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Subcommittee Examines Small Business Runway Extension Act

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 Washington, D.C.— Today, the Committee on Small Business Subcommittee on Contracting and Infrastructure met to ensure that the Small Business Runway Extension Act is being implemented in accordance with Congressional intent. Signed into law in December of 2018, the Act aims to give small firms additional time as a designated small business, so they can better compete for federal…

Velázquez Seeks to Flip the Switch on Rural Entrepreneurship

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Washington, D.C.— Today, the House Small Business Committee heard firsthand from small business owners on how digital technology is shaping the success of small firms in rural parts of America. From working to increase participation in the online marketplace to protecting small firms from cyberattacks, Committee Members discussed how Congress can act to expand the opportunities available…

Finkenauer Holds Hearing to Promote Rural Small Business Exports

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  Washington, D.C.—Today, Rep. Abby Finkenauer (D-IA), Chairwoman of the Small Business Subcommittee on Rural Development, Agriculture, Trade, and Entrepreneurship convened a panel of government officials to hear how Congress can help more small firms, especially in rural areas, export their products. The hearing focused specifically on how Congress can improve the State Trade and…

Chairwoman Velázquez on Trump Budget for 2020

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released the following statement in response to President Trump’s 2020 Budget request:            “The President’s Fiscal Year 2020 budget raises serious red flags for small businesses. The President is proposing a 5 percent cut to the Small Business Administration,…

Chairwoman Velázquez on Jobs Report

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 Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after the Labor Department released its February jobs statement:             “Today’s numbers are disappointing, with our economy underperforming estimates by adding just 20,000 jobs. For America’s small business sector, these…

Kim Holds Hearing on Small Business Microloan Program

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Washington, D.C.—Today, Rep. Andy Kim (D-NJ), Chair of the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access, convened a panel of entrepreneurs, lenders and experts to hear their perspectives and experiences with the Small Business Administration’s (SBA) Microloan program. “As head of the Subcommittee focused on expanding access to capital, today was an…

Velázquez Says Infrastructure Reform Must Consider Small Firms

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Washington, D.C.—Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) convened a panel of witnesses to discuss the top priorities facing the small business sector as the House moves closer to taking up infrastructure reform. “Despite America’s strong legacy of innovation, when it comes to infrastructure, by many measures, we are failing to keep up with the growing…

Chairwoman Velázquez on Women’s History Month

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Washington, D.C.—In recognition of Women’s History Month, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released the following statement today:              “Throughout America’s history, the entrepreneurial spirit and drive of women has propelled our innovation, enriched our communities and strengthened our economy. Each year,…

Chairwoman Velázquez on GDP Report

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Washington, D.C.—Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) released the following statement in response to the Commerce Department’s Fourth Quarter and Annual 2018 Gross Domestic Product (GDP) report:  “Today’s GDP report reflects a series of policies and actions this Administration has taken to weaken Main Street businesses across…

Velázquez Looks to Expand Mentorship & Counseling Initiatives for Entrepreneurs

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Washington, D.C.—Today, the House Small Business Committee under Chairwoman Nydia M. Velázquez (D-NY) met to discuss the pivotal role of the Small Business Administration’s (SBA) Entrepreneurial Development (ED) initiatives in helping small businesses innovate and create jobs.  For the hearing, Chairwoman Velázquez convened a panel of top officials from SBA’s four primary resource…

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