Ranking Member Edward J. Markey

Ed-Markey

Senator Edward J. Markey has supported small businesses across the Commonwealth of Massachusetts and the country for decades, and has served on the Senate Small Business and Entrepreneurship Committee since his election to the Senate in 2013. As Ranking Member, Senator Markey is working to build a fair, just, thriving economy for entrepreneurs and to support the 34 million small businesses across the country, including 720,000 in Massachusetts and their 1.4 million workers. Massachusetts is a small business beacon and a leader in the innovation and clean energy economy. 

Senator Markey championed inclusion of a national climate bank network and clean energy tax incentives in the Inflation Reduction Act to help small businesses lower their energy costs and support small businesses in installing renewable generation and energy-efficient technologies. In July 2024, Senator Markey and the Administrator of the Small Business Administration announced new initiatives to attract additional private capital in support of clean energy investments. 

As a senior member of the committee, Senator Markey worked to provide small businesses with resources and support needed to survive the economic downturn caused by the COVID-19 pandemic and fought for a fair distribution of relief for programs such as the Paycheck Protection Program (PPP), Restaurant Revitalization Fund, Economic Injury Disaster Loans, and the Shuttered Venue Operators Grant. Since joining the committee, Senator Markey has been an outspoken champion of the Small Business Innovation and Research (SBIR) and Small Business Technology transfer (STTR) programs and in 2019 introduced legislation to expand the SBIR program. In 2021, during the COVID-19 pandemic, Senator Markey introduced legislation to ensure greater equitable distribution of Paycheck Protection Program loans. In the 118th Congress, Senator Markey introduced legislation to provide opportunity grants to aspiring entrepreneurs in underserved communities.