WASHINGTON, DC – U.S. Senator Jacky Rosen (D-NV), a member of the Senate Small Business and Entrepreneurship Committee, led her colleagues in sending four letters to Senate Appropriators requesting robust funding to support a wide array of small businesses in Nevada. These requests would provide $37 million for the Rural Business Development Grant Program and $10 million for the Federal and State Technology Partnership Program to support the growth and development of small businesses in rural areas across the nation. These letters also call for eliminating burdensome barriers to capital for certain small businesses – specifically providing nonprofit child care providers with greater access to loans from the Small Business Administration (SBA), and allowing legal cannabis small businesses in Nevada, and other states where cannabis is legal, to access SBA programs and resources.
“Small businesses are the backbone of Nevada’s economy, which is why I’m leading efforts to cut through bureaucratic red tape that prevents them from accessing capital and working to secure the federal funding for resources they need to thrive,” said Senator Rosen. “As a member of the Committee on Small Business and Entrepreneurship, I’ll always advocate for Nevada’s small businesses and fight to support them.”
The full text of the Rural Business Development Grant Program letter can be found HERE.
The full text of the Federal and State Technology Partnership Program letter can be found HERE.
The full text of the SBA child care letter can be found HERE.
The full text of the SBA cannabis letter can be found HERE.
As a member of the Committee on Small Business and Entrepreneurship, Senator Rosen has been a champion for Nevada’s small businesses. Last year, she announced her support for the bipartisan Combating Organized Retail Crime Act to give law enforcement the resources they need to protect small businesses from organized retail crime. Senator Rosen also helped introduce the Expanding Access to Capital for Rural Job Creators Act to help eliminate hurdles small businesses in rural areas disproportionately face trying to access capital. She also introduced the One Stop for Small Business Licensing Act to create a centralized online resource hub for new small businesses to find information about federal, state, and local permitting and licensing requirements.
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