Small Business Committee Passes 8 Bipartisan Bills

WASHINGTON – Today, the House Committee on Small Business held a markup of legislation to amend the Small Business Act and the Small Business Investment Act. All eight bills passed through Committee on bipartisan votes. “Once again the Small Business Committee has shown we can work together in a bipartisan manner to create real, common-sense legislation to help our nation’s small businesses. I’m proud of all the work our Committee members have put into these bills, especially listening to the needs of our small businesses and acting on those ne... [...]

SBC Kicks Off Amazon "Prime Day"

WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) and Members of the Committee welcomed Amazon and several small businesses that sell on that platform to a roundtable discussion with Committee Members. “I thank Amazon and the businesses for their insight into how e-commerce has given these small businesses a platform to not only sell their goods, but sell their products around the world. It wasn’t surprising to me that small businesses make up more than half of Amazon’s sales. This is reflective in our economy a... [...]

Helping Small Businesses Protect Intellectual Property

WASHINGTON – Today, the House Committee on Small Business examined how small business owners in the digital technology industry use intellectual property to help their business, and the issues they face when navigating the intellectual property process. America’s intellectual property is worth $6.6 trillion, and intellectual property-intensive industries employ over 45 million Americans. However, as Chairman Steve Chabot (R-OH) said during the hearing, “The process for obtaining intellectual property protections can be daunting even for the mos... [...]

SBC Examines ZTE Threat to Small Businesses

WASHINGTON—Today, Members of the House Committee on Small Business heard from a panel of national security experts and cybersecurity firms on the existential threat that the Chinese-owned telecommunications firm, ZTE, poses to American small businesses and citizens. “Hearings by this Committee have shown that small businesses have become top targets for nefarious state-backed actors because they tend to be the softest targets. They have fewer resources to manage their IT systems and respond to cybersecurity incidents, and they often lack the te... [...]

President Signs Knight Bill To Ensure Small Businesses Have Access to Capital

WASHINGTON – This week, the President signed H.R. 2333, the Small Business Investment Opportunity Act, introduced by Contracting and Workforce Subcommittee Chairman Steve Knight (R-CA), to increase the amount of leverage made available to small business investment companies (SBICs). “No doubt, access to capital remains one of the biggest obstacles for small business owners in growing their companies. Congressman Knight’s bill will allow small businesses to more easily get the financing they need and I thank him for all the hard work he has put ... [...]