Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) today met with Isabel Guzman, who has been nominated by President Biden for Administrator of the Small Business Administration (SBA).
“Nevada’s small businesses have been so hard hit by the coronavirus pandemic. From supporting local entertainment and live-events businesses through PPP funding and Shuttered Venue Operator Grants, to protecting franchisees from predatory behavior, the SBA will play a crucial role in providing Nevada’s small businesses the support they need to recover and rebuild. I appreciated the chance to discuss my small business priorities with Ms. Guzman today, and I will continue to review her record in the coming days.”
BACKGROUND:
Senator Cortez Masto has been a strong advocate for small businesses in the Senate. This week, she re-introduced the SECURE Small Business Act to protect small businesses from expensive data breaches and cyber-attacks by establishing a cooperative at the SBA to help small businesses pool their resources to purchase cybersecurity products and services at lower prices, and the Small Business Innovation Voucher Act to create a voucher program at the SBA to provide federal grants for small businesses to partner with institutions of higher education to conduct research and development. She’s also introduced legislation to protect entrepreneurs from bad actors in the franchise industry who use deceptive financial information to sell underperforming or unprofitable businesses, and helped pass legislation to provide SBA grants for independent live music venue operators affected by COVID-19.
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