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Announcements & Initiatives

  • The following information on the Early Stage Small Business Investment Company Initiative is in PDF format here. Additional Early Stage FAQs here.
  • Call for Action: Download a PDF Version of this Call for Action Download a PDF Version of the April 2011 Impact Investment Policy Memo   For over 50 years, the Small Business Investment Company (SBIC) program has...
  • How is existing capital under management treated with respect to Regulatory Capital? Specifically, take an example of a fund that has 50% of its capital invested in portfolio companies, 20% of its capital uninvested but reserved for...
  • DATE: June 20, 2012 TO: All Small Business Investment Companies (“SBICs”) SUBJECT: Guidance on applying for an SBIC license for a subsequent fund Many existing SBICs contemplate filing an application for an SBIC license...
  • August 27, 2012 – Number 16 Guidance Regarding 13 CFR §107.585 Voluntary Decrease in Licensee’s Regulatory Capital for Early Stage SBICs   Background.  In April 2012, SBA published the final Early...

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