Video archive of the US Congress

House Proceeding 05-20-09 on May 20th, 2009 :: 0:01:10 to 0:05:40
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Nydia M. Velazquez

0:01:09 to 0:01:30( Edit History Discussion )

Nydia M. Velazquez: conversations off the floor. the chair recognizes the ms. velazquez: mr. chairman, i yield myself such time as i may consume. the chair: the gentlewoman is recognized. ms. velazquez: thank you, mr. chairman. i rise in support of this measure which will update and improve the s.b.a.'s programs. this bill is a bipartisan

Nydia M. Velazquez

0:01:10 to 0:05:40( Edit History Discussion )
Speech By: Nydia M. Velazquez

Nydia M. Velazquez

0:01:31 to 0:01:51( Edit History Discussion )

Nydia M. Velazquez: product and will not only strengthen small firms but will help them create new jobs for american workers. this week we are honoring our nation's job creators, the entrepreneurs who generate roughly 70% of positions. as we celebrate the small business week this year, weind ourselves in a different place

Nydia M. Velazquez

0:01:52 to 0:02:14( Edit History Discussion )

Nydia M. Velazquez: than in celebrations past. the economic landscape has changed considerably. and in the face of historic recession, small f always go it alone. after all, starting and running a small business is not easy. even when times are good. that is why the job creation

Nydia M. Velazquez

0:02:15 to 0:02:36( Edit History Discussion )

Nydia M. Velazquez: through entrepreneurship act is so important. it revs up the engine of our economy, the entrepreneurs who are creating jobs, and changing the way our country does business. this bill gives small firms the tools they need to flourish. by enhancing s.b.a.'s entrepreneurial development programs, it will help existing

Nydia M. Velazquez

0:02:37 to 0:02:58( Edit History Discussion )

Nydia M. Velazquez: businesses grow and allow aspiring entrepreneurs to get off the ground. these resources are critical. in fact, small firms that use them are twice as likely to succeed as those that don't. but unfortunately many of these initiatives are outdated and underfunded. today we will take important

Nydia M. Velazquez

0:02:59 to 0:03:20( Edit History Discussion )

Nydia M. Velazquez: steps to ensure they are running at full capacity. despite declines in corporate america, the entrepreneurial spirit is alive and well. every month 400,000 new businesses start up across the country. imagine if each o those firms have access to resources like

Nydia M. Velazquez

0:03:21 to 0:03:41( Edit History Discussion )

Nydia M. Velazquez: business development traing. this bill provides entrepreneurs with the tools they everything from draft a business plan to secure equity capital. this service has put small firms on a level playing field allowing them to compete in

Nydia M. Velazquez

0:03:42 to 0:04:03( Edit History Discussion )

Nydia M. Velazquez: virtually any sector, including the federal marketplace. although most industries are struggling, the federal marketplace is booming. with billions of stimulus dollars now in play, that stor presents enormous opportunity for entrepreneurs. but before they can crack the industry, small firms will need

Nydia M. Velazquez

0:04:04 to 0:04:25( Edit History Discussion )

Nydia M. Velazquez: to know it's ins and outs. h.r. 2352 provides the traing they need to do so. it also offers the necessary technology. in ord to adapt to new markets, many entrepreneurs will need to retool their operations through cutting ee technology programs, th bill allows entrepreneurs everywhere to

Nydia M. Velazquez

0:04:26 to 0:04:47( Edit History Discussion )

Nydia M. Velazquez: access the information they need. in doing so, it encourages entrepreneur -- entrepreurship in places where it might not otherwise grow. for struggling regions and inner cities, h.r. 2352 will be an economic catalyst. it will also reflect the changing face of american business.

Nydia M. Velazquez

0:04:48 to 0:05:09( Edit History Discussion )

Nydia M. Velazquez: more and more women, veterans, and native americans are starting their own firms. for these people entrepreneurship is more than a means of it is a path to economic independence. from rejuvenating rural regions to promoting entrepreneurship in underrepresented communities,

Nydia M. Velazquez

0:05:10 to 0:05:30( Edit History Discussion )

Nydia M. Velazquez: e.d. makes good economic sense. and in fact evy $1 put into the program puts another $2.87 into the treasury. if you ask me, that is a pretty good return on investment. by modernizing the programs, the returns will only get better. because at the end of the day

Nydia M. Velazquez

0:05:31 to 0:05:40( Edit History Discussion )

Nydia M. Velazquez: strengthening entpreneurial development programs empowers small businesses, allowing them to grow and perhaps most importantly create new jobs for american workers.

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