,,iv #aag? ,,congress #a/ ,session ,h4 ,,con4 ,,res4 #dg ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,augu/ #ag1 #bjba,mr4 ,phillips 7= himself & ,mrs4 ,kim ( ,cali=nia7 submitt$ ! foll[+ concurr5t resolution2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce ,,concurr5t ,,resolution ,support+ ! designation ( ,augu/ #ah1 #bjba1 z ,congressional ,/>tup ,day4 ,:]eas ! t]m />tup g5]ally ref]s to an innovative1 te*nology-enabl$1 & gr[?-ori5t$ company f\nd$ by "o or m entrepr5eurs to develop a unique product or s]vice & br+ x to m>ket2 ,:]eas />tups1 p>ticul>ly e>ly /age companies1 contribute to a sizable portion ( ! ,am]ican work=ce & are ! driv+ =ce beh9d mo/ new job creation 9 ! ,unit$ ,/ates2 ,:]eas1 f #bjaj to #bjah1 />tups acc\nt$ = approximately #cj p]c5t ( employm5t ga9s 9 ! ,unit$ ,/ates ea* ye>2 ,:]eas />tups t are less ?an a ye> old creat$ approximately ?ree million jobs 9 #bjai2 ,:]eas />tups & small bus9esses employ #fj million p across ! ,unit$ ,/ates1 ne>ly half ( ! ,am]ican work=ce2 ,:]eas />tups are driv+ economic gr[? & job creation all ov] ! ,unit$ ,/ates1 z almo/ half ( all new />tups are e/abli%$ outside ( ! #ce l>ge/ metropolitan areas 9 ! c\ntry2 ,:]eas />tups across ! c\ntry h be5 an integral "p ( ! national response to ! ,,covid-#ai p&emic1 b are 9 desp]ate ne$ ( support f ,congress 9 ord] to fur!r protect _! entrepr5eurs & _! employees2 ,:]eas />tup companies h fac$ major lay(fs 9 ! wake ( ! p&emic2 ,:]eas />tups & small bus9esses h _h _! access to capital f inve/ors significantly r$uc$ due to ! p&emic2 ,:]eas ! designation ( ,augu/ #ah1 #bjba1 z ,congressional ,/>tup ,day recognizes ! commitm5t ( ?is ,congress to promot+ div]sity & inclusiv5ess )9 ! entrepr5eurial community1 includ+ />tups f\nd$ by wom5 & entrepr5eurs ( color2 ,:]eas entrepr5eurs f und]repres5t$ communities are less likely to receive bank loans & o!r =ms ( inve/m5t & des]ve equal opportunity & support2 & ,:]eas at ! "t ( laun*+ _! v5ture1 only #be p]c5t ( ,black & ,lat9o entrepr5eurs h ano!r bus9ess own] 9 _! network1 & gr[+ _! v5tures is (t5 cont+5t ^u support f ! entrepr5eurial community z well z our c\ntry3 ,n[1 !re=e1 be x ,t ,congress-- 7#a7 recognizes ! importance ( />tups to ! ,am]ican economy2 7#b7 supports ! goal ( assi/+ />tups 9 wea!r+ ! economic d[nturn caus$ by ! ,,covid-#ai p&emic2 & 7#c7 commits to promot+ equal economic opportunity = und]repres5t$ entrepr5eurs ( all backgr\nds1 includ+ entrepr5eurs :o are ,black1 ,lat9o1 ,native ,am]ican1 ,asian ,am]ican & ,pacific ,isl&]s1 & wom54