Yesterday the House Small Business Committee held a hearing that examined the impact broadband is having on American small businesses. You don’t have to look far to find an economist that says both small business and broadband are crucial to the growth of the American economy. Committee Chairwoman Nydia Velazquez (D-NY) said that the number of jobs dependent on broadband are expected to grow by 25% over the next 10 years.
Long-time NextGenWeb contributor and small business owner Tom McDonald, CEO of BeSafe Technologies, was one of the panelists called to testify. McDonald told members that the broadband expansion America has witnessed over the past several years has been instrumental to the growth of his and other small businesses throughout the country. While he said it is tough out there on Main Street right now, that he is optimistic that the broadband explosion will continue in the years ahead. A caveat he added was that “certainty of the rules of the game” are critical and that he is worried about the uncertainty that could be created around the Title II issue unfolding at the FCC (more on that in our interview below). Ranking Member and Rep. Sam Graves (R-MO), cautioned that regulatory schemes which discourage investment in broadband infrastructure are not only harmful to small business, but also consumers.
Evan Burfield, (@eburfield) President and CEO of the Synteractive Corporation said in his testimony, “I know Congress and policy makers are paying close attention to ‘Net Neutrality,’ and the Members of this Committee are more attuned to the ongoing policy debate than I am. But as an entrepreneur, I would encourage policy makers to steer clear of foreclosing new business opportunities for small business, including our ability to partner with carriers.”
Concluding the Q&A portion of the hearing McDonald urged members to make sure that “today’s solution is not tomorrow’s problem” when it comes to facilitating continued growth in the broadband marketplace. He told committee members that the growth of broadband penetration is an American success story, and that while there is more work to do we shouldn’t invoke policies that could stifle the growth we’re already seeing.
Be sure to check our interview with BeSafe CEO Tom McDonald below outside the U.S. Capitol.
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