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Access to Capital

Luetkemeyer: "Competition and the Small Business Landscape: Fair Competition and a Level Playing Field"

| Posted in Opening Statements

WASHINGTON, D.C. - Today, the House Small Business Committee is holding a full hybrid hearing on the “Competition and the Small Business Landscape: Fair Competition and a Level Playing Field.” Ranking Member Blaine Luetkemeyer's opening statement as prepared for delivery: Thank you again, Madam Chair, for the opportunity to honor the memory of Mr. Hagedorn. I would also like to thank…

ICYMI: House Passes Four Small Business Bills

| Posted in In Case You Missed It

Washington – House Small Business Committee Ranking Member Steve Chabot (R-OH) released the following statement on the House passing four bipartisan Committee bills earlier this week: “The legislation passed this week includes provisions to increase federal contracting opportunities, encourage innovation, and expand access to capital for small businesses.  These initiatives will…

ICYMI – Access to Capital Improves for Small Businesses

| Posted in In Case You Missed It

WASHINGTON – According to a recent report from the Pepperdine Graziadio Business School and Dun & Bradstreet Q3 2018 Private Capital Access Index, small businesses are finding it easier to acquire capital. More specifically, 53 percent of the small businesses surveyed said they were successful in securing a loan in the past three months. “Access to capital is critical for small…

ICYMI: More Women Entrepreneurs Optimistic About Their Business

| Posted in In Case You Missed It

WASHINGTON – According to a new study by Bank of America, women entrepreneurs are optimistic about their future. More specifically, 58 percent of women surveyed believe their revenues will increase next year, up from 44 percent last year. Meanwhile, more than half of women business owners plan to grow their company in the next five years, while 21 percent plan on hiring more workers.…

ICYMI: NDAA Becomes Law, Includes Small Business Provisions

| Posted in In Case You Missed It

WASHINGTON – Recently, the President signed into law the John S. McCain National Defense Authorization Act (NDAA) for Fiscal Year 2019, which included several small business provisions. “Our nation demands a vital small business industrial base: it is fundamental to the health of our nation as a whole.  I am grateful to the House Armed Services Committee for working with the Small…

Cincinnati Business Courier: Helping Greater Cincinnati Minority Entrepreneurs Succeed

| Posted in In Case You Missed It

A decade ago, Ohio was considered a fly-over state. But today, the state is gaining ground on big startup regions. Cincinnati in particular has seen a number of changes in the past few years, including more capital, mentors, incubators and accelerators ready to guide the next generation of innovators.   With a goal of pitching ideas to investors during a demo day – think “Shark…

ICYMI: Chairman Chabot Talks Veterans and Small Businesses in The Hill

| Posted in In Case You Missed It

WASHINGTON – Last week, House Committee on Small Business Chairman Steve Chabot (R-OH) wrote an op-ed for the Hill on veterans starting small businesses once they return from the battlefield, and the tools they need to succeed. “When our nation’s military men and women return home after service, they not only deserve our gratitude, but often times need our help. Many who return do so…

Committee Examines SBA OIG’s Review of the Microloan Program

| Posted in Articles

WASHINGTON—Today, Members of the House Small Business Subcommittees on Investigations, Oversight, and Regulations and Economic Growth, Tax, and Capital Access heard from agency officials from the United States Small Business Administration (SBA) on the SBA’s September 28, 2017 report entitled, “Audit of SBA’s Microloan Program.”  “Ultimately, SBA is supposed to make sure that the…

Chairman Chabot Kicks Off National Small Business Week with Fox Business Network's Maria Bartiromo

| Posted in In Case You Missed It

CINCINNATI - House Small Business Committee Chairman Steve Chabot (R-OH) stopped by Fox Business Network's "Mornings with Maria" today to discuss National Small Business Week and the work the Committee is doing to reduce the tax and regulatory burden on America's 28 million small businesses. VIDEO: Watch Chairman Chabot's Full Interview Here