NEW YORK, NY – On Monday, August 8, SBA Associate Administrator Jennifer Kim, who leads the U.S. Small Business Administration’s 68 district and 10 regional offices throughout the nation and their delivery of programs and services, joined by Atlantic Regional Administrator Marlene Cintron and SBA New York leadership in Manhattan for visits to several small businesses and a roundtable with local stakeholders.
The federal officials’ visits to four small businesses highlighting the positive impact that President Biden’s American Rescue Plan Act has had not only on local economies but also the smallest of the small businesses. Associate Administrator Kim, the first woman of color and first Asian-American to lead the agency’s Office of Field Operations and Regional Administrator Cintron heard entrepreneurs share their stories of perseverance, pivoting, and recovery by use of SBA programs and resources. The open dialogue also encouraged thoughts and ideas to achieve a Biden-Harris Administration priority: better improve access to capital for the smallest of small firms, including those located in underserved communities.
“The SBA is uniquely positioned to help small businesses grow and thrive. I am looking forward to visiting Manhattan and getting to know more entrepreneurs in our communities. The SBA provided over $84.4 billion to Metro New York small business owners through our pandemic recovery programs. Today, it’s our shared priority with the Biden White House to continue serving those businesses as well as expand our outreach to entrepreneurs in underserved communities. I’m delighted to hear first-hand about the results of our work and engage with stakeholders to build a more just and resilient small business ecosystem,” Associate Administrator Kim said.
“We are excited to greet Associate Administrator Kim in Chinatown on Monday and to participate in a dynamic conversation about our shared mission to support small business owners in New York City,” said Jessie Lee, managing director of Renaissance Economic Development Corporation, an SBA Microlender. “Emergency funding from the Small Business Administration helped save many Chinatown businesses, who were first to feel the devastating impacts of the pandemic. We’re looking forward to a productive dialogue about the lessons learned during the past two years.”
This will be Kim’s first official visit to New York City in her federal capacity. She attended graduate school at Columbia University’s School of International and Public Affairs and previously worked for now-New York State Senator John Liu as well as former Comptroller Scott M. Stringer.
Read about the news coverage in Chinese:
Singtao Daily: https://bit.ly/3BZadGr