🛑 What This Means for Small Business
Even Less access to funding: Grants and low-interest loans may disappear.
Reduced business support: Mentorship and technical assistance programs could be cut.
Fewer opportunities: Capital Readiness Programs and other initiatives could vanish, making it harder to launch or scale businesses.
Many small business owners credit these programs for saving their businesses, securing funding, and leveling the playing field. Without them, entrepreneurs face a harsher road to success.
📢 Take Action: Speak Up NOW!
Let policymakers know that these resources are vital to small business success! Share your story and write a letter to your elected officials, urging them to protect these programs.
Whether they helped you secure funding, access mentorship, or expand operations, your experience matters. Personal stories make a powerful case for keeping these resources available to entrepreneurs like you.
Subject: Protect CDFIs & the Minority Business Development Agency (MBDA)
Dear [Elected Official’s Name],
I am writing to express my deep concern about the proposed funding cuts to the Community Development Financial Institutions (CDFI) Fund and the Minority Business Development Agency (MBDA). These programs are lifelines for small business owners like me, providing critical access to capital, mentorship, and resources that help us grow and succeed.
Through [CDFI/MBDA/another program], I was able to [share a brief personal story—how you secured funding, received business support, avoided closure, or expanded] . Without this support, my journey as an entrepreneur would have been significantly harder, if not impossible.
Small businesses are the backbone of our economy, and cutting these programs would disproportionately harm minority-owned businesses and those in underserved communities. Entrepreneurs like myself depend on these initiatives to access funding that traditional banks often deny us.
I urge you to stand with small businesses by protecting and fully funding the CDFI Fund and MBDA. Please do not let policy shifts eliminate essential resources that fuel job creation, innovation, and economic growth in our communities.
Thank you for your time and consideration. I appreciate your leadership in ensuring that small businesses continue to have the opportunities and support needed to thrive.
Sincerely,
[Your Name]
[Your Business Name]
[Your Address]
[Your Email]