The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.
The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.
Adam Braun, founder ofÂ Pencils of Promise, is giving nonprofits a no-nonsense way to bring entrepreneurship to the next level. Pencils of Promise is a philanthropic organization that focusesÂ on forming sustainable educational programs, and forging long-lasting, partnerships with communities. The organization aims to increase access to quality education and impact students and their families in high-need communities throughout Laos, Ghana and Guatemala.