The U.S. Small Business Administration (SBA) has unveiled the Made in America Manufacturing Initiative, a sweeping effort to reduce regulatory burdens, expand financing options, and strengthen domestic manufacturing.
Announced last week, the initiative includes a plan to cut $100 billion in regulations through the SBA’s Office of Advocacy and the creation of a Red Tape Hotline for small business owners to report excessive regulations.
As part of President Donald Trump’s broader economic agenda, the initiative supports job creation and reshoring efforts, with tariffs used to incentivize investment in U.S. facilities. The administration has pushed companies across industries to expand domestic production despite market volatility in recent weeks.
Vice President JD Vance underscored this manufacturing push during a visit to a Vantage Plastics plant in Bay City, Michigan, on Friday—his first official trip to the state since the election. Touring the facility, Vance highlighted Trump’s progress in delivering a “great American comeback” and pledged support for manufacturers.
According to the Vice President, “We’re going to cut your taxes, we’re going to slash your regulations, and we’re going to reduce the cost of energy to build things right here in this country.”
Vance noted that in February, Trump’s first full month back in office, the U.S. added 10,000 manufacturing jobs, a reversal from last year’s losses, which averaged 10,000 manufacturing jobs per month.
The SBA’s Office of Advocacy, responsible for eliminating rules that burden small businesses, will spearhead regulatory cuts. More than 600,000 small manufacturers employ 4.8 million workers nationwide, with an annual payroll exceeding $277 billion.
Beyond deregulation, the administration aims to make it easier for businesses to access capital. The SBA is expanding its 504 loan program for real estate, construction, and equipment purchases, along with its 7(a) Working Capital Pilot program, which provides funding for inventory and export-related expenses. These programs operate without taxpayer funding.
“If you invest in America, in American jobs, in American workers, and in American businesses, you’re going to be rewarded,” Vance said.
