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SBA Small Business Investment Company Program

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Summary

This report is one in a series of updates. For the most recent coverage of this report series, please see 14-R4-1456e in the 2014 issue. Examines structure and operation of SBA small business inves...

This report is one in a series of updates. For the most recent coverage of this report series, please see 14-R4-1456e in the 2014 issue.

Examines structure and operation of SBA small business investment company (SBIC) program, which enhances small business access to venture capital. Focuses on SBIC types, eligibility requirements, application process, capital investment requirements, key differences among regular SBIC types, SBIC investments in small businesses, leverage, reporting requirements, and program statistics. Examines several legislative proposals to increase leverage available to SBICs and to increase SBIC program authorization amount.

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