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Discover how Small Business Investment Companies (SBICs) provide crucial funding to small businesses in the USA, with over $30 billion in financing since 1958. Learn how these privately owned firms backed by the SBA offer venture capital and startup financing. Explore funding possibilities for your business today!
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FUNDING FOR YOUR BUSINESS – SBIC AND GOVERNMENT GRANTS
Introduction • Capital or funding is what you need to start your business.
All of the aforementioned companies received seed money from SBIC’s, i.e., Small Business Investment Company.
SBIC - Introduction • There are about 450 SBIC’s all over the USA. • Each one is licensed and regulated by the SBA – The Small Business Administration. • While they are owned by the SBA, they actually are a privately owned and managed investment firm that provides venture capital and startup financing to small businesses.
SBIC – Funding History • The Small Business Investment Company has provided nearly $ 30 billion in financing (both loans and equity investments) to 90,000 small businesses since 1958.
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