National Entrepreneurship Month, 2020

Proclamation 10111 of October 30, 2020

National Entrepreneurship Month, 2020

By the President of the United States of America

A Proclamation

The United States is home to the most creative,
passionate, and talented minds anywhere in the world.
Throughout our history, we have pioneered revolutionary
innovations, and we continue to reach new heights in
business, science, and technology. During National
Entrepreneurship Month, we celebrate the determination
of those who strike out on their own to fuel our robust
economy.

American entrepreneurs employ more than 60 million
people nationwide and strengthen our communities with
their hard work and ingenuity. Since taking office, I
have cut onerous regulations at a historic rate, saving
these businesses nearly $50 billion in compliance
costs, unleashing the might of the American economy,
and empowering proud American business owners. When the
Government removes barriers to success, all Americans
benefit. For the first time in decades, deregulation is
saving small businesses from wasting precious hours on
regulatory compliance and creating a dynamic economic
landscape. Our policies have empowered entrepreneurs to
do what they do best: innovate, create, and succeed.

We must continue supporting our Nation's economic
success by preparing the next generation of American
workers for the jobs of today and tomorrow. That is why
I established the President's National Council for the
American Worker, which is engaging with companies to
invest in and develop programs for workplace education
and skills training and retraining. I encourage more
entrepreneurs to take the Pledge to America's Workers
and join the 450 companies and trade associations that
have already committed to providing more than 16
million education and training opportunities for
American students and workers. Additionally, the United
States-Mexico-Canada Agreement, which replaced the
outdated and unfair North American Free Trade
Agreement, is now in full effect, fulfilling my promise
to level the playing field for American businesses and
workers. This landmark agreement will help bring our
manufacturing jobs back home while ensuring that more
American innovators can run their businesses without
shipping jobs overseas.

Our Nation's entrepreneurs have also been at the heart
of our ongoing efforts to defeat the coronavirus.
Working with private-sector companies, my
Administration launched the largest industrial
mobilization since World War II. In addition to helping
to rapidly expand our Nation's testing capabilities and
to produce unparalleled levels of personal protective
equipment, many American innovators have been at the
forefront of developing safe vaccines and effective
therapeutics as quickly as possible. Entrepreneurs,
especially small business owners, are key to our
surging economy. That is why I pushed for and signed
the Coronavirus Aid, Relief, and Economic Security
(CARES) Act into law. This landmark legislation
provided $2.2 trillion to our great American workers,
businesses, and entrepreneurs. Under the CARES Act, the
Small Business Administration and the Department of the
Treasury approved 5.2 million Paycheck Protection
Program loans to help our entrepreneurs across the
country navigate the economic difficulties of this
pandemic.

This month, we recognize the bold spirit of America's
entrepreneurs who continue to prove that the American
dream is alive and more obtainable than ever before. As
we continue our great American comeback, we know that
these innovative men and women will remain at the
forefront of our efforts to create a brighter future
for our country.

NOW, THEREFORE, I, DONALD J. TRUMP, President of the
United States of America, by virtue of the authority
vested in me by the Constitution and the laws of the
United States, do hereby proclaim November 2020 as
National Entrepreneurship Month. I call upon all
Americans to commemorate this month with appropriate
programs and activities and to celebrate November 17,
2020, as National Entrepreneurs' Day.

IN WITNESS WHEREOF, I have hereunto set my hand this
thirtieth day of October, in the year of our Lord two
thousand twenty, and of the Independence of the United
States of America the two hundred and forty-fifth.