Business · 27/04/2012

U.S. Small Business Administration Defines New Sub-Category of Small Business Investment Companies for Early Stage Small Businesses

The U.S. Small Business Administration (SBA) has established a new sub-category of small business investment companies (SBICs) focused on equity investments in early stage small businesses, aiming to expand entrepreneurs' access to capital and encourage innovation as part of the Start-Up America Initiative launched in 2011.