Hillary knows that we need to alleviate the burdens of starting and running a small business in America. It’s something she’s heard time and time again while listening to entrepreneurs and small-business owners on the trail.
Throughout the campaign, Hillary has visited with more than 100 entrepreneurs across the country to better understand the barriers that are holding them back today—and what solutions they need. She’s been able to incorporate those lessons into smart, sensible public policy proposals. Take a look:
Bike Tech in Cedar Falls, Iowa
Bike Tech is a small bicycle repair shop. Since its founding, Bike Tech has grown and evolved based on customer suggestions, the experiences of Bike Tech staff, and thoughts from their peers in the retail community.
A month into her campaign, Hillary hosted a roundtable at Bike Tech, where a group of entrepreneurs talked about the challenges of getting a business up and running—and how the hardship of balancing student loan debt and start-up costs.
Applying lessons from her visit to her small-business plan:
- Cutting through red tape, because it shouldn’t take longer to start a small business in the United States than it does in Canada or Denmark. Hillary’s plan will offer state and local governments new federal incentives to cut excessive regulations and streamline unnecessary licensing to make it less costly for entrepreneurs to start a small business.
- Hillary’s plan also seeks to boost lending, by easing burdens for community banks and credit unions. The plan allows entrepreneurs to defer student loan payments with no interest while they get their ventures off the ground.