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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the Senate voted to confirm Jovita Carranza as Administrator of the Small Business Administration (SBA):               “The Small Business Administration is the nation’s only federal agency dedicated… Read more »

Washington, D.C.—Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released the following statement on the passage of H.R 1158, which contains funding for the Small Business Administration (SBA) for fiscal year 2020 (FY20)             “Across the country, the Small Business Administration and its resource partners inject… Read more »

On this Committee, we are focused on making sure that small businesses, whether in my district in California – in Ranking Member Spano’s district in Florida – and in every 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… Read more »

Washington, D.C.— Today, Rep. Judy Chu (D-CA), Chairwoman of the House Small Business Subcommittee on Investigations, Oversight, and Regulations, held a hearing on the current state of the Small Business Administration’s (SBA) 504/Certified Development Company (CDC) lending program. The 504/CDC program facilitates small business growth by helping firms secure affordable capital for… Read more »

Washington, D.C.— Today, the House Small Business Committee, chaired by Rep. Chrissy Houlahan (D-PA), conducted a hearing focused on how small businesses incorporate social and environmental responsibility into their business model and ways that Congress can support them. The hearing gave members the chance to look at how Corporate Social Responsibility (CSR) can provide a more… Read more »

Washington, D.C.— On Monday, at a press event at New York City Hall, House Small Business Committee Chairwoman Nydia Velázquez (D-NY) and House Democratic Caucus Chairman Rep. Hakeem Jeffries (D-NY) announced a set of bills to fight mass incarceration by launching entrepreneurial training initiatives for the incarcerated and formerly incarcerated. Studies show… Read more »

Washington, D.C.— Today, the House Small Business Committee passed four bipartisan reforms to amend the Small Business Act. The measures will launch entrepreneurship training programs for the incarcerated and formerly incarcerated, protect fast-growing small businesses, and lower barriers to entry for small firms in government contracting.  “I am proud that both Democrats and… Read more »

Washington, D.C.— Today, the House of Representatives passed legislation to improve access to small business disaster assistance. S. 862, the Rebuilding Small Businesses After Disasters Act, extends for three additional years the current $25,000 minimum disaster loan amount for which the SBA may require collateral. Already passed in the Senate, the bill now moves to the President’s desk… Read more »

Washington, D.C.— Today, the House Small Business Committee under Chairwoman Nydia Velázquez (D-NY) held a hearing focused on ensuring that the medical workforce has the training necessary to take advantage of emerging medical technologies. In recent years, new technologies like virtual reality, telehealth, and electronic health records have appeared as a potential solution to… Read more »

Washington, D.C.— Today, the House passed a set of bipartisan bills to enhance entrepreneurial opportunities for military veterans. The bills improve and update several SBA programs meant to facilitate veteran entrepreneurship. “The brave men and women who sacrifice so much to protect their country deserve every opportunity to continue their great contribution by starting a business when… Read more »