Small businesses form the backbone of our economy. They account for half of our gross domestic product, more than half our jobs, and three-fourths of new jobs created each year. Leading this growth in recent years have been women and minority enterprises. Small businesses also contribute innovations in manufacturing, technology and services. Many of the biggest household name brands started out small, with just a few employees.
Each day, American entrepreneurs go to work with a vision: the age-old American Dream of a better life for themselves, their children, and their community. The House Small Business Committee is dedicated to this vision. We strive to support new and small businesses through open access to loans, credit and capital. We advocate fair and true tax relief for small business. We work to open the lucrative federal marketplace to entrepreneurs, reduce onerous paperwork, and give small companies the tools they need to take care of their employees and build their companies. All with the conviction that American enterprise forms the foundation of our prosperity.