SMALL BUSINESS ADMINISTRATION

  • Small Business Investment Company Program

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SMALL BUSINESS ADMINISTRATION

Small Business Investment Company Program

SBA proposed a rule defining a new class of small business investment companies (SBICs) that will seek to generate positive and measurable social impact, in addition to financial return. This proposed rule sets forth regulations applicable to Impact SBICs with respect to licensing, leverage eligibility, fees, reporting, and compliance requirements, 81 Fed. Reg. 5666. Comments are due by March 4, 2016.