Presidential Document2021-24119
National Entrepreneurship Month, 2021
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
November 3, 2021
Signed
October 29, 2021
Issuing agencies
Executive Office of the President
Full Text
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<title>Federal Register, Volume 86 Issue 210 (Wednesday, November 3, 2021)</title>
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[Federal Register Volume 86, Number 210 (Wednesday, November 3, 2021)]
[Presidential Documents]
[Pages 60541-60542]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-24119]
Presidential Documents
Federal Register / Vol. 86, No. 210 / Wednesday, November 3, 2021 /
Presidential Documents
[[Page 60541]]
Proclamation 10300 of October 29, 2021
National Entrepreneurship Month, 2021
By the President of the United States of America
A Proclamation
Every day, American entrepreneurs combine passion,
resilience, and ingenuity to solve hard problems and
create products and businesses that improve our lives.
American entrepreneurs create and scale new
technologies, products, and services. They build
businesses and, in some cases, entire industries. Their
work helps grow our economy, creates good jobs, and
increases our prosperity. Entrepreneurs have repeatedly
risen to meet our Nation's and our world's complex
challenges, and during National Entrepreneurship Month,
we celebrate our Nation's entrepreneurs--both past and
present--who exemplify the American spirit and
recognize their important contributions to our people,
our economy, and the world.
The COVID-19 pandemic has posed historic challenges to
our country and our Nation's entrepreneurs. Many
businesses closed, and main streets became quiet.
Despite these setbacks, American entrepreneurs showed
incredible fortitude, finding innovative and effective
ways to adapt their businesses as we fight a once-in-a-
century crisis. To help our Nation's businesses and
entrepreneurs recover during the pandemic, my
Administration ensured that nearly $300 billion in
forgivable Paycheck Protection Program loans went to
our smallest businesses, with more than 95 percent
going to businesses with less than 20 employees, and
provided over $28 billion in support to over 100,000
businesses through the Restaurant Revitalization Fund.
In the midst of the economic disruption caused by the
pandemic, Americans started more than 4 million
businesses last year, a 24 percent increase from the
year before--the highest number of monthly business
applications on record--and start-up rates growing the
most among immigrants and Black, Latino, and Asian,
Native Hawaiian, and Pacific Islander Americans. This
is important for our future success, as small
businesses are the engines of our economic progress--
and the heart and soul of our communities.
My Administration is committed to supporting all of our
Nation's entrepreneurs to ensure that they can continue
to play a key role in strengthening our economy and our
society for years to come. My Administration's Build
Back Better framework will deliver on the crucial
infrastructure investments that form the foundation for
success for entrepreneurs across the country. From
investing in universal, affordable broadband to making
the largest-ever Federal investments in public transit,
passenger rail, and bridges, we will reinvigorate
communities and their local economies. My
Administration's framework will also provide much
needed support for our entrepreneurs, including new
loan and venture capital programs targeting the
smallest businesses, small manufacturers, clean energy
start-ups, and others, as well as investing in
childcare, health care, and workforce development. We
will also provide more support to businesses seeking to
participate in the hundreds of billions of dollars that
the Federal Government spends each year in procuring
goods and services and investing in research and
development. My Administration will fully implement the
$10 billion State Small Business Credit Initiative,
which will allow States to set up new small business
loan and venture capital programs, established by the
American Rescue Plan.
[[Page 60542]]
Collaboration among entrepreneurs, innovators, and the
public sector has led to some of the most important
technologies and industries in the world, including
cellular communication, energy storage, agricultural
technology, and advanced manufacturing. My
Administration is proud to support entrepreneurs and
innovators throughout this country--from the
hardworking women and men who start a business to meet
the needs of their communities to the visionaries who
strive to change the world. Together, we are partners
in solving challenges big and small, global and local--
and will work to increase American competitiveness
around the world and meet the challenges of the 21st
century.
NOW, THEREFORE, I, JOSEPH R. BIDEN JR., 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 November 2021
as National Entrepreneurship Month. I call upon all
Americans to commemorate this month with appropriate
programs and activities and to celebrate November 16,
2021, as National Entrepreneurs' Day.
IN WITNESS WHEREOF, I have hereunto set my hand this
twenty-ninth day of October, in the year of our Lord
two thousand twenty-one, and of the Independence of the
United States of America the two hundred and forty-
sixth.
<GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT>
(Presidential Sig.)
[FR Doc. 2021-24119
Filed 11-2-21; 8:45 am]
Billing code 3395-F2-P
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