Small Businesses

Small businesses are the heart of the American economy.  Our country’s small businesses employ half of the nation’s private sector workforce and create a large portion of America’s new jobs. It is critical that small businesses play a significant role in our efforts to restore America’s economic strength and the growth of Memphis.

Growing small businesses – specifically businesses owned by minorities and women entrepreneurs - has been a recent topic in Memphis. Opening new doors for small businesses here in the United States and internationally is essential. For Memphis businesses to grow, we must ensure they are represented in the federal government’s procurement process. One of the largest customers of goods and services is the federal government, and last year small businesses in the U.S. received nearly 1.8 million contracts totaling almost $90 million.

In an effort to ensure that small businesses in Memphis have the information that they need, I have for several years hosted a Federal Procurement Fair to help small business owners who want to do business with the U.S. government. The Department of Transportation, Department of Energy, Minority Business Development Agency, Department of Housing and Urban Development, Small Business Administration and other federal agencies attend to help explain the federal contracting process and the basic requirements of engaging in business with the federal government.

Expanding the American workforce and supporting small businesses is an economic imperative. As we continue with that work, it is important for the public and private sectors to work together. I am committed to playing my part to support and empower hardworking American families, protect jobs and support small business growth in the Memphis area.

More on Small Businesses

January 13, 2022 Press Release

MEMPHIS – Congressman Steve Cohen (TN-09) announced today that three Memphis area arts organizations will share $45,000 in National Endowment for the Arts grants. Creative Aging Memphis will receive $10,000 for art projects and multidisciplinary works; Indie Memphis will receive $20,000 for media arts projects; and the University of Memphis will receive $15,000 to research the availability of grants in the arts.

December 15, 2021 Press Release

MEMPHIS – Congressman Steve Cohen (TN-09), a senior member of the Committee on Transportation and Infrastructure, today announced that Tennessee will receive $1,119,497,252 for roads and bridges through the Infrastructure Investment and Jobs Act. Congressman Cohen voted for the measure which President Biden signed into law last month.

November 19, 2021 Press Release

WASHINGTON – Congressman Steve Cohen (TN-09) today voted for and the House passed the Build Back Better Act, a once-in-generation investment in the people of our country and in the future of our climate.

November 17, 2021 Press Release

WASHINGTON – As President Joe Biden touted the Infrastructure Investment and Jobs Act he signed into law on Monday with a tour earlier today of a General Motors plant in Detroit devoted to electric vehicles, Congressman Steve Cohen, a senior member of the Transportation and Infrastructure Committee, noted that Ford Motor Company’s “Blue Oval City” investment in batteries and electric vehicles will transform the industry in West Tennessee. 

November 15, 2021 Press Release

 

WASHINGTON – Just hours before President Biden is expected to sign the Infrastructure Investment and Jobs Act into law, Congressman Steve Cohen (TN-09), a senior member of the Committee on Transportation and Infrastructure, spoke from the House floor about the important elements in the bill the House passed on November 5.

November 6, 2021 Press Release

WASHINGTON – Congressman Steve Cohen (TN-09), a senior member of the Judiciary and Transportation and Infrastructure Committees, today voted for the rule for consideration of the Build Back Better Act, historic legislation investing in the nation’s social safety net.

November 5, 2021 Press Release

WASHINGTON -- Congressman Steve Cohen (TN-09), a senior member of the Committee on Transportation and Infrastructure, tonight voted for the bipartisan Infrastructure Investment and Jobs Act (IIJA). Congressman Cohen has repeatedly pointed to the positive impacts this bill will have on Memphis and nationwide from economic growth, increased labor participation, and enhanced U.S. competitiveness.

November 4, 2021 Press Release

WASHINGTON – Congressman Steve Cohen (TN-09), a senior member of the Transportation and Infrastructure Committee, spoke from the House floor today, applauding a variety of popular elements in the Build Back Better plan nearing a vote in the House including the extension of the Biden Child Tax Credit, the expansion of access to affordable home care for older adults, the authorization of universal, comprehensive paid leave for U.S. workers, and the largest effort to combat climate change in U.S.

November 3, 2021 Press Release

WASHINGTON – Congressman Steve Cohen (TN-09), a senior member of the Transportation and Infrastructure Committee, spoke from the House floor and expressed hope that both the Bipartisan Infrastructure Framework, known as the Infrastructure Investment and Jobs Act – which has passed the Senate – and the Build Back Better Act, which is still being negotiated, will pass with bipartisan support.

October 27, 2021 Press Release

WASHINGTON – Congressman Steve Cohen (TN-09) today spoke from the House floor, endorsing the Build Back Better plan that will strengthen the nation’s social safety net, invest in climate action, and cut taxes for the middle class.

In his floor speech, Congressman Cohen said: