Category: Small Business
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SBA’s new early-stage capital structure gaining traction
In 2023, the U.S. Small Business Administration finalized rules to allow new models for its Small Business Investment Company (SBIC) financing vehicle: Accrual and Reinvestor licenses. As I wrote at the time, these rules make the program a better fit for early-stage investment than it has been for the past 20 years. From new data…
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Tech and the economy under the next Trump administration: Small Business
The U.S. Small Business Administration is an important partner for many regional economic development strategies, and organizations therefore are concerned for what the next four years hold for the agency. From 2017-2020, we saw first Trump administration regularly propose to limit SBA’s funding, particularly for programs designed to assist entrepreneurs. However, Congressional appropriations and Administrator…