The U.S. Small Business Administration (SBA) recently announced the Federal Register publication of SBA-proposed reforms to the Small Business Investment Company (SBIC) program.
Small Business Investment Company Reforms Proposed by SBA to Address Diversity
The proposed reforms are designed to reduce financial barriers while increasing access and diversity in the small business investment ecosystem in the United States. Structural aspects of the SBIC program will addressed by the reforms with the aim of improving the flow of SBIC regulatory capital to small businesses and start-ups deemed inadequately served by private investors alone.
