For over 60 years, the Small Business Administration has celebrated Small Business Week to highlight the contributions of small and medium-sized businesses to the national economy. The Trump Administration marked this year’s Small Business Week celebration with a proclamation noting the benefits of its public policy initiatives, especially those pertaining to tariffs and deregulation. The proclamation, issued on May 5, 2025, promises that small businesses will benefit directly from the Trump Administration’s policy initiatives, which will result in increased access to capital, improved opportunities for public and private investment, and assistance exporting products on a global scale.

In this post, we look at current policy initiatives aimed directly at improving opportunities for small business contractors.