ANCHORAGE, Alaska (AP) – A U.S. senator from Idaho held an oversight hearing in Anchorage to receive feedback from Alaska business leaders on Small Business Administration programs.
The Alaska Journal of Commerce reports Republican Sen. Jim Risch, chairman of the Committee on Small Business and Entrepreneurship, aimed for the hearing last week to gather insight into how and if the programs are helping businesses navigate the federal contracting system.
Alaska Native corporations and professional trade sector businesses testified that federal regulations often cause difficulty for the administration to efficiently guide the small businesses.
According to Risch, federal contracting for Alaska small businesses grew by more than $200 million last year. The administration helped U.S. small businesses contract for more than $105 billion of total federal work last year.
Information from: (Anchorage) Alaska Journal of Commerce, http://www.alaskajournal.com
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