Self-Employment Assistance Expansion Advocacy Guide
Small businesses not only drive the economy and job growth, they also provide a pathway for business owners—particularly minorities, immigrants and the economically disadvantaged— to join America’s middle class. Business equity is second only to homeownership as a source of net worth. For that reason, advancing policies that support new business formation and low- and moderate-income entrepreneurs is a critical component of asset-building advocacy. In the current economic environment, these policies are even more important as entrepreneurship is, for many unemployed workers, the best opportunity to recover. Indeed, starting a business allows these individuals to create their own new jobs.
The federal Self-Employment Assistance (SEA) Program allows unemployed workers who are interested in entrepreneurship to receive unemployment insurance benefits while they get their businesses started and participate in training to help them succeed. Advocating for SEA can deliver new resources to the field through partnerships with state workforce and labor agencies, which often contract with microenterprise development organizations to provide training.
This brief is a step-by-step guide for the microenterprise and asset-building fields to use in advocating for their states to offer new expansions of the federal Self-Employment Assistance (SEA) Program.
Click here to download the brief.