Small Business Week, 2010, 29393-29394 [2010-12755]

Download as PDF Federal Register / Vol. 75, No. 101 / Wednesday, May 26, 2010 / Presidential Documents 29393 Presidential Documents Proclamation 8525 of May 20, 2010 Small Business Week, 2010 By the President of the United States of America A Proclamation Small business owners embody the spirit of entrepreneurship and strong work ethic that lie at the heart of the American dream. They are the backbone of our Nation’s economy, they employ tens of millions of workers, and, in the past 15 years, they have created the majority of new private sector jobs. During Small Business Week, we reaffirm our support for America’s small businesses and celebrate the proud tradition of private enterprise they represent. Our Nation is still emerging from one of the worst recessions in our history, and small businesses were among the hardest hit. From mom-and-pop stores to high tech start-ups, countless small businesses have been forced to lay off employees or shut their doors entirely. In these difficult times, we must do all we can to help these firms recover from the recession and put Americans back to work. Our Government cannot guarantee a company’s success, but it can help create market conditions that allow small businesses to thrive. My Administration is committed to helping small businesses drive our economy toward recovery and long-term growth. The American Recovery and Reinvestment Act has supported billions of dollars in loans and Federal contracts for small businesses across the country. The Affordable Care Act makes it easier for small business owners to provide health insurance to their employees, and gives entrepreneurs the security they need to innovate and take risks. We have also enacted new tax cuts and tax credits for small firms. Still, we must do more to empower these companies. In this year’s State of the Union address, I proposed creating a $30 billion lending fund to help increase the flow of credit to small businesses, and I call on the Congress to pass this legislation quickly. My Administration is also working to extend and enhance Small Business Administration programs that have helped small business owners acquire loans and hire workers. wwoods2 on DSK1DXX6B1PROD with PRESDOCS This week, we celebrate the role of entrepreneurs and small businesses in our national life. They are the engine of our prosperity and a proud reflection of our character. A healthy small business sector will give us vibrant communities, cutting-edge technology, and an American economy that can compete and win in the 21st century. NOW, THEREFORE, I, BARACK OBAMA, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim May 23 through May 29, 2010, as Small Business Week. I call upon all Americans to recognize the tremendous contributions of small businesses to our Nation with appropriate programs and activities. VerDate Mar<15>2010 07:51 May 25, 2010 Jkt 220001 PO 00000 Frm 00001 Fmt 4790 Sfmt 4790 E:\FR\FM\26MYD2.SGM 26MYD2 29394 Federal Register / Vol. 75, No. 101 / Wednesday, May 26, 2010 / Presidential Documents IN WITNESS WHEREOF, I have hereunto set my hand this twentieth day of May, in the year of our Lord two thousand ten, and of the Independence of the United States of America the two hundred and thirty-fourth. [FR Doc. 2010–12755 Filed 5–25–10; 8:45 am] VerDate Mar<15>2010 07:51 May 25, 2010 Jkt 220001 PO 00000 Frm 00002 Fmt 4790 Sfmt 4790 E:\FR\FM\26MYD2.SGM 26MYD2 OB#1.EPS</GPH> wwoods2 on DSK1DXX6B1PROD with PRESDOCS Billing code 3195–W0–P

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[Federal Register Volume 75, Number 101 (Wednesday, May 26, 2010)]
[Presidential Documents]
[Pages 29393-29394]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-12755]




                        Presidential Documents 



Federal Register / Vol. 75, No. 101 / Wednesday, May 26, 2010 / 
Presidential Documents

[[Page 29393]]


                Proclamation 8525 of May 20, 2010

                
Small Business Week, 2010

                By the President of the United States of America

                A Proclamation

                Small business owners embody the spirit of 
                entrepreneurship and strong work ethic that lie at the 
                heart of the American dream. They are the backbone of 
                our Nation's economy, they employ tens of millions of 
                workers, and, in the past 15 years, they have created 
                the majority of new private sector jobs. During Small 
                Business Week, we reaffirm our support for America's 
                small businesses and celebrate the proud tradition of 
                private enterprise they represent.

                Our Nation is still emerging from one of the worst 
                recessions in our history, and small businesses were 
                among the hardest hit. From mom-and-pop stores to high 
                tech start-ups, countless small businesses have been 
                forced to lay off employees or shut their doors 
                entirely. In these difficult times, we must do all we 
                can to help these firms recover from the recession and 
                put Americans back to work. Our Government cannot 
                guarantee a company's success, but it can help create 
                market conditions that allow small businesses to 
                thrive.

                My Administration is committed to helping small 
                businesses drive our economy toward recovery and long-
                term growth. The American Recovery and Reinvestment Act 
                has supported billions of dollars in loans and Federal 
                contracts for small businesses across the country. The 
                Affordable Care Act makes it easier for small business 
                owners to provide health insurance to their employees, 
                and gives entrepreneurs the security they need to 
                innovate and take risks. We have also enacted new tax 
                cuts and tax credits for small firms. Still, we must do 
                more to empower these companies.

                In this year's State of the Union address, I proposed 
                creating a $30 billion lending fund to help increase 
                the flow of credit to small businesses, and I call on 
                the Congress to pass this legislation quickly. My 
                Administration is also working to extend and enhance 
                Small Business Administration programs that have helped 
                small business owners acquire loans and hire workers.

                This week, we celebrate the role of entrepreneurs and 
                small businesses in our national life. They are the 
                engine of our prosperity and a proud reflection of our 
                character. A healthy small business sector will give us 
                vibrant communities, cutting-edge technology, and an 
                American economy that can compete and win in the 21st 
                century.

                NOW, THEREFORE, I, BARACK OBAMA, President of the 
                United States of America, by virtue of the authority 
                vested in me by the Constitution and the laws of the 
                United States, do hereby proclaim May 23 through May 
                29, 2010, as Small Business Week. I call upon all 
                Americans to recognize the tremendous contributions of 
                small businesses to our Nation with appropriate 
                programs and activities.

[[Page 29394]]

                IN WITNESS WHEREOF, I have hereunto set my hand this 
                twentieth day of May, in the year of our Lord two 
                thousand ten, and of the Independence of the United 
                States of America the two hundred and thirty-fourth.
                
                
                    (Presidential Sig.)

[FR Doc. 2010-12755
Filed 5-25-10; 8:45 am]
Billing code 3195-W0-P