Setting Up Shop: Introducing Strive USA
NORTHAMPTON, MA | ACCESSWIRE | September 29, 2022 | The Mastercard Center for Inclusive Growth There''s been a historic jump in new businesses in recent years, according to data from the U.S. Census Bureau. A record 5.4 million applications for new businesses were filed with the IRS in 2021, exceeding the 4.4 million applications filed in 2020, which was also a record. Even with this spike in entrepreneurship, many American small businesses are still wrestling with the effects of a global pandemic, supply chain disruptions, staffing strains, economic volatility, sustained inflation, and more. To show up for America''s small businesses like they''ve been showing up for communities across the country, Mastercard is expanding one of its signature small business initiatives into new territory, setting up shop with Strive USA , a new effort under the Strive banner of global programs led by the Mastercard Center for Inclusive Growth . "Because small businesses are so essential to the U.S. economy, the barriers that stand in the way of their success also stand in the way of shared prosperity and inclusive growth," said Shamina Singh, founder and president of the Mastercard Center for Inclusive Growth. "The American spirit of entrepreneurship has endured through every challenge of the last few years.
Setting Up Shop: Introducing Strive USA
NORTHAMPTON, MA | ACCESSWIRE | September 29, 2022 | The Mastercard Center for Inclusive Growth There''s been a historic jump in new businesses in recent years, according to data from the U.S. Census Bureau. A record 5.4 million applications for new businesses were filed with the IRS in 2021, exceeding the 4.4 million applications filed in 2020, which was also a record. Even with this spike in entrepreneurship, many American small businesses are still wrestling with the effects of a global pandemic, supply chain disruptions, staffing strains, economic volatility, sustained inflation, and more. To show up for America''s small businesses like they''ve been showing up for communities across the country, Mastercard is expanding one of its signature small business initiatives into new territory, setting up shop with Strive USA , a new effort under the Strive banner of global programs led by the Mastercard Center for Inclusive Growth . "Because small businesses are so essential to the U.S. economy, the barriers that stand in the way of their success also stand in the way of shared prosperity and inclusive growth," said Shamina Singh, founder and president of the Mastercard Center for Inclusive Growth. "The American spirit of entrepreneurship has endured through every challenge of the last few years.