Doris Matsui: “Madam Chairman, the bill before us today is a good one. I would like to commend Chairwoman Velazquez, Chairman Gordon…”

“Madam Chairman, the bill before us today is a good one. I would like to commend Chairwoman Velazquez, Chairman Gordon and Chairman Wu for their hard work on this timely legislation. Madam Chairman, in many cities and towns across the country, business incubators provide a valuable service. They help young businesses survive and grow. They provide guidance, business tools, space, contacts, and the know-how to run a company. Incubators can dramatically increase the success of new companies. Across the United States, incubators have already nurtured tens of thousands of new companies to great success. Their efforts have helped grow our economy and create both jobs and profit. In these challenging economic times, a good idea is often not enough to guarantee success. Many young companies need further business expertise in order to avoid failing. In my hometown of Sacramento, the CleanStart incubator is helping grow a whole suite of clean energy companies. These businesses are developing the cutting-edge technologies that will power our economy and protect our environment in the future.”