The House and Senate Small Business Committees have been holding a series of hearings on Small Business Administration programs and, generally, the reception for SBA has been pretty frosty. On May 22, the Senate Committee on Small Business and Entrepreneurship held a hearing to examine SBA’s efforts to promote minority business development. While SBA touted data showing an increase in minority business ownership, a bipartisan group of Senators criticized the agency for failure to better track and promote minority contracting opportunities. SBA was also criticized for its failure to take a tough stance against contract bundling. Meanwhile, the House Small Business Committee has passed a package of proposals designed to improve SBA’s outreach efforts to veterans, Native Americans, women, and minority business owners. Similar legislation is also being considered in the Senate.
Access more information about the May 22, 2007 Senate Small Business and Entrepreneurship Committee hearing on minority entrepreneurship.
Learn more about the House Small Business Committee’s efforts to promote entrepreneurial development.
© 2007 The Public Forum Institute and the National Dialogue on Entrepreneurship www.publicforuminstitute.org/nde.
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