Access to Capital

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  • Ranking Member Chabot Discusses Opportunity Zones with Cincinnati Leaders, SBA Regional Administrator Rob Scott
    Posted in Press Releases on October 9, 2019 | Preview rr
    Tags: Access to Capital

    WASHINGTON – House Committee on Small Business Ranking Member Steve Chabot (R-OH) released the following statement after participating in a Small Business Administration roundtable on Opportunity Zones yesterday: “Included in the Tax Cuts and Jobs Act, Opportunity Zones provide tremendous potential for small businesses to revitalize Main Streets across America. Small businesses have a great capacity for promoting economic and social growth. Ohio has been a great model of Opportunity Zone impleme... Read more

  • SBIC Program Helps Bridge Equity Gap for Small Businesses
    Posted in Press Releases on September 26, 2019 | Preview rr
    Tags: Access to Capital

    WASHINGTON – Today, the House Committee on Small Business heard from government and private sector witnesses about the Small Business Administration’s (SBA) Small Business Investment Company (SBIC) Program. “From my state of Ohio to Florida, and from coast to coast, small businesses are participating in the SBA’s programs to build, grow, and create jobs for our nation. One option within the capital access toolbox at the SBA is the Small Business Investment Company Program, also known as the SBIC... Read more

  • Small Business Committee Passes Four Bipartisan Bills to Support Entrepreneurs
    Posted in Press Releases on September 25, 2019 | Preview rr
    Tags: Access to Capital

    WASHINGTON – Today, the House Committee on Small Business held a markup of legislation to reauthorize Small Business Administration (SBA) Entrepreneurial Development programs that serve America’s small business owners. All four bills passed through Committee by voice vote. “The Small Business Administration’s Entrepreneurial Development programs provided vital resources to entrepreneurs and small businesses. Three of the four bills we [considered] today will reauthorize flagship programs, includ... Read more

  • Ranking Member Hern Opening Statement at Hearing on 7(a) Loan Program Budget Proposal
    Posted in Press Releases on April 10, 2019 | Preview rr
    Tags: Access to Capital

    Ranking Member Hern Opening Statement at Hearing on 7(a) Loan Program Budget Proposal WASHINGTON - Today, the House Committee on Small Business Subcommittee on Economic Growth, Tax, and Capital Access met for a hearing titled "SBA 7(a) Budget Proposal and the Impact of Fee Structure Changes." Ranking Member Kevin Hern (R-OK) delivered the following opening statement: Remarks as Prepared for Delivery Thank you, Mr. Chairman. Despite ongoing positive economic news, the nation’s smallest firms cont... Read more

  • Ranking Member Chabot Introduces Bill to Help Entrepreneurs Access Early Capital
    Posted in Press Releases on March 28, 2019 | Preview rr
    Tags: Access to Capital

    Ranking Member Chabot Introduces Bill to Help Entrepreneurs Access Early Capital WASHINGTON - Today, House Small Business Committee Ranking Member Steve Chabot (R-OH) reintroduced H.R. 1909, the Helping Angels Lead Our Startups (HALOS) Act, bipartisan legislation to increase investment in America’s startups. Specifically, this bill clarifies the definition of angel investor groups and exempts “demo days” from the Securities Exchange Commission’s General Solicitation rules. “Access to capital rem... Read more

  • Small Business Committee Monitors Progress of SBA Microloan Program Reforms
    Posted in Press Releases on March 7, 2019 | Preview rr
    Tags: Access to Capital

    Small Business Committee Monitors Progress of SBA Microloan Program Reforms WASHINGTON – Today, the House Committee on Small Business Subcommittee on Economic Growth, Tax, and Capital Access met for a hearing titled, “Small but Mighty: A Review of the SBA Microloan Program.” Ranking Member Kevin Hern (R-OK) delivered the following opening statement: Remarks as Prepared for Delivery Thank you, Mr. Chairman. Although the country continues to record above average economic marks, the nation’s smalle... Read more

  • Ranking Member Chabot Looks to Ensure Entrepreneurial Resources are Effective
    Posted in Press Releases on February 27, 2019 | Preview rr
    Tags: Access to Capital, Rural America, Contracting, Workplace Issues, Technology

    Ranking Member Chabot Looks to Ensure Entrepreneurial Resources are Effective Washington – The House Committee on Small Business met today for a hearing titled, “Supporting America’s Startups: Review of SBA Entrepreneurial Development Programs.” Ranking Member Steve Chabot (R-OH) delivered the following opening statement: Remarks as Prepared for Delivery Time and again, this Committee has lauded the importance of small businesses to the American economy. The impact that over 30 million small fir... Read more

  • Small Business Committee Reviews SBA Capital Access Programs
    Posted in Press Releases on February 26, 2019 | Preview rr
    Tags: Access to Capital

    Small Business Committee Reviews SBA Capital Access Programs Washington – Today, the Committee on Small Business Subcommittee on Investigations, Oversight, and Regulations met for a hearing titled “Shutdown Lessons: SBA Capital Access Programs.” Subcommittee Ranking Member Ross Spano (R-FL) delivered the following opening statement: Remarks as Prepared for Delivery Small businesses are coming off a banner year of increased optimism levels and confidence scores. From investing in their businesses... Read more

  • SBC Considers Challenges of Underserved Small Businesses
    Posted in Press Releases on February 7, 2019 | Preview rr
    Tags: Access to Capital, Contracting

    Washington – Today, the House Small Business Committee Subcommittee on Economic Growth, Tax, and Capital Access met for a hearing titled “Exploring Challenges and Opportunities of Underserved Businesses in the 21st Century.” “Minority, women, veteran, and rural businesses face a unique set of challenges when starting and growing their business. These challenges range from attaining adequate financing to finding helpful mentors to accessing reliable broadband. Today’s hearing allowed us the oppor... Read more

  • ICYMI: House Passes Four Small Business Bills
    Posted in In Case You Missed It on January 18, 2019 | Preview rr
    Tags: Access to Capital, Contracting

    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 provide small business owners with the resources they need to support and grow their businesses, which in turn supports... Read more