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 »
Washington, D.C.— Today, the House passed several bipartisan reforms to amend the Small Business Act and the Small Business Investment Act. The bills passed today will further expand capital access for small businesses recovering from a natural disaster, help small firms guard their data against hackers, and provide clarity around size standards for small firms competing for government contracts. ... Read more »
Washington, D.C.— House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) has announced the Committee will meet to markup the following bills on Wednesday, July 17th at 11:30 A.M.: • H.R. 3537, “Veteran Entrepreneurship Training Act of 2019” • H.R. 3734, “Successful Entrepreneurship for Reservists and Veterans Act” • H.R. 1615, “Verification Alignment and Service-disabled Business Adju... Read more »
SCORE was first established in 1964 as a national, volunteer nonprofit organization, whose mission is to foster vibrant small business communities through mentoring and education. Over the years, it has grown to one of the largest networks of volunteers, with more than 11,000 expert business advisors at 350 chapters nationwide. SCORE provides free or low-cost mentoring and training to small busine... Read more »
Washington, D.C.—Today, Rep. Judy Chu (D-CA) Chairwoman of the Small Business Subcommittee on Investigations, Oversight, & Regulations gathered officials from the U.S. Small Business Administration (SBA) to answer questions regarding the agency’s oversight of the SCORE program. Chu called the hearing following an April report from the office of the SBA Inspector General that found systemic issues ... Read more »
Every year more than 200,000 of our nation’s heroes make the transition out of our military. Some pursue employment opportunities, others go back to school, or learn a new trade. And some decide to pursue the American dream and launch a small, innovative business. For these returning servicemembers, the Small Business Administration can play a key role to help turn their small business dreams into... Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Rep. Nydia M. Velázquez (D-NY) gathered a panel focused on recognizing the substantial role of veteran entrepreneurs in the economy and the challenges that they face when starting a small business. During the hearing, former service members highlighted the struggles that veterans face and weighed in on current government programs a... Read more »
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY), Rep. Jared Golden (D-ME), and Rep. Dwight Evans (D-PA) announced legislation to extend several Small Business Administration (SBA) initiatives to small businesses operating in the cannabis sector. Velázquez has introduced H.R. 3540, the Ensuring Safe Capital Access for All Small Businesses Act of 2019. Th... Read more »
When I talk to small business owners, one of the first things they mention to me is that access to capital is the lifeblood of their business. Affordable capital fuels new startups and helps existing businesses expand into new markets and grow their customer bases. And we know that when capital is accessible and on fair terms, small businesses can do what they do best---strengthen our communities ... Read more »
