WASHINGTON, Sept. 3 -- The U.S. Department of the Treasury issued the following news release:

Small businesses have created over 70 percent of net new jobs since 2019, and the United States is averaging 430,000 new business applications per month in 2024, 50 percent more than in 2019

Through programs like the State Small Business Credit Initiative and Emergency Capital Investment Program, the Biden-Harris Administration has made access to capital a top priority

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