Quigley Recognized With SBIA’s Champion of Small Business Investing Award
CHICAGO – Today, U.S. Representative Mike Quigley (IL-05), who serves as a Member of the New Democrat Coalition, was recognized by the Small Business Investor Alliance (SBIA) for his support of small businesses and was presented with their Champion of Small Business Investing Award. Rep. Quigley previously received the award in 2016.
“I want to thank SBIA for this special award and all the important work they do to support small businesses in our 21st-century, globalized world,” said Rep. Quigley. “Our local communities—and our country as a whole—depend on small businesses to drive economic growth and create jobs, which is why we must create economic conditions that help them succeed. I look forward to continuing to work with SBIA as we ensure that entrepreneurs have the resources they need to start or grow their business.”
“Congressman Quigley has been an incredible advocate for investment in America’s small businesses through his support of the Small Business Investment Company (SBIC) Program,” said SBIA President Brett Palmer. “Small business investors empower growth and job creation across the country, and the legislative work of our Small Business Champions in Congress has been instrumental to facilitating greater capital access for America’s entrepreneurs.”
The Small Business Investment Company (SBIC) Program provides critical growth capital to American small businesses to help them expand their operations and create jobs; they have invested more than $2 billion in Illinois small businesses over the past 10 years.
Rep. Quigley joined the New Democrat Coalition, a group of pro-business Democrats, in 2012 in order to advocate for a shared vision of economic growth and prosperity through trade, innovation, entrepreneurship, and education. Rep. Quigley introduced the SEC Small Business Advocate Act, which was signed into law by President Obama in 2016 to expand small businesses’ voice at the Securities and Exchange Commission (SEC). The creation of the Office of the Advocate for Small Business Capital Formation and formalization of a Small Business Advisory Committee will increase communication on issues affecting small businesses by maintaining a designated representative to advocate on their needs.