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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement following President Biden’s release of his Fiscal Year 2022 budget:                 “President Biden’s proposed budget is a welcome sight for small businesses that have been struggling for well… Read more »

Washington, D.C.— Today, the House Small Business Committee Subcommittee on Oversight, Investigations, and Regulations, led by Chairman Dean Phillips (D-MN), held a hearing focused on assessing the implementation and effectiveness of the Small Business Administration’s (SBA) pandemic related grant programs. The hearing gathered small business owners and stakeholders to testify on their… Read more »

Washington, D.C.— Today, the House Small Business Committee, under Chairwoman Nydia M. Velázquez (D-NY), held a remote hearing examining the administration of crucial small business pandemic relief efforts. During the hearing, Small Business Administration (SBA) Administrator Isabel Guzman updated members on the progress the agency had made on improving pandemic programs and the… Read more »

Washington, D.C.— Today, the House Small Business Committee Subcommittee on Innovation, Entrepreneurship, and Workforce Development led by Chairman Jason Crow (D-CO), held a hearing reviewing the Small Business Administration’s (SBA) entrepreneurial development ecosystem. The SBA offers a wide range of free or low-cost counseling and training services through its primary resource… Read more »

Washington, D.C.— Today, the House Small Business Committee Subcommittee on Economic Growth, Tax, and Capital Access, led by Chairwoman Sharice Davids (D-KS), held a hearing examining the roles of Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) in small business lending.    “The pandemic taught us a critical lesson in the power… Read more »

Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) hosted a hearing focused on improving federal Research and Development (R&D) programs supporting small business innovation. The hearing covered the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, which help entrepreneurs commercialize federal… Read more »

Washington, D.C.— Today, the House Small Business Committee Subcommittee on Innovation, Entrepreneurship, and Workforce Development, led by Chairman Jason Crow (D-CO), held a hearing examining how small firms and the federal government can leverage workforce development programs to train and upskill the next generation of infrastructure workers.   “It is not enough to create jobs,… Read more »

Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) and Rep. Byron Donalds (R-FL) introduced legislation to preserve payment protections for small construction firms working as subcontractors on federal projects. The legislation would exclude the threshold for construction contracts that must be bonded under the Miller Act from periodic… Read more »

Washington, D.C.— Today, the House Small Business Committee Subcommittee on Economic Growth, Tax, and Capital Access, led by Chairwoman Sharice Davids (D-KS), held a hearing examining the impact of COVID-19 on domestic supply chains and the role of small manufacturers in strengthening them.    “Small manufacturers have played a critical role during the pandemic, pivoting… Read more »

Washington, D.C.— Today, the House Small Business Committee, led by Chairwoman Nydia M. Velázquez (D-NY), held a remote hearing exploring the importance of immigrant-owned businesses to the American economy and their role in the recovery from the COVID-19 pandemic.     “If our economy is to recover, we need immigrant businesses operating at full strength. As was the… Read more »