[Federal Register Volume 88, Number 212 (Friday, November 3, 2023)]
[Presidential Documents]
[Pages 75461-75462]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-24499]




                        Presidential Documents 



Federal Register / Vol. 88, No. 212 / Friday, November 3, 2023 / 
Presidential Documents

[[Page 75461]]


                Proclamation 10664 of October 31, 2023

                
National Entrepreneurship Month, 2023

                By the President of the United States of America

                A Proclamation

                Whether they are running family restaurants or opening 
                new factories, American entrepreneurs create businesses 
                that are the heart and soul of our communities. This 
                National Entrepreneurship Month, we honor the job 
                creators, business owners, and daring innovators who 
                remind us of the promise of the American Dream.

                When I first took office, the American economy was 
                reeling. Small businesses across the Nation were being 
                crushed. Hundreds of thousands of storefronts were 
                closed for good, and millions more were hanging on by a 
                thread. But over the past few years, our economic plan 
                has unlocked extraordinary opportunities for 
                entrepreneurs. In my first 2 years in office, we saw a 
                record 10.5 million new business applications--the most 
                ever recorded in a 2-year period in American history. 
                Asian American-, Black-, and Latino-owned businesses 
                are seeing faster creation rates today than they have 
                in years. The economy has created nearly 14 million new 
                jobs. Our entrepreneurs form the backbone of our 
                Nation's economy, and I remain committed to making sure 
                they have the resources they need to succeed.

                As my Administration implements historic legislation 
                that is transforming our economy, we are working to 
                ensure entrepreneurs reap the benefits. My 
                Administration is leveraging American Rescue Plan funds 
                to provide billions of dollars of capital and technical 
                support to small businesses across the country so they 
                can start and scale their businesses in high-growth, 
                high-wage industries. We are also investing in small 
                disadvantaged businesses to provide fair opportunities 
                to entrepreneurs from underserved and underrepresented 
                communities who have historically been left behind, 
                including through the Minority Business Development 
                Agency, which was made permanent through the Bipartisan 
                Infrastructure Law. Last year, the Federal Government 
                awarded a record $162.9 billion in contracts to small 
                businesses, and $69.9 billion of that investment went 
                to small disadvantaged businesses. In addition, the 
                Small Business Administration has supported over $4 
                billion in loans to Black-owned and Latino-owned small 
                businesses, marking significant increases from 2020. 
                Through the CHIPS and Science Act, we are making 
                strategic, localized investments to drive technology- 
                and innovation-centric growth and create good jobs for 
                American workers from all backgrounds. The Inflation 
                Reduction Act is cutting health insurance and energy 
                costs for entrepreneurs, doubling research-and-
                development tax credits for small businesses, and 
                incentivizing manufacturers to use American suppliers.

                Our entrepreneurs are models of drive, resilience, and 
                determination--the very virtues that built America. 
                From small towns to big cities, these dreamers and 
                doers are the glue that holds our communities together 
                and the fuel that propels our Nation forward. As 
                President, I recognize the critical contributions that 
                our Nation's entrepreneurs make, and I remain committed 
                to giving them the support they need to thrive.

                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 2023

[[Page 75462]]

                as National Entrepreneurship Month. I call upon all 
                Americans to commemorate this month with appropriate 
                programs and activities and to celebrate November 21, 
                2023, as National Entrepreneurs' Day.

                IN WITNESS WHEREOF, I have hereunto set my hand this 
                thirty-first day of October, in the year of our Lord 
                two thousand twenty-three, and of the Independence of 
                the United States of America the two hundred and forty-
                eighth.
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                    (Presidential Sig.)

[FR Doc. 2023-24499
Filed 11-2-23; 8:45 am]
Billing code 3395-F4-P