According to a press release from U.S. Representative Scott Fitzgerald, today he introduced the American Small Business Competition Act. The release states that the bill increases access to capital for small businesses principally engaged in the research, development, manufacturing, or production of critical and emerging technologies. This bill also contains reporting requirements from the Small Business Administration on the cost of capital for small businesses due to inflation and supply chain disruption over the last three years, and includes recommendations on how to support access to capital for small businesses principally engaged in research, development, manufacturing, and production of critical and emerging technologies.
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