On October 17, 2023, the U.S. Small Business Administration (SBA) and the Department of Transportation (DoT) announced the rollout of the Access to Capital Initiative (ACI), a joint effort between the SBA and DoT to help...more
In recent months, early stage company deal reports have suggested an uptick in venture debt financing for companies unable or unwilling to access the equity markets. Rather than pursue what may be a down-round equity...more
SBA’s Office of Investment and Innovation has revised the semi-monthly draw application schedule for the 2020 holiday season with the first revised deadline occurring on Tuesday, November 3, 2020...more
On September 17, 2019, the Licensing Department of the Investment Division of the U.S. Small Business Administration (“SBA”) announced that, effective immediately, all license applications should be submitted electronically...more