logo

诚征坛主 您想奉献对海外华人社区的一份关注吗? HCCBBS急需您的加入, 欲参与管理论坛, 变成公告栏主持人, 请联系我们
HCCBBS 精彩频道
bookshelterthebestcwohccbbs
经典频道 房地产信息 金融理财 就业市场 移民签证 名人健康 餐饮指南 影视歌星 网上征友 游山玩水 网上文摘 音乐大师
德州旅馆 分类目录 各抒己见 生意买卖 分类目录 名人文摘 新大陆笔社 新月文摘 名人电视 名人电台 技术白皮书 体育世界
世界名城 阿尔伯克基 亚特兰大 奥斯汀 巴尔地摩 湾区 波士顿 芝加哥 辛辛那提 达福地区 丹佛 底特律 休斯敦 印城
拉斯维加斯 洛杉矶 迈阿密 蒙特利尔 新奥尔良 纽约 奥克拉哈马城 奥兰多 费城 凤凰城 匹兹堡 沙加缅度 盐湖城 圣路易斯
圣安东尼奥 圣地亚哥 旧金山 西雅图 多伦多 图森 温哥华 韦科 华盛顿 伦敦 巴黎 柏林 维也纳 悉尼
东京 新加坡 雅加达 北京 长沙 成都 重庆 佛山 福州 广州 杭州 合肥 黑龙江 香港
黄山 济南 昆明 南京 上海 沈阳 台北 西藏 武汉 西安 郑州
【特別推荐】




【世界精品最新动态】
北美餐饮指南
德州旅館商務網
旗舰旅馆,网上订位!
巴哈马海滨豪宅
精品巨献,买名贵钟表
房屋贷款,最新利率
ICG 电脑

【世界名人网上调查】

【世界名人信息发布】
美国公司合作机会
中国招商合作项目
美南经贸网
第三界中国互联网大赛
第二届中国金鹰电视节
中文媒体总汇
网上电台直播
网址精选

【华人名人企事业家】

TBS_125x125_2

【加盟世界名人网络】
申请主持名人频道
申请Z-Club
书栅
电子商务沙龙
海外华人社区公告栏
地产专家
本页设计:007
欢迎来信/联系/技术支持/广告联系/网络维护: info@zzi.net
最新上市 海角芦荟 - $15.00   牛初乳 - $13.60   V-4 MEN - $19.90   VNOX - $72.00   Please Call at Houston 832-724-6288     www.vitalabs.com                           最新上市 吕氏肝健宝 -   吕氏清肺宝 -   吕氏抗癌宝 -   Please Call at Houston 832-724-6288, Toll Free: 1-877-981-5599

SBA Announces $50 Million Increase Match in its SBIC Early Stage Fund and $70 Million Bump in its Impact Investment Fund


BY Alex Wang [ June 06, 2013 at 10:15:24 ]

SBA Announces $50 Million Increase Match in its SBIC Early Stage Fund and $70 Million Bump in its Impact Investment Fund

Administrator Mills Made Announcement at G8 Social Impact Investing Forum

WASHINGTON – U.S. Small Business Administration (SBA) Administrator Karen G. Mills announced today, during remarks at a G8 session on social impact investing, in London, England, that the agency’s next solicitation for its Small Business Investment Company (SBIC) Early Stage Fund will be opening in the fall of 2013.

As part of the announcement, Mills announced that the agency has expanded by $50 million the amount of leverage it is investing in funds during this second Early Stage solicitation from $150 million to $200 million. In addition to the new solicitation for Early Stage funds, and increase in investment leverage, the SBA also announced that it had increased its allocation size for its Impact Investment Fund. Previously, an Impact Investment Fund could only receive up to $80 million in SBIC leverage, but now these funds can receive up to $150 million - - a $70 million increase. The agency also recently expanded the definition of impact investing to include rural communities. Both funds operate through the SBA’s SBIC program.

Research shows that early stage companies face difficulty accessing capital, particularly those without the necessary assets or cash flow for traditional bank funding. Early stage financing rounds between $1 million and $4 million are often referred to as the so called “Valley of Death,” with only about 6 percent of all venture capital financing deployed during this stage. The SBA’s Early Stage Fund is designed to help fill that gap.

Mills, representing the U.S., participated in the G8 Social Impact Investing Forum to discuss the National Impact Initiative (NII). The meeting brought together 150 government and private sector leaders discussing how to increase impact investing in order to accelerate economic recovery and boost job creation.

“By increasing the amount we are investing in both early stage and impact investing, we are expanding the playing field and injecting new energy and momentum into our economy, bolstering new business starts and leveraging the greatest driver of innovation and job creation in the world—the entrepreneur,” said Mills. “At the SBA, and across the Administration, we know that when you embrace an inclusive vision of entrepreneurship, one that draws entrepreneurs from all demographics, backgrounds and locations, not only do the businesses succeed, America succeeds.”

The Obama Administration has taken great strides to promote social enterprise domestically and internationally in recent years. These varied initiatives can be described as a “National Impact Initiative,” an integrated effort to expand this work as an element of a broad economic strategy.

Mills shared the Administration’s perspective and encouraged that other nations should support these trends that can create jobs and can generate public benefit as a strategy in industrialized nations or as an expanding element of our international aid and investment toolbox.

The SBIC program, an established and successful program that operates at no cost to taxpayers, began in 1958 to supplement the flow of private equity capital and long-term loan funds to small businesses. SBICs are privately-owned and managed investment firms that are licensed and regulated by SBA. SBICs use a combination of funds raised from private sources and money raised through the use of SBA guarantees to make equity and mezzanine capital investments in small businesses. When an SBIC invests in a small business, it can scale up and create jobs. SBA estimates that for Fiscal Year 2012 SBIC financings created or sustained over 68,000 jobs. There are nearly 300 SBICs with more than $18 billion in capital under management.

Impact Investing is the practice of channeling capital toward businesses that generate economic return and public benefit.

For more information on SBA’s Early Stage SBIC Initiative go to http://www.sba.gov/category/lender-navigation/sba-loan-programs/sbic-program/general-information/early-stage-sbic-initi

For more information on the Start-Up America Impact Investment SBIC Initiative go to http://www.sba.gov/category/lender-navigation/sba-loan-programs/sbic-program/general-information/impact-investment-sbic

# # #


media

CN-Mall BookShelt NEWS HCCBBS RADIO STATION CHAT ROOM
Store Front ZZI.Net GoldenSoft Web Site Search Classified Ads Members
© Copyright Information Contact Group - HCCBBS 1996-2006 All Right Reserved.
Linlin's Art Studio
Design by Linlin's Art Studio