Congressman Alford Introduces SBA Rural Performance Report Act
Washington, August 25, 2023
Washington, DC – As first reported by The Missouri Times, earlier today, Congressman Alford (MO-04) introduced the Small Business Administration (SBA) Rural Performance Report Act. This legislation will require two reports from the SBA to ensure we understand how they are elevating rural small businesses.
The first is a report on the Office of Rural Affairs (ORA) within the SBA and will include:
The second is a report on the Memorandum of Understand (MOU) entered into by the SBA and U.S. Department of Agriculture (USDA) and will include:
The legislation is co-sponsored by the following Representatives (3):
Congressman Alford issued the following statement:
“Small business owners face many challenges, and that is especially true in rural areas. I was proud to have Jennifer Cassaday from our district come testify last month at our Small Business Committee hearing on rural entrepreneurship. She shared with us the challenges she and other rural small business owners face.
“When I asked the witnesses if they knew about the SBA’s Office of Rural Affairs, they all told me they never heard of it. What the Office is doing to elevate our rural small businesses is unclear. Additionally, agriculture often goes hand-in-hand with rural small businesses, so it is important to see what came of the collaboration between the SBA and USDA. This bill will shed light on the Office and MOU so we can better serve our rural small businesses.”
Congressman Luetkemeyer added:
“Rural communities depend on the success of their small businesses. In small towns, when one business struggles the entire town feels the effect. The SBA exists to ensure the government does not create those struggles. I’m proud to join Congressman Alford in this effort to assess and update federal programs that can and should better support rural small businesses.”
Media inquiries for Rep. Alford should be directed to Austin Higginbotham at email@example.com.