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Statistics Show Challenges Micro Businesses Face

Last May, the Center's REAP Hispanic Business Specialist Imelda Catalan joined me at the Association for Enterprise Opportunity (AEO) Conference in New Orleans. AEO is the nation’s leading voice for micro enterprise development, serving the needs of micro entrepreneurs who lack access to traditional sources of business education or capital. Several important items caught our attention. We learned that 8,000 micro businesses get declined by financial institutions daily in the United States.

Change Is Needed for the Ella’s of Our World

I became a first-time grandfather last September to a tiny cutie named Ella. Her entry into this world was supposed to be in November. Her first three weeks were spent in a neonatal intensive care unit. Seeing her fighting to thrive in this world was quite an emotional ordeal.

When I see Ella’s smiling face, it gives me warm, fuzzy feelings. If you have children and grandchildren, you know what I mean. But it also makes me think about what our children will face in the coming decades. 

Groundbreaking Rule Will Limit Carbon Emissions

Every year, our nation’s fossil fuel-fired power plants dump 2.4 billion tons of carbon emissions into our air, accounting for 40% of our nation’s carbon footprint. Carbon dioxide is a known heat-trapping gas and one of the leading causes of climate change. The U.S. has set limits on other harmful emissions like arsenic, mercury, sulfur, lead, and cyanide, but astonishingly, there are no limits for carbon emissions.

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