15 U.S.C. § 631a : US Code - Section 631A: Congressional declaration of small business economic policy

Search 15 U.S.C. § 631a : US Code - Section 631A: Congressional declaration of small business economic policy

(a) Foster small business
For the purpose of preserving and promoting a competitive free
enterprise economic system, Congress hereby declares that it is the
continuing policy and responsibility of the Federal Government to
use all practical means and to take such actions as are necessary,
consistent with its needs and obligations and other essential
considerations of national policy, to implement and coordinate all
Federal department, agency, and instrumentality policies, programs,
and activities in order to: foster the economic interests of small
businesses; insure a competitive economic climate conducive to the
development, growth and expansion of small businesses; establish
incentives to assure that adequate capital and other resources at
competitive prices are available to small businesses; reduce the
concentration of economic resources and expand competition; and
provide an opportunity for entrepreneurship, inventiveness, and the
creation and growth of small businesses.
(b) Capital availability to small business
Congress further declares that the Federal Government is
committed to a policy of utilizing all reasonable means, consistent
with the overall economic policy goals of the Nation and the
preservation of the competitive free enterprise system of the
Nation, to establish private sector incentives that will help
assure that adequate capital at competitive prices is available to
small businesses. To fulfill this policy, departments, agencies,
and instrumentalities of the Federal Government shall use all
reasonable means to coordinate, create, and sustain policies and
programs which promote investment in small businesses, including
those investments which expand employment opportunities and which
foster the effective and efficient use of human and natural
resources in the economy of the Nation.