One of the keys to long term growth in our economy is to create an environment that encourages innovation. We know that when given the opportunity, small firms have proven that they can lead the way innovating and creating new jobs. Many innovations and businesses that we benefit from today found their start in basements and garages around the country. From 2000 to 2017, small businesses created 8... Read More »
Washington, D.C.— Today, the House Small Business Subcommittee on Innovation and Workforce Development, under Chairman Jason Crow (D-CO), held a hearing focused on SBA programs supporting innovation in the small business sector. The hearing centered on initiatives like Small Business Innovation Research (SBIR), Small Business Technology Transfer (STTR), and Growth Accelerator Competition Fund Pilo... Read More »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) gathered members of the small business community to discuss their experiences with the Small Business Administration’s 8(a) program. The 8(a) program was created by Congress to help disadvantaged businesses compete in the federal procurement space and to level the playing field when it comes to government ... Read More »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement for National Hispanic Heritage Month, which is recognized each year from September 15th to October 15th: “Hispanic Heritage Month is a time to recognize the history, culture, and achievements of the Hispanic-American community. And in the small business sector, there is plent... Read More »
Washington, D.C.— Yesterday, Rep. Abby Finkenauer (D-IA), Chairwoman of the House Small Business Subcommittee on Rural Development Agriculture and Trade held a hearing focused on supporting small businesses in the clean energy sector. Small companies have been driving growth in this fast-growing sector, with an estimated 70% of employees in the industry working for a small business. “Small busines... Read More »
On this committee we are focused on breaking down barriers that many small businesses face. Whether it is ensuring small firms have access to affordable capital or reducing regulatory burdens, our focus on this Committee is to create a thriving Main Street that makes towns and communities across the country better places to live, work, and raise a family. An essential part of any community are the... Read More »
Washington, D.C.— Today, the House Small Business Committee under Chairwoman Nydia M. Velázquez (D-NY) met to discuss the impact of utilization management techniques like prior authorization on small medical practitioners. “When doctors spend hours dealing with paperwork or can’t treat a patient because a health insurance company won’t approve a treatment, the result is patients suffering,” said C... Read More »
As the Congresswoman from Iowa’s First Congressional District, I know how important clean energy and renewable fuels are to our economy and our environment. As this sector continues to grow and become a driving force in the global economy, businesses—large and small—are looking to take advantage of these new opportunities. By reducing emissions, supporting renewable energy, and increasing energy e... Read More »
Washington, D.C.— House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) has announced several Committee hearings for the month of September: Tuesday, September 10, 2019 at 10:00 A.M.: The Small Business Subcommittee on Rural Development, Agriculture, Trade, and Entrepreneurship will meet for a hearing titled, “Growing the Clean Energy Economy.” Wednesday, September 11, 2019 at 11:30 ... Read More »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement for National Preparedness Month which is recognized each September: “When natural disaster strikes, the federal government must be prepared to help. For years, the Small Business Administration has been a crucial part of the recovery process, offering low-cost loans and assis... Read More »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) issued the following statement after President Trump announced new tariffs on $300 billion in Chinese imports: “The ongoing trade war has already taken a massive toll on America’s consumers and small businesses, forcing many to pay an unnecessary tax placed on their back by this Administration. “Now, becau... Read More »
Washington, D.C.— Today, House Small Business Committee Chairwoman Rep. Nydia M. Velázquez (D-NY) wrote to Capital One CEO Richard Fairbank, seeking more information on how the company’s recent data breach will affect small business owners and what efforts the company is taking to mitigate the impact on these small firms. The letter comes on the heels of a massive data breach that affected approxi... Read More »
Washington, D.C.— Today, the House Small Business Subcommittee on Rural Development, Agriculture, Trade, and Entrepreneurship, under Chairwoman Abby Finkenauer (D-IA) gathered young farmers and agricultural entrepreneurs to discuss the issues that they face and ways that Congress can support them. "The future of our rural economy truly depends on this next generation," said Chairwoman Finkenauer. ... Read More »
Washington, D.C.— Today, the House Small Business Committee, under Rep. Nydia M. Velázquez (D-NY) gathered experts and entrepreneurs to examine the impact of the Tax Cuts and Jobs Act (TCJA) on small businesses. The TCJA emphasized tax cuts for large corporations while making the tax code more complicated for many small business owners. “What we are seeing nearly a year after the tax law was passe... Read More »
Washington, D.C.— Today, the House Small Business Committee passed five bipartisan bills to enhance opportunities for America’s veterans seeking a pathway to entrepreneurship after service. “Those who put their lives on the line for our country deserve nothing less than to return home with ample opportunities to pursue the American dream of starting a small business,” said Chairwoman Nydia M. Velá... Read More »
