becky cheng district director congresswoman judy chu, ca-27 april 3, 2014
TRANSCRIPT
Federal Legislative Updates
Becky ChengDistrict Director
Congresswoman Judy Chu, CA-27April 3, 2014
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
Rep. Chu Fights:
More Opportunities forWomen Small Business Owners
March 10, 2014 Cal State University-Los Angeles
Speakers: Leader Pelosi, CA Senator Mitchell, Hilda Solis• Discussion on Women’s Economic Agenda
1. Equal & Fair Compensation2. Paid leave & Health Work-Family Balance3. 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
Rep. Judy Chu Believes:
“When Women Succeed, America Succeeds”
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
Rep. Judy Chu Celebrates:
45th Anniversary of Minority Business Development Agency (MBDA)
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.
Rep. Judy Chu Welcomes:
Maria Contreras-Sweet as SBA Administrator
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
Rep. Judy Chu Sets Up:
Small Business Development Center (SBDC) at Pasadena City College (PCC)
• business plan development• manufacturing assistance• financial packaging• lending assistance• exporting & importing support
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
Rep. Judy Chu Helps:
Small Businesses Get Vital Investment Capital
Rep. Judy Chu Hosts:
5th Annual Women of Distinction Awards
Alhambra - Adele Andrade Stradler Altadena – Sandra Thomas Arcadia – Sandy Ho Bradbury - Serena Burnett Claremont – Monica Argandona Glendora – Nikki Vitale Monrovia – Donna BakerMonterey 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 LiouUpland – Sandy Forney
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:
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
Rep. Judy Chu Hosts:
Congressional Artistic Discovery 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
Rep. Judy Chu Hosts:
1st Annual Congressional STEM Competition