Kelly E Nichols 
Small Business Investment Companies 
Overview, Performance, and Analyses of the SBA Program

The Small Business Administration’s (SBA’s) Small Business Investment Company (SBIC) program is designed to enhance small business access to venture capital by stimulating and supplementing "the flow of private equity capital and long-term loan funds which small-business concerns need for the sound financing of their business operations and for their growth, expansion, and modernization, and which are not available in adequate supply." Facilitating the flow of capital to small businesses to stimulate the national economy was, and remains, the SBIC program’s primary objective. This book describes the SBIC program’s structure and operations, focusing on SBIC eligibility requirements, investment activity, and program statistics.