Karen Mills Quotes

Karen Mills — American Public Servant born on September 14, 1953,

Karen Gordon Mills served as the 23rd Administrator of the U.S. Small Business Administration. She was nominated by President-elect Barack Obama on December 19, 2008, confirmed unanimously by the Senate on April 2, 2009, and sworn in on April 6, 2009. During her tenure, her office was elevated to the rank of Cabinet-level officer, expanding her power on policy decisions and granting her access to cabinet meetings. On February 11, 2013 she announced resignation as Administrator and left the post on September 1, 2013. Since leaving the SBA, Mills has served as a Senior Fellow at both the Harvard Business School and the Harvard Kennedy School with a focus on U.S. competitiveness, entrepreneurship and innovation. She is the president of the investment firm MMP Group, Inc., is the vice chairman of the board of directors of the immigration services company VisaNow and a regular contributor to Fortune... (wikipedia)

It's not government that creates jobs; it's small business. Our job is to make sure they have the access to capital, the access to contracting opportunities, and the help, advice and mentoring that they need to go out and be successful.

Small businesses, you can give them capital, but what they often need as much is mentoring, advice and help with their business plan.

We are very much engaged across the government, very much engaged in streamlining and simplifying our activities with borrowers and lenders, because that saves time and saves costs and we believe we can do that while maintaining the same or increased levels of oversight and risk management.

As you probably know, half of the people who work in this country work for small businesses. And it's more than that, because two out of every three net new jobs come from small business. So we mean it when we talk about small business being the engine for the economy.

I think we've learned that the S.B.A. plays a critical role in providing access and opportunity when the market is not providing that access. We help banks get that money out into the hands of important and viable businesses, particularly those owned by minorities, women, immigrants and veterans.

Karen Mills Quotes

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