[Congressional Record Volume 158, Number 76 (Thursday, May 24, 2012)]
[Senate]
[Pages S3620-S3621]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
RECOGNIZING NATIONAL SMALL BUSINESS WEEK
Mr. BOOZMAN. Mr. President, this week marks the 49th annual National
Small Business Week, a time to celebrate the innovations, ideas, and
hard work of our entrepreneurs. Small businesses are the backbone of
our economy, accounting for 65 percent of new jobs over the last 17
years. This vital economic component also employs about half of all
private sector employees.
As a former small business owner I recognize the difficulty these
owners have to plan for future growth and investment. It is our job to
make sure we provide an environment that helps these engines of
economic growth. We need to make sure our small businesses have the
resources they need to continue providing good, well-paying jobs for
hard-working Americans. I was pleased to support the American Jobs Act
in March. This legislation seeks to increase capital formation, spur
the growth of startups and small businesses, and enable more small-
scale businesses to enter public markets.
Arkansans are familiar with what it takes to build a business from
the ground up. As home to Fortune 500 companies--including the world's
largest retailer, Wal-Mart, and the world's largest processor of
chicken, Tyson's--that both started as a small business, residents of
the Natural State understand the risks and rewards associated with
small businesses.
This week the U.S. Small Business Administration recognized the work
of Americans who excel in their work to help small businesses. I am
proud to say that Kelly Massey of the Henderson State University Small
Business and Technology Development Center in Arkadelphia, AR was
recognized as the SBA's Small Business Development Center Counselor of
the Year winner.
[[Page S3621]]
As director of the State's premier business assistance program, Massey
dedicates himself to helping the area's small businesses achieve
success and promoting the mission and goals of the SBDC program to help
spur economic development.
We are also proud of Arkansas Power Electronics International, Inc.,
for its recognition as the 2012 Arkansas State Small Business Person of
the Year. The company continues to strive for success as it develops
the next generation of high energy-efficiency power electronics
systems. APEI is a great small business model, growing from one person
to more than 35 in 15 years, with plans for expansion in the coming
years.
These Arkansas business leaders will help move America into the
future and construct the groundwork for economic recovery. We need to
continue pursuing policies that support the entrepreneurial spirit of
these economic building blocks.
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