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ICYMI: Shaheen-Led Bills to Support Small Businesses Are Now Law

ICYMI: Shaheen-Led Bills to Support Small Businesses Are Now Law

January 04, 2023

**The expenditures led by Shaheen will defend little companies from cybersecurity threats and expand entry to disaster guidance.**

(Washington, DC) – U.S. Senator Jeanne Shaheen, a senior member of the Senate Committee on Little Company and Entrepreneurship, announced that two expenditures she led to assistance compact enterprises with cybersecurity and recover from organic disasters were being not too long ago signed into law.

The Smaller Enterprise Cyber Education Act, led by Shaheen and Senator Marco Rubio (R-FL), would call for the Modest Organization Administration (SBA) to create a schooling software for Modest Business Growth Centers (SBDCs) to prepare counselors in cybersecurity planning aid. Specifically, the monthly bill would have to have SBDCs to have personnel accredited in cyber method counseling for tiny enterprises and supply money to educate all those personnel.

“Cyberattacks can expense compact business house owners precious sources and expose consumers’ non-public information to criminals. The little organization group deserves enable to mitigate these attacks,” claimed Shaheen. “I’m thrilled the Small Enterprise Cyber Instruction Act is now legislation, which will arm tiny company owners with important cyber stability schooling so they can swiftly identify and respond to threats to their businesses. This new legislation will help make digital resiliency in our neighborhood economies and improved secure both equally business owners and their customers from cyber criminals.”

The textual content of the monthly bill can be browse listed here.

In addition, the Catastrophe Guidance for Rural Small Businesses Act, led by Shaheen and Senator Jim Risch (R-ID), was also signed into law. The bipartisan laws would make it possible for rural communities to extra conveniently access crisis aid in the wake of a all-natural disaster.

Underneath present-day law, bureaucratic roadblocks protect against little businesses and home owners in rural communities from accessing SBA help pursuing a pure catastrophe. This laws generates a waiver at no price to taxpayers, allowing rural communities to more commonly entry and secure SBA catastrophe aid in the situation of a presidentially-declared disaster.

“After a catastrophe strikes, rural compact enterprises normally experience several barriers and pink tape as they rebuild,” said Shaheen. “Entrepreneurs across New Hampshire should have well timed obtain to the reduction they need to get well. I’m thrilled my bipartisan, commonsense monthly bill has been signed into regulation and will now help handle these bureaucratic hurdles so rural business proprietors can entry the crisis resources they ought to have.”

The text of the monthly bill can be examine in this article.

As a senior member of the Senate Committee on Compact Enterprise and Entrepreneurship and as a former little company operator, Senator Shaheen is a fierce advocate for New Hampshire’s tiny organization local community. For the duration of the peak of the COVID-19 pandemic, Shaheen went to bat for tiny business house owners who were amongst the most seriously impacted by the community health disaster. She labored to offer smaller companies with the resources they desired to weather conditions and recuperate from the financial effect of the COVID-19 pandemic, top negotiations on provisions in the Coronavirus Support, Reduction and Financial Stability (CARES) Act, which founded the Paycheck Protection Program (PPP) and expanded the Economic Harm Catastrophe Bank loan Method, both of those of which have been lifelines for firms in the course of New Hampshire and the state. A short while ago, President Biden signed into regulation a Shaheen-led bill to demand the SBA to create a centralized web site that houses compliance guides pertaining to federal laws impacting smaller enterprises.

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