REP. RUBEN KIHUEN: RURAL BUSINESS OWNERS DESERVE A FAIR SHOT

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Washington, April 17, 2017 | comments

FOR IMMEDIATE RELEASE
April 17, 2017
Contact: Miguel Salazar, 202-225-9894
Press.Kihuen@mail.house.gov

WASHINGTON, D.C. – Today, Representative Ruben J. Kihuen introduced the “More JOBS for Rural Areas Act” which would require the Securities and Exchange Commission to issue a report on access to capital in rural areas for small businesses. The report would seek to identify best practices for small businesses seeking access to capital, assess possible barriers for small businesses in rural areas seeking capital, provide recommendations to improve communications between investors and small businesses, and how to raise awareness about venture capital funding opportunities for rural small businesses:

“Starting a small business brings a unique set of obstacles for every owner. But in a rural community running a small business is even more of a challenge, complicated by limited access to capital and difficulty connecting and communicating with investors. Small businesses are the backbone of the American economy – we should make every effort to foster entrepreneurship and innovation wherever it exists.”

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