By Liz Borod

What's in a name? Plenty, if it's the one given to a Senate committee and you're its new leader.

Indeed, when Sen. John Kerry (D-Massachusetts) won the chairmanship of the Senate Small Business Committee in June, his first order of business was to change the name to the Senate Committee on Small Business and Entrepreneurship, on July 2. The name change passed under a bipartisan resolution, after Republican Sen. Jim Jeffords of Vermont changed parties and tilted the balance of power in the Senate. "This name change sends the message that we are going to represent the interests of the broadest imaginable small business community--including entrepreneurs in the small business world and the tech community who are the driving force behind high growth businesses with high wage jobs," said Kerry in a press release. The committee plans to address concerns of entrepreneurial ventures, such as raising capital, that don't affect traditional mom-and-pop businesses as much.

Bob Morgan, president of the Council of Growing Companies, an organization of CEOs based in McLean, Va., says he is excited that the Senate is reaching out to small, fast-growing firms. Entrepreneurship, he says, "may be just one word, but it means so much more than that."

The House committee has no plans to change its name. "It's a big deal to change a name," says Rich Carter, press secretary to Chairman Donald Manzullo (R-Illinois), citing costs like ordering stationery with the new title. "We're focusing on other issues, like procurement and the patients' bill of rights."