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Federal Legislative Updates

Federal Legislative Updates. Becky Cheng District Director Congresswoman Judy Chu, CA-27 April 3, 2014. Rep . Chu Fights: More Opportunities for Women Small Business Owners. March 5, 2014 H.R. 4094, Contract Accessibility Improvement Act

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Federal Legislative Updates

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  1. Federal Legislative Updates Becky Cheng District Director Congresswoman Judy Chu, CA-27 April 3, 2014

  2. Rep. Chu Fights:More Opportunities forWomen Small Business Owners • March 5, 2014 • H.R. 4094, Contract Accessibility Improvement Act • Raise federal government’s goal of contracts awarded to women-owned small businesses • Bi-partisan support

  3. Rep. Judy Chu Believes:“When Women Succeed, America Succeeds” • March 10, 2014 • Cal State University-Los Angeles • Speakers: Leader Pelosi, CA Senator Mitchell, Hilda Solis • Discussion on Women’s Economic Agenda • Equal & Fair Compensation • Paid leave & Health Work-Family Balance • Affordable Child Care • Jobs Resource Fair • Planned Parenthood of SGV • Mothers’ Club • Dept of Labor, Women’s Bureau & Wage/Labor • Foothill Workforce Investment Board • API Small Business Program • American Association of University Women

  4. Rep. Judy Chu Celebrates:45th Anniversary of Minority Business Development Agency (MBDA) • March 5, 2014 • Funded under US Department of Commerce • The Minority Business Development Agency (MBDA) was originally established as the Office of Minority Business Enterprise by President Richard M. Nixon on March 5, 1969 • A federal agency dedicated exclusively to minority business enterprises, the impact of minority businesses on the nation’s economy and on the general welfare of the country is recognized • Business support for over 5.8 million minority-owned business

  5. Rep. Judy Chu Welcomes:Maria Contreras-Sweet as SBA Administrator • March 27, 2014 • New Small Business Administration (SBA) Chief • 2nd Hispanic Cabinet member under President Obama’s Administration • In 1996, founded & served as Chairwoman of ProAmerica Bank in Los Angeles • In 1999, was California's first state Latina Cabinet secretary, heading the Department of Business, Transportation and Housing under former Governor Gray Davis until 2003.

  6. Rep. Judy Chu Sets Up:Small Business Development Center (SBDC) at Pasadena City College (PCC) • Small Business Development Centers (SBDCs) • Provide assistance to small businesses and aspiring entrepreneurs • SBDCs are hosted certain agencies, funded in part through a partnership with Small Business Administration (SBA) • Free business consulting & low-cost training services including: • disaster recovery assistance • Procurement & contracting aid • market research help • healthcare guidance • business plan development • manufacturing assistance • financial packaging • lending assistance • exporting & importing support

  7. Rep. Judy Chu Helps:Small Businesses Get Vital Investment Capital • March 18, 2014 • Commercial Real State & Economic Development (CREED) Act • Refinance existing commercial mortgages • Lower monthly payments • Place more capital back to small businesses • Counterpart to Senate’s CREED Act bill • Extends the 504 loan financing program for 5 years • In 2012, last year of the program, over 2,400 small businesses benefited from refinancing of over $2.2billion

  8. Rep. Judy Chu Hosts:5th Annual Women of Distinction Awards • Annual district wide function that recognizes outstanding women, 1 from each city, for their work and contribution to their respective communities • Collaboration with City of Sierra Madre • 2014 Honoree: Alhambra - Adele Andrade Stradler Altadena – Sandra Thomas Arcadia – Sandy Ho Bradbury - Serena Burnett Claremont – Monica Argandona Glendora – Nikki Vitale Monrovia – Donna Baker Monterey Park – Chau Hua Pasadena – Tracey Cooper-Harris Rosemead – Polly Low San Gabriel – Denise Menchaca San Marino – Grace Huang Sierra Madre – Amy Putnam South Pasadena – Marina Khubesrian Temple City - Lucy Liou Upland – Sandy Forney

  9. Rep. Judy Chu Hosts:Congressional Artistic Discovery Competition • Congressional Art Competition • The winning entries (1 from each Congressional District) are displayed in the corridors of the U.S. Capitol and bothRep. Chu’s Washington & District Office for 1 year with scholarships • High school students • Deadline 4/11/2014 • http://chu.house.gov/congressional-artistic-discovery-competition

  10. Rep. Judy Chu Hosts:1st Annual Congressional STEM Competition • Science, Technology, Engineering and Math (STEM) Academic Competition, the “House App Contest.” • Development of software application, or “app,” for mobile, tablet, or computer devices on a platform of choice • High school students • Deadline 4/30/2014 • http://chu.house.gov/house-stem-competition

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