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Press Release: Velázquez, Hernández, and McCollum Call for Increased Innovation Grants from U.S. Air Force for Puerto Rican Small Businesses

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Congress members urged the U.S. Air Force to enhance support for small businesses in Puerto Rico and U.S. territories.

Quiver AI Summary

Congresswoman Nydia M. Velázquez, Congressman Pablo José Hernández, and Congresswoman Betty McCollum have sent a letter to the U.S. Air Force Research Laboratory (AFRL) advocating for increased collaboration with small businesses and academic institutions in Puerto Rico and U.S. territories. They emphasize the untapped potential for these entities to contribute to national defense efforts.

The letter highlights the underutilization of local talent and calls for enhanced funding through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. It notes Puerto Rico's high concentration of STEM graduates and encourages outreach and investment to develop defense innovation capabilities within these territories.

The lawmakers assert that a sustained pathway for funding can help build a national security-focused ecosystem in the territories, supporting the economic development and research capacity in areas such as the Indo-Pacific and Caribbean regions.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Nydia M. Velázquez Net Worth

Quiver Quantitative estimates that Nydia M. Velázquez is worth $750.0K, as of July 31st, 2025. This is the 317th highest net worth in Congress, per our live estimates.

Velázquez has approximately $0 invested in publicly traded assets which Quiver is able to track live.

You can track Nydia M. Velázquez's net worth on Quiver Quantitative's politician page for Velázquez.

Nydia M. Velázquez Bill Proposals

Here are some bills which have recently been proposed by Nydia M. Velázquez:

  • H.R.4539: Texture Positive Act of 2025
  • H.R.4004: No Anonymity in Immigration Enforcement Act of 2025
  • H.R.3829: FinCEN–SBA Coordination on Beneficial Ownership Registration Act
  • H.R.3828: Combating Deceptive Immigration Enforcement Practices Act of 2025
  • H.R.3169: SBIR/STTR Reauthorization Act of 2025
  • H.R.2982: Fair Taxation of Digital Assets in Puerto Rico Act of 2025

You can track bills proposed by Nydia M. Velázquez on Quiver Quantitative's politician page for Velázquez.

Nydia M. Velázquez Fundraising

Nydia M. Velázquez recently disclosed $69.6K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 678th most from all Q2 reports we have seen this year. 43.3% came from individual donors.

Velázquez disclosed $69.9K of spending. This was the 612th most from all Q2 reports we have seen from politicians so far this year.

Velázquez disclosed $209.3K of cash on hand at the end of the filing period. This was the 647th most from all Q2 reports we have seen this year.

You can see the disclosure here, or track Nydia M. Velázquez's fundraising on Quiver Quantitative.

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