CFDA 59.011 · retired · Funded this fiscal year
Small Business Investment Companies
· SMALL BUSINESS ADMINISTRATION · Program page ↗
Objective
To establish privately owned and managed Small Business Investment Companies (SBICs), which are licensed and regulated by the U.S. Small Business Administration (SBA), and to issue debt to licensed SBICs that may provide private equity capital and long term loan funds to small businesses and provide advisory services to small businesses in which they invest.
Who Can Apply
- Small Business Person
Any chartered small business investment company having private capital of not less than $5 million, having qualified management, giving evidence of sound operation, and establishing the need for SBIC financing in the geographic area in which the applicant proposes to operate. For more information, please go to: https://www.sba.gov/partners/sbics/apply-be-sbic#section-header-4.
Who Benefits
- Small Business Person
Individual businesses (single proprietorship, partnership or corporation) which satisfy the established criteria of a small business. For more information, please go to: https://www.sba.gov/partners/sbics/apply-be-sbic#section-header-6.
Assistance Types
- Other Financial Assistance
Program Contact
applySBIC@sba.gov
202-205-7546