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June 30, 2022

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  • Are Governmentwide Contracts Helping or Hurting Small Contractors? June 14, 2022

    EventID=114883 The hearing will examine governmentwide contracts, including the Best-In-Class (BICs) contracts that originate from the Category Management initiative, and assess their impact on the federal small business base. Members will have the opportunity to explore potential solutions to reduce the barriers to entry for small businesses as it pertains to such contracts.

  • Military to Main Street: Serving Veteran Entrepreneurship June 8, 2022

    EventID=114855 Veterans often gain skills such as discipline, work ethic, and leadership throughout their military service that naturally translate to successful entrepreneurship and small business ownership. However, transitioning from military service to civilian life presents unique challenges for aspiring entrepreneurs. The purpose of the hearing will be to discuss the role of veteran entrepreneurs in the economy and how the Small Business Administration (SBA) supports their transition to ci...

  • SBA Management Review: Office of Capital Access May 18, 2022

    EventID=114774 The Small Business Administration’s (SBA) Office of Capital Access (OCA) is responsible for managing the agency’s loan programs, which provide guarantees for short- and long-term loans on reasonable terms for small businesses who cannot access credit elsewhere. OCA therefore plays a key role in the nation’s entrepreneurship atmosphere. This hearing presents Members an opportunity to assess the current Office and program operations, as well as assess the agency’s efforts to increas...

  • Moving Upwards and Onwards:The Workforce and Innovation Needs of the Aviation and Aerospace Industry May 12, 2022

    EventID=114728 The U.S. aviation and aerospace industry is an essential component of both the economy and national defense. Small entities comprise more than 90 percent of businesses in airline transportation, air transport support, and aviation manufacturing. For years, this industry has been struggling with workforce shortages, which were compounded by the COVID-19 pandemic. Moreover, the technological advancement in the sector means continual upskilling is needed to maintain the highly skille...

  • 05-11-22 Markup May 11, 2022

    EventID=114738 The Committee on Small Business will hold a hybrid markup of legislation to amend the Small Business Act. The markup will be held at 10:00 A.M. (ET) on Wednesday, May 11, 2022, in Room 2360 of the Rayburn House Office Building and on Zoom.

  • Small Business Administration’s FY 2023 Budget April 27, 2022

    EventID=114651 The Administration’s Fiscal Year 2023 (FY 2023) budget request for the Small Business Administration (SBA) is $1.06 billion for the agency, an increase of $26 million from FY 2022 enacted levels. Members will have an opportunity to hear directly from Administrator Guzman about the priorities for the agency and discuss specific funding requests for FY 2023. Additionally, the Committee will discuss the ongoing agency efforts related to the pandemic programs.

  • SBA Management Review: Office of Advocacy April 6, 2022

    EventID=114595 The Subcommittee will meet to examine the United States Small Business Administration’s (SBA) Office of Advocacy (Advocacy). SBA’s Office of Advocacy is an independent office within SBA responsible for collecting data relevant to the small business ecosystem and elevating the concerns of small businesses at the local, state, and federal levels. Members will have the opportunity to learn about Advocacy’s operations, responsibilities, and how Congress can better support its mission....

  • Skill, Upskill, and Reskill: Analyzing New Investments in Workforce Development March 31, 2022

    EventID=114482 Despite the labor market recovering most of the jobs lost during the Covid-19 pandemic, there has been an ongoing labor shortage since mid-2021. This has particularly impacted small firms, that had already been struggling with recruiting and retaining a skilled workforce. This hearing will examine the factors contributing to the workforce shortage and discuss potential solutions, including changes to the workforce development system, the bipartisan Infrastructure Investment and Jo...

  • Catalyzing Economic Growth through SBA Community-Based Lending March 29, 2022

    EventID=114532 The U.S. Small Business Administration (SBA) Paycheck Protection Program (PPP) helped small businesses stay afloat throughout the pandemic. In later phases of the program, Congress made changes to the program to allow community-based lenders, many of whom participated in SBA business loan programs prior to the pandemic, to originate more PPP loans. The research shows the changes improved the program’s reach into underserved markets. While the PPP portal closed on May 31, 2021, to ...

  • An Empirical Review of the Paycheck Protection Program March 16, 2022

    EventID=114490 To help small businesses retain employees and sustain operations during the early stages of the COVID-19 pandemic, Congress created the Paycheck Protection Program (PPP), a new forgivable loan guarantee program within the U.S. Small Business Administration (SBA) that delivered almost $800 billion in capital to small businesses. In the two years since its creation, researchers have reviewed and analyzed the loan data to assess the program’s effectiveness in preserving jobs and reac...

  • Overview of the Small Business Innovation Research and Small Business Technology Transfer Programs March 8, 2022

    EventID=114475 This is the third hearing in a series on the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, which are authorized through September 30, 2022. The SBIR and STTR programs foster partnerships between small businesses and the federal government by making competitive awards to develop technologies that are important to our country and later have commercial application. The Small Business Administration (SBA) is responsible for coordinat...

  • The 8(a) Program: Overview and Next Steps to Promote Small Business Success March 2, 2022

    EventID=114449 The SBA’s 8(a) Program is a business development program that helps disadvantaged small businesses better compete in the American economy. The hearing will examine how the program currently works as well as the resources it provides to small businesses. Members will have an opportunity to hear from stakeholders about ways to modernize the program and improve its effectiveness.

  • Competition and the Small Business Landscape: Fair Competition and a Level Playing Field March 1, 2022

    EventID=114436 Antitrust laws exist to promote competition and prohibit anti-competitive behavior by large firms. However, the U.S. economy has seen continued concentration among its industries since the 1970s. Although this issue is traditionally viewed through the lens of consumers, consolidated industries can be particularly harmful to small firms and new startups. This hearing will examine the history of antitrust law and the historical importance of encouraging fair competition and their po...

  • The Infrastructure Investment and Jobs Act’s Benefits for Small Businesses February 15, 2022

    EventID=114405 The condition of America’s infrastructure has been declining for decades. The American Society of Civil Engineers has long said that trillions are needed for repairs and improvements to U.S. infrastructure. On November 15, 2021, President Biden signed the Infrastructure Investment and Jobs Act (also known as the Bipartisan Infrastructure Law) into law, making a historic investment of $550 billion in new funds for large infrastructure projects, supply chains, broadband, and drinkin...

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