521 Dirksen Senate Office Building
Washington, DC 20510
Small businesses are the engine of the North Carolina economy, representing more than 98 percent of North Carolina's private sector employers and nearly half of our state's jobs. Senator Hagan, a member of the Senate Committee on Small Business and Entrepreneurship, believes it is essential to create a better climate for small businesses to create jobs and grow.
Senator Hagan is working to ensure that North Carolina's small businesses are supported - not hampered - by federal policy. Senator Hagan has travelled the state meeting with small business owners, and has seen firsthand the determination of North Carolina's small businesses. The U.S. Small Business Administration (SBA) must serve as a partner and advocate for the nation's small business owners, and Senator Hagan is committed to providing the resources necessary to allow the SBA to perform this vital role.
Access to credit is the lifeblood of any small business, and we must ensure that small business owners throughout North Carolina are able to acquire the capital they need to hire and retain employees, expand into new markets, and finance daily operations. Senator Hagan worked with her colleagues to pass the Small Business Jobs Act, which includes a lending fund, cosponsored by Hagan, that will get credit flowing to small business owners in North Carolina and across the country.
Senator Hagan believes we must provide opportunities for small businesses to compete for federal contracts, while providing targeted support for entrepreneurs from underrepresented communities looking to start and grow new businesses. And small businesses need to be able to compete internationally. By encouraging partnerships between North Carolina's vibrant banking sector and our state's innovative small business owners, Senator Hagan is working to make the North Carolina economy stronger and more competitive.
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