News & Analysis as of August 3, 2025

Small Business Administration › Investors

+ Follow

The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA carries out its mission through a variety of programs including providing financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. less -

Independent Sponsor Series: A Conversation with Ryan Sullivan on North Park Group’s Unique Background and Long-Term Strategy (Part...

Levenfeld Pearlstein, LLC on 6/12/2025

To help businesses, investors, and deal professionals better understand the evolving independent sponsor landscape, Robert Connolly – a partner in LP’s Corporate Practice Group and leader of LP’s Independent Sponsor team –...more

United States: Potential Increase to Debenture Limit for Levered Small Business Investment Companies (SBICs)?

K&L Gates LLP on 3/5/2025

Small Business Investment Companies (SBICs), which invest in qualifying small businesses in the United States, are eligible to receive Small Business Administration (SBA)-guaranteed debentures at favorable rates to finance...more

SBA's New Rule Clarifies Role of Minority Equity Holders in Small Businesses and 8(a) Concerns

Holland & Knight LLP on 1/16/2025

The U.S. Small Business Administration's (SBA) Final Rule, which takes effect on Jan. 16, 2025, makes a range of substantive changes to the regulatory regime for small business contractors. Holland & Knight previously...more

New SBA Rule Should Increase 8(a), WOSB and SDVOSB Contractors’ Access to Outside Capital

Miles & Stockbridge P.C. on 12/30/2024

The Small Business Administration (SBA) published earlier this month one of the most significant rule changes in recent history. We previously addressed the new M&A and long-term recertification rules....more

SBICCT Initiative Adds New Tool to Drive Innovation

Bass, Berry & Sims PLC on 9/12/2024

The Department of Defense (DoD) has long searched for ways to foster innovation in the defense industrial base by harnessing US comparative advantages like our capital markets and American technological innovation...more

SBIC Program Updates: SBA Proposes Technical Amendments to 2023 Reforms and Significant Change to Passive Business Rule

Hogan Lovells on 2/15/2024

In July 2023, the U.S. Small Business Administration (SBA) released sweeping reforms to the Small Business Investment Company (SBIC) program. Many of those reforms were enacted through the Small Business Investment Company...more

What’s Love Got to Do With It – Why Negotiating a Buy-Sell Agreement Is a Good Idea Even Among Family Business Owners

Bradley Arant Boult Cummings LLP on 2/6/2024

Family members who enter into a private business together are taking on double risk. They face the same types of challenges that all owners and investors face in operating/investing in a business, but they are also exposed to...more

Venture Capital Investment In A Small Business? Know The SBA Rules First.

Morrison & Foerster LLP - Government... on 11/17/2023

In recent months, there have been a number of articles about an increase in venture capital interest in entities that do business with the federal government. In fact, this interest is not new. Small entities with venture...more

SBA’s New Rules and Policies to Strengthen and Diversify Its SBIC Program

Troutman Pepper Locke on 10/13/2023

A small business investment company (SBIC) is a privately owned and operated investment fund that makes long-term investments in American small businesses and is licensed by the U.S. Small Business Administration (SBA). SBICs...more

Capital Financing Options for New York’s Burgeoning Cannabis Industry

Harris Beach Murtha PLLC on 8/8/2023

As New York’s legal cannabis market heats up, many who are intended to benefit struggle with financing the launch of a new business and are at risk of becoming victims of predatory lending practices. While New York state...more

SBA Finalizes Rule To Modernize The SBIC Program

Morrison & Foerster LLP - Government... on 8/2/2023

The U.S. Small Business Administration (SBA) finalized a rule to modernize the Small Business Investment Company (SBIC) Program on July 17, 2023. Part of President Biden’s Investing in America agenda, the new SBIC Investment...more

SBA finalizes significant reforms to SBIC program - Changes introduce new Accrual SBIC for equity investors and a Reinvestor SBIC...

Hogan Lovells on 7/25/2023

The U.S. Small Business Administration (SBA) finalized wide-ranging revisions to the regulations governing the small business investment company (SBIC) program on Thursday, July 13, 2023. Among other things, the changes...more

New DOD/SBA Initiative Builds Technology Critical to National Security

Troutman Pepper Locke on 5/10/2023

In late 2022, the U.S. Department of Defense's new Office of Strategic Capital (OSC) and the U.S. Small Business Administration (SBA)'s Office of Investment and Innovation (OII) launched a joint venture, the Small Business...more

Could the SBA be making changes to the SBIC program?

Eversheds Sutherland (US) LLP on 2/6/2023

On October 18, 2022, the US Small Business Administration (the SBA) proposed a wide range of regulatory changes to the rules governing the small business investment company (SBIC) program (the Proposal). ...more

Investigations Newsletter: Fraud Scheme Results in $56 Million Seized as Largest Recovery of Cryptocurrency by US

ArentFox Schiff on 11/19/2021

Fraud Scheme Results in $56 Million Seized as Largest Recovery of Cryptocurrency by US - On November 12, 2021, the U.S. Department of Justice and U.S. Attorney’s Office for the Southern District of California’s request was...more

SEC Issues No-Action Relief On Registered Funds’ Custody Of Loan Interests

Goodwin on 2/15/2021

In this Issue. The U.S. Securities and Exchange Commission (SEC) was very active this week, having (i) issued no-action relief allowing registered funds to engage in self-custody of interests in loans that are originated,...more

FDIC Finalizes Brokered Deposits and ILC Rules Ahead of the Holidays

Goodwin on 12/17/2020

In this Issue. The Federal Deposit Insurance Corporation (FDIC) was busy this week, finalizing rules that modernize brokered deposits regulations, establish new standards for parent companies of industrial loan companies and...more

SEC Charges Trust Company With Operating Unregistered Investment Companies

Goodwin on 10/8/2020

SEC Charges Trust Company with Operating Unregistered Investment Companies and Failing to Register Securities Offerings. On September 30, the Securities and Exchange Commission (SEC) announced it had settled charges with...more

COVID-19 Relief: Paycheck Protection Program and Issues in M&A Transactions

Pillsbury Winthrop Shaw Pittman LLP on 9/2/2020

Potential merger partners of and investors in businesses that have received loans under the Paycheck Protection Program should be aware of particular risks and other diligence considerations. Any potential merger partner or...more

Revisiting Private Equity Investment in Federal IT Contractors

Bass, Berry & Sims PLC on 8/26/2020

Information technology (IT) and consulting businesses have continued to attract private equity attention and dollars. For IT businesses contracting with the federal government, there are additional attractions for private...more

Financial Services Weekly Roundup: SEC Proposes Modified Disclosure Framework For Funds

Goodwin on 8/14/2020

In the News. The Securities and Exchange Commission (SEC) proposed modifying the disclosure framework for mutual funds and exchange-traded funds (funds), which would create a new layered disclosure regime that attempts to...more

A Summary of the SBIC Progarm

McGuireWoods LLP on 7/25/2018

BACKGROUND AND CURRENT STATE OF THE SBIC PROGRAM - The Small Business Investment Company (SBIC) Program enables private equity fund managers to access government leverage at rates typically lower than traditional lending...more

Control of a Set-aside Entity

Williams Mullen on 3/15/2018

In this episode of GovCon Perspectives, Will Wozniak talks with Shayn Fernandez about what to do when passive investments raise questions of affiliation. Protestors often raise issues of affiliation in the form of size...more

Description of the Small Business Investment Company Program Participation by Unleveraged Funds - January 2017

Troutman Pepper Locke on 1/23/2017

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

Investing in Small Businesses Through SBA’s SBIC Program

PilieroMazza PLLC on 12/23/2016

We work with many firms that have or would like to invest in small businesses. One of the biggest issues for an investor in a small business is the potential that the investment will create an affiliation between the investor...more

29 Results

View per page

Page: of 2

Small Business Administration › Investors

"My best business intelligence, in one easy email…"