News From the
Committee on Small Business
Nydia M. Velázquez, Chairwoman

CONTACT: Erin Donar / Jaime Zapata,  (202) 226-3636

Chairwoman Velázquez Honored by American Legion

WASHINGTON, D.C. — The American Legion today recognized Rep. Nydia M. Velázquez (D-NY) for her efforts on behalf of current and past members of the U.S. military.  As Chairwoman of the House Committee on Small Business, the Congresswoman has fought to expand opportunities for veteran entrepreneurs.  She has also worked to ensure returning troops are better able to transition into the nation’s small business economy.

There are more than four million veteran-owned small firms across the nation, and over 20 percent of U.S. service members have either purchased or started new businesses.  “These men and women—who have already served our country in the military—now provide significant contributions to job growth and local economies.  The least we can do is help them succeed in those efforts,” said Chairwoman Velázquez. 

In presenting her with the award, the Legion highlighted the Chairwoman’s leadership on the Military Reservist and Veteran Small Business Reauthorization and Opportunity Act of 2008 (H.R. 4253). The legislation was signed into law earlier this year.  It helps reservists strengthen their businesses, and provides veterans with entrepreneurial training to help them transition skills learned in the military into the private sector.

“The American legion recognizes Chairwoman Velázquez’s commitment to helping America’s veterans. Her support of legislation that helps to protect reservist and veteran small business owners, and improve business opportunities for all veterans is commendable,” said American Legion National Commander Marty Connatser.  “It is imperative that we, as a nation, work to ensure the brave men and women who serve in our Armed Forces, are not threatened with economic hardships as a result of their service.”

Moving forward, Chairwoman Velázquez will continue to champion the issues that affect veteran entrepreneurs most. “That includes expanding access to capital and business development assistance, a thoughtful restructuring of the Veterans Corporation, and addressing the unique challenges faced by women veterans,” she said.

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