small Business Administration will hold a virtual conference on recovery, adaptation, and innovation this week to celebrate the nation's 30 million small businesses. Yesterday, SBA Administrator Jovita Carranza is set to announce...

Policy News – September 16, 2020

Policy News – September 16, 2020

This month, the chamber is scheduled to vote on several key bills that include decriminalizing marijuana at the federal level and boosting clean energy development, among others. Last week, the Senate GOP's $650 billion "skinny" recovery bill was shot down in a...

Policy News – September 9, 2020

Policy News – September 9, 2020

The Senate is back in Washington this week, carrying the hope of reaching an agreement on another coronavirus stimulus deal, dubbed the "skinny" package. The bill would include an extension of PPP and more enhanced unemployment money for schools and daycare. Other...

Policy News – August 18, 2020

Policy News – August 18, 2020

On Saturday, August 22, the House vote on Democrat sponsored legislation will be take place. The legislation will provide additional funding to the U.S. Postal Service. This legislation is expected to include $25 billion in funding and block operational changes that...

Policy News – August 6, 2020

Policy News – August 6, 2020

Reminder! The deadline to apply for a Paycheck Protection Program loan is August 8, 2020. On Tuesday morning, Visa released a Back to Business study to explore the impacts of COVID-19 and help provide solutions to small and medium-sized businesses. Entrepreneurs and...

Policy News – July 29, 2020

Policy News – July 29, 2020

On Monday, Capitol Hill said goodbye to the Honorable John Lewis (D-Ga.). The late Congressman was lain in state under the Capitol Rotunda — the first Black member with that honor — as hundreds of his colleagues paid respects. On the small business front, Senator...

Policy News – July 22, 2020

Policy News – July 22, 2020

Last Friday, the House Committee on Small Business held a hearing entitled, "Oversight of the Small Business Administration and Department of Treasury Pandemic Programs" to hear from Steven Mnuchin, Secretary of the U.S. Treasury (Treasury), and Jovita Carranza, the...

Policy News – July 15, 2020

Policy News – July 15, 2020

The House Committee on Financial Services held a virtual hearing titled, "Access Denied: Challenges for Women- and Minority-Owned Businesses Accessing Capital and Financial Services During the Pandemic." Key witnesses include Ron Busby Sr., President and CEO of the...

Policy News – July 8, 2020

Policy News – July 8, 2020

Last week, the Congress passed legislation to extend the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) loan application period through August 8, 2020. The extension measure was signed into law by the president over the weekend. To date, the...

Policy News – July 1, 2020

Policy News – July 1, 2020

The window for Paycheck Protection Program (PPP) closed yesterday, June 30, 2020.  As of Monday evening, the program had about $134 billion in available liquidity remaining. To view the PPP approvals report through June 27,2020, click here.  the Department of Labor...

Press Releases


AEO in the News


 

The Innovation Meets MainStreet Grant, a partnership between AEO and LISC powered by Fifth Third Bank, was created to help black-owned women businesses impacted by the COVID-19 and civil unrest. The deadline to apply is Today, Wednesday, Sep. 23. Apply: bit.ly/3cq1gY1 pic.twitter.com/wDerC8KiOL

About 4 days ago from AEO's Twitter via Hootsuite Inc.

Industry News – September 22, 2020

Thasunda Duckett Named First Black Woman On JPMorgan Operating Committee JPMorgan announced that Chief Executive Officer of Chase Consumer Banking, Thasunda Duckett, will be the first African-American named to the firm’s Operating Committee in the biggest expansion of...

Industry News – September 16, 2020

Second Annual National Support Latino Business Day on September 14, 2020 One day in advance of Hispanic Heritage Month, the community day of action is dedicated to highlighting the significant contributions of the Latino/x business community by shopping, celebrating...

Industry News – September 9, 2020

BoA Backs Black-Owned Banks in $300 Million Equality Drive The second-largest U.S. lender took equity stakes of about 5% in three Black or Latinx owned depository institutions. Bank of America also is in talks with other lenders owned by African Americans and...

Industry News – September 1, 2020

Small-Business Failures Loom as Federal Aid Dries Up The United States faces a wave of small-business failures this fall if the federal government does not provide a new round of financial assistance — a prospect that economists warn would prolong the recession, slow...

Industry News – August 26, 2020

71% of Microbusiness Owners Expect to Recover From COVID-19 Financial Hit Within a Year Revenue is down for 75% of small businesses, but business owners are equally confident that recovery will happen within a year, according to a new survey by GoDaddy. The "2020...

Industry News – August 19, 2020

Facebook Announces Paid Online Events for Small Business Recovery Facebook announced a way for small businesses, local businesses, creators and others to monetize events on Facebook. Facebook also announced that they would not collect any fees from the events held on...

Industry News – August 12, 2020

Opinion: Dismantling Structural Racism in Community Development Finance “Community Development Entities (CDEs) owned or led by Black, Indigenous, and other People of Color (BIPOC) have consistently fared worse in the fierce competition for access to the credits.” Read...

Industry News – August 6, 2020

U.S. Chamber of Commerce Warns of Racial Inequality for Small Businesses A new survey from the U.S. Chamber of Commerce and MetLife provided to Axios shows a 17-point increase in the number of small business owners who say entrepreneurs of color face more challenges...

Industry News – July 29, 2020

Bipartisan Duo Tries to Create Opening for Broader Small Business Coronavirus-Relief Program Senators Todd Young (R-IN), and Michael Bennet (D-CO), have teamed up to propose small businesses aid that takes a more targeted approach under consideration. Source: CNN...

Industry News – July 22, 2020

U.S. Department of Treasury Wants Credit Union to Repay $12 Million in CDFI Program Funds. The federal government wants OnPath Federal Credit Union to pay back more than $12 million it received from the Community Development Financial Institutions program that...