Press Releases

For press inquiries, contact Sarah Crozier at sarah@mainstreetalliance.org.

Small Biz COVID ACTION ALERT - Small Biz Need Grants Not Loans

Members of Congress are debating what is in the stimulus package for small business this week! We have an urgent action alert for you!


What’s The Update:

The Senate and House have competing economic stimulus plans. One, from Senate Republicans is all loans for small businesses ($300 Billion), and even more loans and no accountability for corporations. The other, from House Democrats, gets closer to what we need with over $500 Billion in a combination of grants and forgivable loans, but is nowhere near big enough. Politico has a good breakdown.

What We’re Fighting For:

Small businesses need grants, not loans to get through this crisis. Loans will mean more layoffs, as small businesses can’t afford to take on any debt. To Keep Main Street Working we need to get as loud as possible on #GrantsNotLoans.

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Keep Main Street Working

Our livelihoods in this country are tied to employment. When jobs are on the lines, so are the essential benefits working families need to survive: health care, sick days, income. We must immediately stabilize workers and employers in impacted industries by providing direct subsidies to small and mid-sized employers for the purpose of maintaining their workforce at full pay and continuing to provide health insurance and other essential benefits. This will minimize the potentially catastrophic economic impact of the COVID-19 crisis on our economy, stabilize individuals and families in their homes, and prevent a tidal wave of demand for unemployment insurance and emergency medical insurance that states may not be able to manage.

Small businesses need immediate cash flow assistance, and longer term payroll and health insurance subsidies.

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Small Biz Stimulus Needed Immediately, Senate Should Strengthen Emergency Bill

Washington, DCTo maintain our economy and small businesses through this public health and economic crisis we will need a combination of paid sick leave, longer term paid leave and significantly expanded unemployment insurance to provide workers the income they need in this unprecedented emergency. Immediate action is required.

We are glad to see HR 6021 the ‘Families First Coronavirus Response Act’’ advance to the Senate and urge passage. We look forward to working with the Senate and Administration to strengthen this bill and other measures to meet the crisis our small businesses, employees and country face.

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Families First Bill good first step, but there are still major gaps for small businesses

Small businesses still need urgent cash interventions 

Washington, DC- On the passage of HR 6021 the ‘Families First Coronavirus Response Act’’ in the House last night, Executive Director of the Main Street Alliance Amanda Ballantyne had this to say:

“To maintain our economy and small businesses through this public health and economic crisis we will need a combination of paid sick leave, longer term paid leave and significantly expanded unemployment insurance to provide workers the income they need in this unprecedented emergency. Immediate action is required. We are glad to see the federal government taking action on these issues, with the passage of HR 6021 the ‘Families First Coronavirus Response Act’’ in the House last night.

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Seattle small business owners dramatically impacted by COVID-19, new data shows

Fresh Chalk, a Main Street Alliance ally and local tech entrepreneur has surveyed Seattle small business owners and found drastic measures are being considered across the business community in response to COVID-19.

See full release and data highlights below: 

Fresh Chalk Survey of Seattle Small Business Owners finds Dramatic Impact from COVID-19

 Risk of Cuts and Closure is High Across Sectors

Seattle, WA -- Fresh Chalk, a Seattle-based small business directory, today released results of a survey it conducted of Seattle-area small business owners on the impact of the COVID-19 pandemic on their bottom line.

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Urgent Policy Needs for Small Businesses During Coronavirus

See our FULL NEW Small Business and COVID-19 Website for these recommendations, resources and more:

Our understanding of the impacts of the COVID-19 pandemic on small business is rapidly evolving. These policy recommendations will continue to evolve as we learn more about the needs of our small business members, their employees, and their communities.


Policy Recommendations to Support Small Business


We are in unprecedented times. Many small business owners are working to keep their businesses solvent, and supporting their communities by following public health measures. This has resulted in reduced business hours, employee furloughs and layoffs, and decreased revenue across the board.

We need urgent action to reduce both the public health and economic impacts of COVID-19 on our local and national economies and potentially stave off a longer term economic crisis or recession. Immediate emergency actions must be taken across four major areas of policy:

  • Immediate Cash Flow Assistance for Impacted Small Business Owners
  • Unemployment Insurance and Other Income Supports
  • Affordable Healthcare & Emergency Measures to Protect Coverage
  • Earned Sick Leave and Paid Family and Medical Leave (PFML)

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Small Businesses Call on MN Legislature to Pass Statewide Paid Family and Medical Leave Insurance Pool Legislation

For Immediate Release
March 5th, 2020

Contact: Corinne Horowitz 
State Director, Main Street Alliance MN
corinne@mainstreetalliance.org (612) 232-1655

Minneapolis, MN - Ahead of the vote on Minnesota’s paid family and medical leave program (H.F. 5), small business owners and advocacy organizations are coming together to support the program and remind legislators why a comprehensive paid leave social insurance program will support Minnesota’s small businesses.

As small businesses and business organizations across the state, we know business owners and employees alike experience the need for time to recover from a serious illness, care for a sick loved one, or welcome a new child. Protecting such time is good for business. It strengthens talent recruitment, boosts employee morale, and increases productivity. Most small businesses lack the scale and capital to offer and administer paid leave on their own. A state-wide policy like HF 5 will level the playing field for small businesses across the state.

Statements of Support for Paid Family and Medical Leave:

 

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Why the consumer bureau’s independence matters to small businesses

Small businesses will be greatly affected if the Supreme Court hamstrings the CFPB

Washington, DC -  The Supreme Court will hear oral arguments this week on the very structure of one of the most important consumer protection agencies in the government. Typically, many think of consumers as customers, and the public, but as small business owners and business press we still need to pay attention. What happens here could have huge impacts for financial capital for small businesses.

That’s why Main Street Alliance, along with many others, filed an amicus brief in support of the Consumer Financial Protection Bureau’s (CFPB) independence from undue political influence. Small businesses face many of the same financial challenges as do consumers, and benefit from the CFPB’s ability to efficiently take action to curb predatory or discriminatory financial activity.

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Main Street Business Victory - Lawsuit Compels Trump Administration to Commit to Finalize Protections Against Lending Discrimination

Coalition of Small Business Owners, Community Development Orgs Sued to Compel Compliance with Dodd Frank, and won.

Yesterday, in response to a legal challenge brought by two Main Street Alliance small business owners and community development organizations, the Trump administration and the CFPB has finally agreed in a settlement to stop ignoring its legal obligation to facilitate the enforcement of anti-discrimination laws that protect women-owned, minority-owned and small businesses from discriminatory financial institutions. This victory marks a milestone for addressing the credit barriers small business owners face across the country — particularly women and entrepreneurs of color

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Small Businesses need more policy discussion beyond taxes

Majority of small business owners say more customers would actually support their businesses

Washington, DC - With small businesses finally seeing some airtime in the Democratic Debate last night, Deputy Director for the Main Street Alliance Stephen Michael had this to say:

"Last night’s debate finally saw some discussion around small business policies. But focusing on the narrow issue of taxes, as framed by the moderators, cuts off discussion of the broader policies that would actually support small businesses. 

In framing their question, the NBC moderators characterized the Tax Cuts and Jobs Act as good for small businesses, when in fact consolidation, monopolization and giant corporations not paying their fair share of taxes, has meant small businesses are being squeezed in the marketplace and cut out of government support and access to capital. 

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