On the recordMay 2, 2024
I rise today as chair of the Committee on Small Business and Entrepreneurship to recognize National Small Business Week and honor the more than 33 million small businesses that drive the American economy. Across the Nation, small businesses contribute to about half of our economy's GDP and create about two-thirds of new jobs. They even produce 16 times more patents than large businesses. There is no American economy without the small business economy. In my home State of New Hampshire, 99 percent of our businesses are small businesses. They employ about 50 percent of Granite Staters and are led by some of the most determined and creative individuals I know. Take, for example, Counseling Associates, a women-owned small business filling the mental health services gap in the Granite State. Susan Borchert and Betsy Harrison, cofounders of Counseling Associates, received the 2024 New Hampshire Small Business Persons of the Year award. Congratulations, Susan and Betsy. After years of working together and motivated by a shared passion for expanding affordable healthcare, Susan and Betsy leveraged their combined 40 years of clinical experience and founded Counseling Associates in 2004. Thanks to support from the Small Business Administration and years of consultation from New Hampshire's Small Business Development Center, they have expanded to employ over 85 professionals in five different locations.…
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