The ESOP Association's Immediate Past Chair, and Chairman of Eagle Broadband, Gary Shorman, will testify at the House Committee on Small Business Hearing on "Empowering Employee Owned Businesses and Cooperatives Through Access to Capital." He will represent the interests of ESOPs and The ESOP Association at the hearing.
From the committee website:
The Committee on Small Business will hold a hybrid hearing titled: “Empowering Employee Owned Businesses and Cooperatives Through Access to Capital.” The hearing is scheduled to begin at 10:00 A.M. on Thursday, September 30, 2021 in Room 2360 of the Rayburn House Office Building. Participating members can also join remotely via Zoom.
The hearing will educate Members on the challenges faced by employee-owned businesses in the post-COVID-19 economy, especially in accessing affordable capital. The hearing will also provide Members with a history of the Small Business Committee’s legislative efforts to improve access to the Small Business Administration’s (SBA) 7(a) loan guarantee program for employee-owned firms.
To view a livestream of the hearing, please click here.