05/30/2026
Democrats have supported small businesses in America through targeted legislative programs, massive pandemic-era relief, infrastructure investments, and tax credits.
Key initiatives and policies include:
Pandemic and Economic Relief: Democrats championed the American Rescue Plan and negotiated the CARES Act, delivering hundreds of billions to small businesses through the Paycheck Protection Program (PPP), the Restaurant Revitalization Fund, and the Shuttered Venue Operators Grant to prevent business closures.
Access to Capital: They extended and expanded the State Small Business Credit Initiative, which provides billions in funding for community lenders to offer loans to underserved entrepreneurs, particularly women and minority-owned businesses.
Clean Energy Tax Incentives: The Inflation Reduction Act provides extensive Credits and Deductions for small businesses to offset the costs of installing energy-efficient upgrades, commercial clean vehicles, and renewable energy systems.
Small Business Innovation: By extending the SBIR and STTR programs, Democrats secured vital "seed fund" grants aimed at startups and small businesses engaged in cutting-edge research and technology.
SBA Counseling and Resources: They consistently fund the SBA Learning Center and networks of local resource partners (like SCORE, Womenโs Business Centers, and Veterans Business Outreach Centers) which provide free or low-cost training and mentorship to millions of entrepreneurs.
https://www.jec.senate.gov/public/index.cfm/democrats/2024/6/small-business-growth-rising-faster-under-biden-and-democrats-than-trump