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Velázquez Remarks at Press Conference on Trade and Small Business

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Washington, D.C.—Today House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) spoke outside the Capitol alongside small business owners and her fellow committee members to draw attention to the consequences of the President’s trade war with China on America’s small businesses. Below are her remarks, as prepared for delivery: “We are here today because America’s small…

Statement of the Hon. Jason Crow on The Digital Ecosystem: New Pathways to Entrepreneurship

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We all know how much the Internet has changed our lives but the most dramatic impact it may have had is the opportunities it has provided small businesses. Twenty years ago, there was no Google, YouTube or Facebook—companies that started small but have eventually turned into major brands.  Much of this is made possible by the Internet and its ability to connect people in ways…

Statement of the Hon. Judy Chu on Lost Opportunities? SBA’s Engagement with Historically Black Colleges and Universities

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The purpose of today’s hearing is to examine whether HBCUs are receiving adequate support from the Small Business Administration (SBA) to help foster entrepreneurship. Over 150 years ago, the first HBCUs were born out of adversity to ensure African Americans had an opportunity to attend college.  Today, there are more than 100 historic institutions across the country, serving nearly…

Statement of the Hon. Andy Kim on SBA 7(a) Budget Proposal and the Impact of Fee Structure Changes

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On this Subcommittee, we are focused on making sure that small businesses, whether in my district in New Jersey—in Ranking Member Hern’s district in Oklahoma, and in every other district across America, can access the capital they need to start, grow, and create new jobs.And we know that when capital is affordable and accessible, small businesses can do what they do best, strengthen our…

Statement of the Hon. Abby Finkenauer on The Small Business Trade Snapshot: Agriculture and Workers

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As a Congresswoman from Iowa’s First Congressional District, whose sister and brother in law are corn and soybean farmers, I’ve watched first hand the last few years as retaliation from the current trade wars have caused unease, uncertainty and economic losses across the heartland. Now, trade issues are coming to the forefront of national conversations with implications for nearly every…

Statement of Vice Chairman Dwight Evans on Unlocking Small Business Retirement Security

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Whether they are working for a small or large business, a nonprofit, or as sole proprietors, every American deserves to retire with security and peace of mind. Unfortunately, far too many Americans are facing a crisis: the inability to fully retire with dignity after a life of hard work.  Many of today’s workers are nowhere close to having enough saved away to ensure a quality,…

Statement of Chairman Jared Golden on Implementation of the Small Business Runway Extension Act

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We thank everyone for joining us this morning and I want to especially thank the witnesses for being here today. I also wanted to take an opportunity to thank my Ranking Member, Representative Stauber. I’m glad to be getting to know you and look forward to working together to create bipartisan solutions to help small businesses all across the country – from Belfast, Maine to Brainerd,…

Statement of Chairwoman Nydia M. Velázquez on Flipping the Switch on Rural Digital Entrepreneurship

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In today’s economy, there is no doubt that digital technology has revolutionized the way entrepreneurs are looking to build, grow, and manage a successful business.   Whether it’s utilizing the latest app to advertise a product or engaging in the sharing economy by renting out a work space online, these types of inventions have been a catalyst for small businesses in just the…

Statement of Chairwoman Abby Finkenauer on the Challenges in SBA’s State Trade Expansion Program

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As someone who grew up in small town Iowa, I am thrilled to be leading this important Subcommittee focused on rural development. We have an opportunity to give folks in districts like mine - and Ranking Member Joyce’s - a seat at the table for the important conversations like the one today on helping farmers and small businesses export their products.   It is no secret that…

Statement of Chairwoman Nydia M. Velázquez on Committee Budget Views and Estimates for Fiscal Year 2020

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Today’s order of business is to consider the Views and Estimates of the Committee on Small Business for fiscal year 2020. These resources are a critical first step in helping entrepreneurs start and grow their business and in aiding established businesses to leverage their experience to invest in their business and employees. I will admit that we are again considering our views and…

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