The top Democrats of the House and Senate Small Business Committees are opposing cuts to the Community Development Financial Institutions Fund contained in the President’s Fiscal Year 2018 budget.
In a letter sent today to Treasury Secretary Mnuchin and Budget Director Mulvaney, Rep. Nydia M. Velázquez (D-NY) and Senator Jeanne Shaheen (D-NH) argued that the Fund… Read more »
Rep. Nydia M. Velázquez (D-NY), the Ranking Member of the House Small Business Committee, released the following statement regarding President Trump’s Fiscal Year 2018 proposal:
“I am pleased that this otherwise draconian budget, which would slash so many federal agencies, largely leaves intact most Small Business Administration… Read more »
In the wake of President Trump’s letter to Congress on renegotiating the North American Free Trade Agreement (NAFTA), Democrats on a key panel today said more small businesses must be empowered to export their products abroad. As a staple of the American economy, small firms are leading innovators in countless economic sectors. With over ninety-five percent of worldwide consumers… Read more »
STATEMENT
Of the Honorable Nydia M. Velazquez, Ranking Member
Committee on Small Business
Full Committee Hearing on Trade
Tuesday May 23, 2017
Year after year, we are told that small businesses are the catalyst for the growth of the U.S. economy – and rightly so, as they create nearly two-thirds of net new jobs and are responsible for countless innovations. A… Read more »
Legislation authored by the top Democrat on the House Small Business Committee would help small, innovative firms operating in the technology space to better access equity capital. H.R. 2489, introduced by Rep. Nydia M. Velázquez (D-NY), would incentive small business investment companies to invest in small firms that participate in the Small Business Innovation Research… Read more »
The top Democrat on the House Small Business Committee, Rep. Nydia M. Velázquez (D-NY), today unveiled an array of legislative proposals aimed at igniting small business growth and entrepreneurship in Puerto Rico. The economically beleaguered island has suffered from soaring unemployment, spiraling government debt and elevated poverty rates over the last decade.… Read more »
Hearing examines SBA’s flagship 7(a) Loan Program
At a hearing today before the House Small Business Committee, Democrats took a hard look at the government’s primary small business lending program, 7(a) loans. Over the years, these loans have provided the access to capital necessary to fund the dream ventures of countless entrepreneurs and small business… Read more »
STATEMENT
Congresswoman Nydia Velazquez, Ranking Member
House Committee on Small Business
“SBA’s 7(a) Loan Program: A Detailed Review”
Wednesday May 17, 2017
Access to capital is critical to the success of small businesses. If, as the saying goes, small businesses are the economy’s backbone, then the flow of capital is the lifeblood.
However, obtaining… Read more »
Hearing examines how accelerator programs can foster innovation and promote diversity
At a hearing today before the House Small Business Committee, Democrats examined one of the current fastest growing mechanisms for entrepreneurial growth—business accelerators. Described by Committee Ranking Member, Rep. Nydia M. Velázquez (D-NY) as “the best of both… Read more »
Statement of the
Honorable Nydia Velázquez, Ranking Member
House Committee on Small Business
“Empowering Small Businesses: The Accelerator Model”
May 3, 2017
Business accelerators help high-growth start up enterprises develop their products, identify promising customer segments, and secure resources, including vital capital and potential employees. It is clear that… Read more »
