Small firms are the backbone of the American economy, and nowhere is that more clear than in New York City. More than 200,000 small businesses throughout the Big Apple produce $4.5 billion per year in revenue, helping to make our city the vibrant and diverse place that it is.
As Chairwoman of the House Committee on Small Business, Congresswoman Velázquez is dedicated to helping entrepreneurs. She supports initiatives to limit the impact that rising energy costs and regulatory and tax burdens have on small businesses. Small firms also need assistance from Congress to secure better financing for capital purchases, obtain world-class training and development programs, and open doors to sell their products and services around the globe. Assisting small firms secure affordable health insurance for themselves and their employees is another top priority.
Our nation has always relied on the proven innovation and flexibility that comes with a small business economy. Entrepreneurs count on Congresswoman Velázquez as an unyielding advocate of their rights and needs, and can be certain that she will continue her efforts to provide them with the tools needed to succeed.
More on Small Business
Washington, DC - Rep. Nydia M. Velázquez (D-NY) has written Governor Cuomo urging him to officially designate damage from recent looting of small businesses a disaster. Doing so would allow impacted New York City small businesses to apply for federal disaster loans through the Small Business Administration.
Congress has taken a number of steps to help small businesses weather the economic hardship brought on by the COVID-19 pandemic.
Washington, DC – Rep. Nydia M. Velázquez released the following statement regarding Small Business Administration lending programs and Puerto Rico:
“Puerto Rico’s economy was already struggling before COVID-19. Decades of neglect followed by historic hurricanes and recent earthquakes had already made a tough situation worse. Now, with the Island on lockdown in response to COVID-19, businesses, families and workers are suffering even more.
Washington, D.C.— Today, House Small Business Committee Chairwoman Nydia M. Velázquez (DNY) spoke on the House floor on the Paycheck Protection Program and Health Care Enhancement Act. Below are her remarks, as prepared for delivery:
Washington, DC – Members of the New York City Congressional delegation today wrote Treasury Secretary Steven Mnuchin and Small Business Administration (SBA) Administrator Jovita Carranza, calling for swift remediation of problems in small business aid programs recently enacted as part of the “CARES Act.”
Grant Program Would Partner Nonprofits, Small and Medium Eateries to Address Nutrition Needs
Washington, DC – Legislation authored by Rep. Nydia M. Velázquez (D-NY) would establish a new program to help meet staffing shortages at antihunger nonprofit organizations in New York City and throughout the nation. Under the bill, the “Community Meals Fund”, nonprofits could qualify for grants of $500,000 to partner with small and mid-sized restaurants for the preparation and distribution of food to vulnerable populations.
As the COVID19 epidemic continues, it is important that New Yorkers have access to reliable information.
Please utilize the following information to prepare yourselves and address any problems or pressing concerns you may have.
Residents of New York's 7th Congressional District may always contact the Congresswoman's office for help. The best way to do so is by using this online form. Submissions are checked daily.
Updated May 19
On March 18th, Congresswoman Nydia M. Velázquez hosted a telephone townhall with local, state and federal experts to answer questions from New Yorkers.
Audio of that discussion is available by clicking here.