Labor, Health and Human Services, Education, Agriculture, Rural Development, Energy and Water Development, Financial Services and General Government, Interior, Environment, Military Construction, Veterans Affairs, Transportation, and Housing and Urban Development Appropriations Act, 2022

Floor Speech

BREAK IN TRANSCRIPT

Mr. CROW. Mr. Speaker, I rise to recognize the importance of SCORE and stand in favor of the amendment I introduced with Rep. Spanberger to increase SCORE funding to $21.7 million.

Simply put, this amendment would help build businesses and create jobs.

SCORE is the nation's largest network of volunteer, expert business mentors, with more than 10,000 volunteers across 240+ chapters.

They offer free and confidential advice, and free or low-cost educational workshops to current and aspiring small business owners.

Since 1964, SCORE has helped more than 11 million entrepreneurs to start and grow their small business.

In FY20, SCORE helped its clients to start 45,027 new businesses and create 74,535 new jobs.

It is estimated that this increased funding would help SCORE create over 100,000 additional new businesses and/or jobs, beyond last year's impact numbers.

Moreover, SCORE is cost-effective.

In 2020, SCORE clients generated $67.35 in new federal tax revenue for every $1 appropriated to SCORE.

The need is urgent. As we continue to recover from the COVID pandemic, we need to support entrepreneurs in building businesses and creating jobs. Our response must meet the moment.

BREAK IN TRANSCRIPT

Source