On the recordJanuary 10, 2017
I thank the gentleman for yielding and for his leadership on this issue. I rise in strong support of H.R. 79, the bipartisan HALOS Act. As the chairman of the House Small Business Committee, I have the honor and pleasure of hearing and speaking with many of America's small-business owners and their employees almost every day. I hear case after case of small-business owners working days and nights and weekends. I hear stories of sacrifice. I hear inspiring stories of success. But all too often, I hear about how the government continues to make it difficult for small businesses to prosper and grow and create more jobs, which is, obviously, very important to our Nation and its economy. Perhaps one of the most common and most alarming concerns is just how difficult it is for entrepreneurs who are starting out to access the capital they need in order to grow. We must provide entrepreneurs a better way to build their businesses. The HALOS Act does just that. The Helping Angels Lead Our Startups Act expands access to capital by ensuring small businesses are able to continue to connect and interact with angel investors. One popular way in which small businesses connect with angel investors is through demo days. These exciting events are sponsored by universities, nonprofits, local governments, and many other groups that allow entrepreneurs to showcase their products and informally meet investors and customers.…





