A $6 million manufacturer, a five-person carbon capture start-up, and a 70-person medical device company. On Monday, the President met with the leaders of these small businesses and 100 more like them to discuss the economy and the President’s commitment to small business success.
Organized by the National Small Business Association (NSBA), the group at the White House flew in from over 20 states and represented a broad cross-section of industries. The typical small business owner in the room employed 50 people, generating around $10 million in annual revenue.
As Alan Krueger, the Chairman of the Council of Economic Advisers, wrapped up his remarks on the state of the economy, the President stopped by for a surprise visit.
According to Todd McCracken, President and CEO of NSBA, the small business leaders were “delighted with the event and the President’s visit. He had a great deal of comfort with a broad range of issues that affect small businesses, from economic and tax issues to the specifics about things such as patent policy and small business innovation funds.”