Statement from the Association for Enterprise Opportunity (AEO) on the Confirmation of Kelly Loeffler as Administrator of the Small Business Administration (SBA)
For Immediate Release
[email protected]
February 19, 2025
The Association for Enterprise Opportunity (AEO) congratulates Kelly Loeffler on her confirmation as Administrator of the U.S. Small Business Administration (SBA). As a leading voice supporting small businesses and entrepreneurs across the nation, AEO recognizes the critical role the SBA plays in fostering economic opportunity and ensuring that small businesses have access to the capital, resources, and technical assistance they need to succeed.
Administrator Loeffler’s appointment comes at a pivotal time for the nation’s small business ecosystem. Small businesses face persistent challenges, including limited access to capital, evolving market conditions, and the need for innovative support structures. AEO looks forward to working closely with Administrator Loeffler and the SBA to address these challenges and advance key priorities aligned with its mission:
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Expanding Access to Capital: Access to affordable capital remains a major challenge for many small businesses. AEO encourages the SBA to advance initiatives that provide funding opportunities for all American small businesses, ensuring that entrepreneurs have the financial resources they need to grow and succeed.
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Redefining Technical Assistance: As the landscape of entrepreneurship evolves, technical assistance models must keep pace. AEO is committed to collaborating with the SBA to develop innovative, scalable technical assistance programs that meet the needs of today’s entrepreneurs.
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Supporting the Entrepreneurial Workforce: The rise of self-employment and the entrepreneurial workforce requires responsive SBA programs. From gig workers to independent contractors, these entrepreneurs represent the future of work and deserve tailored support structures.
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Advancing Regional Collaboration: Regional economic development remains a cornerstone of sustainable growth. AEO is eager to partner with the SBA on initiatives that foster partnerships and leverage local ecosystems to support small businesses.
Quote from Natalie Madeira Cofield, President & CEO of AEO:
“Administrator Loeffler’s confirmation marks an important moment for America’s small businesses. At AEO, we believe that entrepreneurship is a critical pathway to economic opportunity. We look forward to working alongside Administrator Loeffler to expand access to capital, redefine technical assistance, and support the entrepreneurial workforce—ensuring that small businesses everywhere have the resources they need to grow and thrive.”