In 2023, the US faced numerous challenges, including bank collapses and Fed interest rate increases. Small businesses, which make up 99% of companies, experienced a record number of openings between 2021 and 2022. Despite these challenges, the US ranks as the most entrepreneurial country globally. The U.S. Chamber of Commerce reported growth in new business applications by state between July 2022 and July 2023. The Biden Administration announced new rules and programs to streamline eligibility for SBA loans. The SBA expanded its program to 17 non-bank lenders, marking the first time in four decades. Capital for small businesses is crucial, as 70% of surveyed owners find it difficult to access. A recent Gallup poll found that 85% of Americans report small businesses making a positive impact on people's lives. As 2023 ends, small businesses will fuel local communities, serve as economic foundations, and persist in innovation.