WASHINGTON -- The Senate today passed a resolution sponsored by Sen. John F. Kerry (D-Mass.) and Sen. Olympia J. Snowe (R-Maine) that honors America’s small businesses and the Small Business Administration (SBA) during National Small Business Week, April 25-29.

"Small businesses and entrepreneurs are America's single greatest economic resource. Time and again, it is small business -- not large corporations -- that have pulled our economy out of trouble, that have developed technological breakthroughs, and that have changed the way we do business in America for the better," said Kerry, top Democrat on the Committee on Small Business and Entrepreneurship. "For many entrepreneurs, the SBA is their only chance to earn their fair share of the American Dream, and we must ensure the SBA is adequately funded and that their doors are open to everyone."

The Kerry-Snowe resolution, S.Res 120, honors the nation’s 25 million small businesses for their innovation and economic importance. It recognizes the critical role played by the SBA in helping small businesses and entrepreneurs create opportunities for success.

“For more than 50 years the Small Business Administration has helped approximately 22 million Americans start, grow and expand their businesses and has placed almost $250 billion in loans and venture capital financing into the hands of entrepreneurs,” reads the resolution.

Kerry, an honorary co-chair of the SBA's National Small Business Week Celebration, will speak at the National Air & Space Museum on Tuesday, April 26, 2005, to continue his tribute to America's small businesses and entrepreneurs. Kerry is a past Chairman and the current Ranking Member on the Senate Committee on Small Business and Entrepreneurship.