Public Risk Management

The Role of Policymakers in Encouraging SMB Growth. The speaker is Nilesh Mehta Nilesh Mehta, Founder/CEO of Independent Bridge Consulting, talks about the non-partisan issue of monopolies, such as inflation, less innovation as well as a widening wealth gap. He shares the numerous opportunities to create wealth if the government would provide additional support for black, women and veteran-owned businesses. Looking ahead at the next twenty years, Nilesh describes the benefits of strengthening communities at the grassroots level as well as the detrimental effects if small and medium-sized businesses (SMB) continue to remain vulnerable and put under stress. SMB makeup 97%, therefore their stress is shared directly with their local communities’ tax base and infrastructure. Nilesh provides a few examples of how the government can help such as incentivizing businesses to bolster manufacturing.