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Velázquez Leads Members in Recognizing National Small Business Week

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) led 58 Members of Congress in introducing a resolution to recognize September 13th through September 17th as National Small Business Week. The United States has celebrated small business week annually since 1963 to commemorate the contributions of small business owners and their more than 60 million employ...

Statement of the Hon. Nydia Velazquez on 09-09-21 Markup

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"Today we will be considering the small business title of reconciliation pursuant to S. Con. Res. 14, the Concurrent Resolution on the Budget for Fiscal Year 2022, which will provide $25 billion over ten years to the Small Business Administration. As required by House Rules, copies of the Committee Print have been made available to members and the public at least 24 hours in advance. "Small busin...

Committee Advances $25 Billion in Funding for Small Businesses

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Washington, D.C.— Today, the House Small Business Committee, led by Chairwoman Nydia M. Velázquez (D-NY), approved legislation to deliver $25 billion in funding to invest in small business programs. The committee now sends the bill to the House Budget Committee for inclusion in the Build Back Better Act. “Small businesses are the foundation of our economy and ultimately the key to our nation makin...

Chairwoman Velázquez Statement on August 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 August jobs report: “Last month, the economy continued to make steady progress towards recovery, adding 235,000 jobs and bringing the unemployment rate down to 5.2%. In 2021, the American economy has grown at its fastest pace in over 40...

Velázquez Works to Achieve Maximum Loan Forgiveness for PPP Borrowers

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Washington, D.C.— Today, the House Small Business Committee, led by Chairwoman Nydia M. Velázquez (D-NY), held a hearing examining the current state of loan forgiveness under the Paycheck Protection Program (PPP). To date, the Small Business Administration (SBA) has received 5.6 million loan forgiveness requests and delivered over 5.2 million forgiveness payments. “PPP helped millions of entrepren...

Chairwoman Velázquez Announces September Hearings

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) announced several committee hearings throughout September: Wednesday, September 1, 2021- 1:00 P.M.- Remote Hearing: What Comes Next? PPP Forgiveness Tuesday, September 14, 2021- 11:00 A.M.- Remote Hearing: National Small Business Week: Celebrating our Main Street Champions Tuesday, September 21, 2021- 10:0...

Committee Passes Seven Bipartisan Bills

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Washington, D.C.— Today, the House Small Business Committee under Chairwoman Nydia M. Velázquez, passed seven bipartisan bills to improve SBA lending programs, boost small business cyber-security, and reauthorize a program providing entrepreneurial development training to veterans. “After a year plus of fighting the pandemic, small businesses are finally getting closer to normalcy thanks to vaccin...

Crow Looks to Clean Energy Economy to Boost Small Business Job Growth

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Washington, D.C.— Today, Rep. Jason Crow (D-CO), Chairman of the Subcommittee on Innovation, Entrepreneurship, and Workforce Development, held a hearing on the opportunities the clean energy economy presents for the small business sector. “This year, we’ve already experienced unprecedented climate events across the country that remind us that the climate crisis is a threat to human lives and econo...

Velázquez Looks to Protect Small Businesses from Rising Cyber Threats

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Washington, D.C.— Today, the House Small Business Committee, led by Chairwoman Nydia M. Velázquez (D-NY), held a hearing focused on improving cybersecurity preparedness in the small businesses sector. The hearing occurred following the Biden administration’s acknowledgement yesterday that hackers affiliated with the Chinese government were behind a major cyberattack on Microsoft Corp. that potenti...

Velázquez and Donalds Introduce Bill to Boost Small Business Cyber Defense

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Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) and Rep. Byron Donalds (R-FL) introduced legislation to encourage cooperation between small businesses and the federal government to protect against cyber threats. The Small Business Advanced Cybersecurity Enhancements Act would boost collaboration between the government and small businesses by utilizing S...

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