WASHINGTON, DC – Congressman Andy Kim (NJ-03) released the following statement after being named to the House Small Business Committee for the 116th Congress.

“I am excited and eager to serve on the House Small Business Committee,” said Congressman Kim.  “The importance of small businesses, which make up 99.6 percent of our state’s businesses and create 2 out of 3 new jobs, cannot be overstated.  I look forward to finding ways to open doors and promote growth for small businesses across New Jersey’s Third District.”

“Small businesses are the backbone of our local economy and provide invaluable support to the community.  As the only member of the state’s delegation on the Small Business Committee, Congressman Kim’s appointment is an important step forward for New Jersey businesses and we look forward to working with him in this new role,” said Karen Hershey, President and CEO of the Greater Toms River Chamber of Commerce.

According to the Small Business Administration, there are more than 850,000 small businesses in New Jersey that employ nearly half of all employees in the state.  The Small Business Committee has jurisdiction over matters related to small business financial aid and increasing access to capital, regulatory flexibility, paperwork reduction and cutting red tape.

Congressman Kim was recommended to the Small Business Committee by the House Democratic Steering and Policy Committee.  The full Democratic Caucus is expected to formalize the recommendation later today.

###