[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 [www.gpo.gov]
[FR Doc No: 2021-24119]


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  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.
                
                
                    (Presidential Sig.)

[FR Doc. 2021-24119
Filed 11-2-21; 8:45 am]
Billing code 3395-F2-P