PRESS RELEASE
From the Office of State Senator Leticia Van de Putte

For Immediate Release
December 15, 2008
Contact: Tiffany Champion, (210) 733-6604

Senator Van de Putte and Representative Rose file legislation to help small businesses

(AUSTIN, TX)-- On Friday, December 12, 2008, Senator Leticia Van de Putte (D-San Antonio) and Representative Patrick M. Rose (D-Dripping Springs) filed legislation to encourage the Governor to award more grants to small businesses applying for the Texas Enterprise Fund. The bill encourages the Governor to create grants from the Enterprise fund for the creation, development and location of small businesses in this state.

The Governor's Enterprise Fund was created to stimulate business development and economic growth in Texas; however, few grants are made to small businesses. Small businesses create nearly two-thirds of all new jobs in Texas, and are of vital importance to our economy. Senate Bill 355 and House Bill 394 will make a positive change by increasing Texas' investment in small businesses and the jobs they create.

"When the legislature created the Texas Enterprise Fund, it was to encourage businesses to come to Texas and create jobs. Small businesses are the backbone of our economy. In these tough economic times, we must strive to assist the small business community," said Van de Putte.

"The strength of our economic future depends on a robust, small business foundation. It is critical that the state invest in creating and supporting these types of jobs," said Rose.

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