The U.S. House of Representatives has passed H.R. 6758, the SUCCESS Act, which includes language authored by House Small Business Committee Ranking Member Rep. Nydia M. Velázquez (D-NY) aimed at addressing underrepresentation of women and minorities patent holders.
“For an entrepreneur, securing a patent can jumpstart a new business, spur job growth and unlock the doors to… Read more »
Provisions Incorporated into Larger Defense Package
Three crucial Democratic Small Business Committee provisions passed the House of Representatives today as a part of the FY 2019 National Defense Authorization Act (NDAA). The amendments passed will help start-ups pursue commercialization, make the employee-owned business model more accessible and funnel much-needed federal… Read more »
GOP Tax Scam Benefits Wall Street Over Main Street
Members of the U.S. House Small Business Committee heard this week that a Republican tax law signed by the President in December has done little to alleviate entrepreneurs’ concerns about tax code complexity. During a Wednesday hearing, Small Business Democrats argued that the Republican bill will provide Wall Street corporations… Read more »
Arguing that President Trump’s escalating trade war and failed infrastructure reform offers a raw deal for rural entrepreneurs, Democrats on two House Small Business subcommittees convened this week to advocate for greater federal investments in rural businesses.
“Today, most economic indicators show sustained growth, but rural and traditionally underserved sectors, like women… Read more »
A slate of Democratic bills cleared the House Small Business Committee this week, taking an important step toward final passage and enactment. Rep. Nydia M. Velázquez (D-NY), the top Democrat on the Committee, said the measures would help more small firms to access capital and secure federal contracting and subcontracting opportunities.
“Small businesses… Read more »
This week, two House subcommittees held a hearing focused on improving the certification process for Service Disabled Veteran Owned Small Businesses (SDVOSBs). To crackdown on current waste, fraud and abuse, Democrats of the House Small Business Subcommittee on Investigations, Oversight, and Regulations and the Committee on Veterans’ Affairs Subcommittee on Oversight and… Read more »
Today, House Small Business Committee Democrats held a hearing to discuss how Congress can help small business owners protect their intellectual property. For millions of entrepreneurs, securing a patent, trademark or copyright can open the doors to a successful venture. However, many women and minority inventors remain largely shut out of the patent process. For these reasons, Committee… Read more »
Bills Would Promote Diversity in Entrepreneurship and Protect Intellectual Property
Last night, a set of key small business reforms, championed by Democratic Members of the House Small Business Committee, were agreed to in the U.S. House of Representatives. The two bills, sponsored by Rep. Alma Adams (D-NC) and Rep. Dwight Evans (D-PA) will make strides in expanding… Read more »
Democrats Warn Small Firms Will Bear the Consequences of Visa Cuts
As the Trump Administration seeks to reduce legal immigration and crack down on foreign workers, Democrats of the House Small Business Committee released a report demonstrating how existing work visa programs fuel American small businesses. Democrats argued that by giving foreign workers the means to enter and work… Read more »
Rep. Nydia M. Velázquez (D-NY), the Ranking Member of the House Small Business Committee, commented today on a recent Small Business Administration Office of Inspector General (OIG) report on the Women’s-Owned Federal Contracting Program:
“It is alarming that the OIG has determined that more than $52… Read more »
