Michigan Business Beat | Laketa Henderson, SBA Michigan - Hosting Leadership & Made in America...

Chris Holman welcomes back Laketa L. Henderson, SBA Michigan District Director, Detroit, MI. SBA has had a busy July in Michigan. Tell us about the two visits by SBA leadership? SBA is very focused on supporting manufacturers with its Made in America Manufacturing Initiative. What is the latest with this initiative? Share some highlights from 2025 so far for SBA? Besides the Made in America Manufacturing Initiative, what other focus will keep you busy the rest of 2025? » Visit MBN website: www.michiganbusinessnetwork.com/ » Subscribe to MBN’s YouTube: www.youtube.com/@MichiganbusinessnetworkMBN » Like MBN: www.facebook.com/mibiznetwork » Follow MBN: twitter.com/MIBizNetwork/ » MBN Instagram: www.instagram.com/mibiznetwork/ SBA Announces Made in America Manufacturing Initiative Effort will cut $100B in regulation, expand access to capital and create dedicated infrastructure to support blue-collar boom Published on March 10, 2025 WASHINGTON — Today, U.S. Small Business Administration Administrator Kelly Loeffler announced the agency’s new Made in America Manufacturing Initiative to restore American economic dominance and national security by empowering small manufacturers. The agency’s effort will support President Trump’s agenda to create good-paying jobs, secure our supply chains, promote fair trade, and bring back the blue-collar boom of his first Administration. About 99% of American manufacturers are small businesses, who are already experiencing a resurgence under the President’s pro-growth agenda. The country gained 10,000 manufacturing jobs during his first full month in office — a swift turnaround after losing an average of 9,000 manufacturing jobs per month in the final year of the previous Administration. “The great American comeback starts with restoring American industry,” SBA Administrator Kelly Loeffler said. “With the Made in America Manufacturing Initiative, we’re slashing red tape, expanding access to capital, and fueling a manufacturing resurgence that will create high-paying jobs and revitalize communities across the country. By prioritizing American-made products, we’re not just securing our economic dominance — we’re protecting our national security by ensuring the essential goods we rely on are produced right here at home. SBA’s initiative is a promise to every hardworking American and small business owner: We’re putting American jobs and strength first.” # # # About the U.S. Small Business Administration The U.S. Small Business Administration helps power the American dream of entrepreneurship. As the leading voice for small businesses within the federal government, the SBA empowers job creators with the resources and support they need to start, grow, and expand their businesses or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.