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Support for US Small Manufacturing Businesses and Innovation

This act aims to support small manufacturing businesses in the US by making it easier for them to access funding. As a result, citizens can expect greater job stability in the manufacturing sector and strengthened local supply chains, which may lead to product availability and overall economic health.
Key points
Easier access to funding for small manufacturing businesses, potentially helping to create and preserve jobs.
Support for companies managed by new or inexperienced managers, opening doors for new entrepreneurs.
Option for electronic submission of documents, simplifying administrative processes for businesses.
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Additional Information
Print number: 117_HR_2262
Sponsor: Rep. Tenney, Claudia [R-NY-22]
Process start date: 2021-03-26