Political Quotes

“When an entrepreneur starts a business, one of the first challenges they face is getting the money they need to produce their new product or patent their great idea. For small businesses, this has remained a constant struggle. However, we also know that small businesses are vital to our economic growth and, since the recession, have accounted for 60 percent of new net jobs in this country. For these reasons, over 60 years ago Congress created the Small Business Administration, the SBA, and tasked it with the vital mission of ensuring that small businesses can get the capital they need. The Small Business Investment Company, or SBIC, program is a public- private partnership that provides small businesses access to equity and debt financing. It has been extremely successful over the years providing billions in private capital to help promising businesses grow into household names. Pandora, Whole Foods, Apple, even Nike, were all small businesses that received early financing from the SBIC program. In fiscal year 2014 alone, SBICs invested $5.46 billion in small firms that employ approximately 113,000 workers all across America. In my home State of Ohio, more than 2,000 people have jobs today because the SBIC program helped small businesses there in Ohio access the resources that they needed to grow.…”