Lt. Gov. Austin Davis Spotlights Support for Small Businesses in Pennsylvania
The Shapiro-Davis administration is taking significant steps to bolster the small business sector in Pennsylvania, with Lt. Gov. Austin Davis actively championing these efforts. During a recent visit to the IDEA Center at the University of Scranton, Davis highlighted a range of initiatives aimed at enhancing the economic landscape for small businesses across the state.
Increased Funding for Business Assistance
An essential component of the administration’s plan is the increase in funding for the Historically Disadvantaged Business Assistance Program. The budget for 2026-27 includes a boost of $3.75 million, designed to provide greater support to businesses owned by minorities and other disadvantaged groups. This increase is part of a broader strategy to ensure that all small businesses have the resources they need to thrive.
Commitment to Economic Development
The administration’s focus on small businesses is part of a larger commitment to economic development throughout Pennsylvania. By supporting these enterprises, the state aims to create more jobs and foster a vibrant economy that benefits all residents. Lt. Gov. Austin Davis emphasized the importance of small businesses as the backbone of local communities and the state’s economy.
For more information on the Shapiro-Davis administration’s initiatives and how they are supporting small businesses, visit the PA Department of Community & Economic Development.
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