Fostering the American Dream: How SBA Can Empower Immigrant Small Business Owners
Friday, November 8, 2019 | 10:00 AM
The Committee on Small Business Subcommittee on Investigations, Oversight, and Regulations will hold a hearing titled, “Fostering the American Dream: How SBA Can Empower Immigrant Small Business Owners.” The hearing is scheduled to begin at 10:00 A.M. (PST) on Friday, November 8, 2019 at Rosemead City Hall, 8838 East Valley Boulevard, Rosemead, CA 91770.
The United States is currently home to over 43 million immigrants and over 3 million have started small businesses. These companies pay an estimated $126 billion in wages to six million people and generate over $65 billion in income. Recognizing their economic contributions, the hearing will focus on how the federal government can better assist immigrant entrepreneurs desiring to start a small business. Members will learn why immigrants are more likely to start new businesses but less likely to have access to traditional sources of capital, and how the Small Business Administration’s programs, such as entrepreneurial development and lending programs like the Community Advantage program can help immigrant business owners succeed.
To view a livestream of the hearing, please click here.
Ms. Rachelle Arizmendi
Vice-President and Chief Operations Officer
Pacific Asian Consortium in Employment (PACE)
Los Angeles, CA
Mr. Donald J. Loewel, MBA
Small Business Development Center
Pasadena City College
Ms. Tatiana Bonilla
Andrew Design Group, Inc.
Mr. Amir Salahi
Founder and CEO
Energy Advisor Hub
*Witness testimony will be posted within 24 hours after the hearing’s occurrence