Mr.
Speaker, I commend my colleagues on the Small Business Committee for their
work on HR 1497, the Women's Business Center Sustainability Act of 1999.
This legislation, before the House today will improve the Small Business
Administration's Women's Business Center Program.
The
women's business center program has helped start and improve woman owned
businesses in my district and across the country. During my service
on the Small Business Committee I heard two suggestions from women's business
center directors: Make funds available to start women's business
centers in every state, and allow women's business centers to re-compete
for federal matching funds after their fifth year of existence.
Today,
with passage of HR 1497, we will authorize this program through the year
2001 and make women's business centers eligible for another five years
of federal matching funds. Legislation from earlier this session increased
FY 2000 funding for the women's business center program by $3 million and
ensured full funding in the fifth year of operation for women's business
centers.
Women
owned businesses contribute greatly to the American economy and represent
the fastest growing type of American business. With passage of today's
legislation and legislation from the Small Business Committee passed earlier
this session, we have acknowledged the importance of woman-owned businesses
and have made clear our commitment to their success. Support for
the women's business center program translates into successful woman-owned
businesses. I commend my colleagues for bringing this bill to the
floor, I urge all members to vote in support, and I salute the Woman Business
owners and women's business centers across the country.
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