A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more
1/23/2017
/ Community Reinvestment Act ,
Debentures ,
Dodd-Frank ,
Exemptions ,
FDIC ,
Financial Institutions ,
Gramm-Leach-Blilely Act ,
Investment ,
Investment Advisers Act of 1940 ,
Investors ,
Portfolio Companies ,
SBA ,
SBIA ,
SBIC ,
Small Business ,
Startups ,
Venture Capital
New SBA rule affects the holding company and the blocker corporation exceptions for SBICs’ financing passive businesses. On December 28, the U.S. Small Business Administration (SBA) released a Final Rule modifying its...more
1/6/2017
/ Blocker Corporations ,
Fees ,
Final Rules ,
Financing ,
Holding Companies ,
Passive Activity ,
Required Forms ,
SBA ,
SBIC ,
Small Business ,
UBTI
The proposed rule reflects SBA’s intent to continue licensing and providing SBA-guaranteed leverage to Early Stage SBICs beyond the initial five-year term previously announced.
On September 19, the U.S. Small Business...more
10/5/2016
/ Applications ,
Comment Period ,
Debentures ,
Early Stage Companies ,
Innovation ,
Investment ,
Job Creation ,
Licensing Rules ,
SBA ,
SBIC ,
Small Business ,
Startups
On June 2, the U.S. Small Business Administration (SBA) distributed a memorandum from Steve Knott, acting director of the SBA’s Office of SBIC Operations, reminding private funds licensed by the SBA as small business...more
A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more
Call Notice and Application Process -
On January 12, the U.S. Small Business Administration (SBA) issued a “Call for Early Stage Fund Managers” in the Federal Register, inviting all interested early stage fund managers...more