Hearings
Building Sustainable Businesses through Employee Ownership at SBA
Tuesday, December 6, 2022 | 10:00 AM
The Committee on Small Business Subcommittee on Oversight, Investigations, and Regulations will hold a hybrid hearing titled: “Building Sustainable Businesses through Employee Ownership at SBA.” The hearing is scheduled to begin at 10:00 A.M. on Tuesday, December 6, 2022 in Room 2360 of the Rayburn House Office Building. Participating members can also join remotely via Zoom.
The hearing will allow Members to examine the challenges faced by employee-owned businesses in accessing affordable capital from the SBA, and SBA’s efforts to address those issues. The hearing will also provide Members the opportunity to receive feedback on two bills that aim to improve access to the Small Business Administration’s (SBA) 7(a) loan guarantee program for employee-owned firms. The measures are as follows: H.R. 9347, the “Main Street Employee Ownership 2.0 Act of 2022” and H.R. 9345, the “Improving SBA Engagement on Employee Ownership Act”. To view a livestream of the hearing, click here. Hearing Notice Hearing Memo Witnesses Ms. Mo Manklang Policy Director United States Federation of Worker Cooperatives Philadelphia, PA Testimony Mr. Corey Rosen Founder National Center for Employee Ownership Covina, CA Testimony Mr. Keith D. Butcher Partner Mosaic Capital Saint Louis, MO Testimony Mr. Scott Lockard President Hampton Enterprises Lincoln, NE Testimony |
