Access to Capital

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  • Chairman Chabot Requests Study on Small Business Intellectual Property Resources
    Posted in Press Releases on August 14, 2018 | Preview rr
    Tags: Access to Capital, Technology

    WASHINGTON – This week, Chairman Steve Chabot (R-OH) sent a letter to the Honorable Gene Dodaro, Comptroller General of the United States at the United States Government Accountability Office (GAO), requesting that GAO study ways in which small businesses and entrepreneurs understand the resources available to help them obtain intellectual property protections. “Intellectual property plays an important role in protecting the new and innovative ideas that drive our nation’s economy. This is no le... Read more

  • SBC Examines How to Invest in Rural America
    Posted in Press Releases on July 24, 2018 | Preview rr
    Tags: Access to Capital, Rural America

    WASHINGTON – This week, the House Committee on Small Business Subcommittees on Economic Growth, Tax, and Capital Access and Agriculture, Energy, and Trade held a joint hearing to examine venture capital’s role in helping small businesses access capital and highlight success stories of organizations that provide resources to small businesses in rural America. “Access to capital continues to remain a top concern for American small businesses—nowhere more than rural America, which has been slower t... Read more

  • Chairman Chabot Speaks in Support of JOBS Act 3.0 and HALOS Act
    Posted in Press Releases on July 18, 2018 | Preview rr
    Tags: Access to Capital

    WASHINGTON – This week, House Committee on Small Business Chairman Steve Chabot spoke on the House floor in support of the Jobs and Investors Confidence Act, which included legislation he introduced, the Helping Angels Lead Our Startups Act. The HALOS Act, which improves how investors and small businesses connect, passed the House in January of 2017. To watch the full video click below. Read more

  • SBC Kicks Off Amazon "Prime Day"
    Posted in Press Releases on July 17, 2018 | Preview rr
    Tags: Tax Reform , Access to Capital, Oversight and Regulatory Reform, International Trade

    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 A... Read more

  • President Signs Knight Bill To Ensure Small Businesses Have Access to Capital
    Posted in Press Releases on June 22, 2018 | Preview rr
    Tags: 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... Read more

  • President Signs Bipartisan, Bicameral Bill to Ensure Access to Loans for Small Business Owners
    Posted in Press Releases on June 21, 2018 | Preview rr
    Tags: Access to Capital, Oversight and Regulatory Reform

    WASHINGTON – Today, President Trump signed into law a bipartisan, bicameral bill led by House Small Business Committee Chairman Steve Chabot (R-OH), Senator Jim Risch (R-ID), Chairman of the Senate Committee on Small Business and Entrepreneurship, House Ranking Member Nydia Velázquez (D-NY) and Senator Jeanne Shaheen (D-NH). The bill, the Small Business 7(a) Lending Oversight Reform Act, will ensure appropriate oversight of Small Business Administration’s (SBA) flagship loan program and improve ... Read more

  • Rep. Kelly Examines Small Businesses in Rural America
    Posted in Press Releases on June 18, 2018 | Preview rr
    Tags: Tax Reform , Access to Capital, Rural America

    MISSISSIPPI – This afternoon, the House Small Business Committee held a field hearing in Southaven, Mississippi to examine issues facing rural small businesses including access to capital, lack of reliable broadband, and finding qualified employees. Subcommittee Chairman on Investigations, Oversight, and Regulations Trent Kelly (R-MS) said, “Although the economy is getting stronger, rural America is still recovering from the 2008 recession. Today we asked these small business owners to share wit... Read more

  • Senate Passes Bill to Protect Critical Small Business Loan Program
    Posted in Press Releases on June 5, 2018 | Preview rr
    Tags: Access to Capital, Oversight and Regulatory Reform

    WASHINGTON – Today, the Senate passed H.R. 4743, the Small Business 7(a) Lending Oversight Reform Act, to increase the Small Business Administration’s (SBA) oversight authority over the 7(a) Loan Program. The bipartisan and bicameral legislation was introduced by House Committee on Small Business Chairman Steve Chabot (R-OH), and Senate Small Business and Entrepreneurship Committee Chairman Jim Risch (R-ID), and Ranking Member Nydia Velázquez (D-NY) and Jeanne Shaheen (D-NH). “Today’s Senate pas... Read more

  • SBC Examines the Small Business Travel and Tourism Industries
    Posted in Press Releases on May 8, 2018 | Preview rr
    Tags: Tax Reform , Access to Capital, Oversight and Regulatory Reform

    WASHINGTON—Today, Members of the House Small Business Committee Subcommittee on Economic Growth, Tax, and Capital Access heard from a panel of small business owners and industry experts on the economic impact of small businesses in the travel and tourism industries. “According to the United States Travel Association, an impressive 83 percent of businesses in the travel and tourism industries are considered small businesses,” said Subcommittee Chairman Dave Brat (R-VA). “And while small businesse... Read more

  • SBC Examines Mid-Size Businesses: Too Big to be Small, Too Small to be Big
    Posted in Press Releases on April 26, 2018 | Preview rr
    Tags: Access to Capital, Oversight and Regulatory Reform, Contracting

    WASHINGTON – Today, Members of the Committee on Small Business Subcommittee on Contracting and Workforce held a hearing to examine the challenges businesses face when their company surpasses being classified as a small business and enters the mid-tier market. “Mid-size firms are significant job creators and foster much-needed competition for industry leaders,” said Subcommittee Chairman Steve Knight (R-CA). “Unfortunately, mid-size contractors, particularly emergent or newly-graduated firms, fac... Read more