Biden Administration Announces $50M Investment into 10,000+ Small Businesses and Stronger Support for Rural and Underserved Communities
• White House announcing $50M American Rescue Plan investment into 10,000+ small businesses • Issuing $50B in small business loans this year, with increases for underserved businesses • New focus on strengthening partnerships to support and invest in rural businesses • Part of larger "Small Business Saturday" thread celebrating and supporting small businesses • President Biden and VP Harris emphasizing importance of shopping small and supporting local communities