evidence: Today, President Biden will visit the Wisconsin Black Chamber of Commerce to highlight how Bidenomics is helping drive a Black small businesses boom and announce new investments in Milwaukee and communities across the country. Under President Biden’s leadership, the United States is on track to have the three strongest years in history for new small business applications, and with Black business ownership growing at the fastest pace in 30 years. [...] Small businesses like Hero Plumbing are the backbone of the U.S. economy, creating jobs and opportunities in local communities. President Biden’s Investing in America agenda has driven historic gains in small business creation and entrepreneurship. Since taking office, Americans have filed a record 15 million applications to start new businesses. Black business ownership is growing at the fastest pace in 30 years, and the share of Black households owning a business has doubled between 2019 and 2022, after falling between 2007 and 2019. [...] Investing in local, community-led economic development and small businesses is critical to President Biden’s commitment to build the economy from the middle out and the bottom up, not the top down. Milwaukee has seen an economic comeback under President Biden, with the share of the Black population employed reaching a more than decade high and new business applications up nearly 70%.