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Small Business Administration SBIC (Small Business Investment Company) The SBIC Program's Impact Investment Initiative is part of the President Obama's Start-Up America Initiative.

OVERVIEW

Description

SBA is ready to commit up to $1 billion to Impact SBIC fund managers seeking to generate both financial and social return in areas of national priority.

FUNDING TYPES AND CRITERIA

Provides direct investment

FUND SIZE:

1 Billion over 5 years

funding types

  • Debt
  • Equity