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Hogan Lovells

SBA announces proposed reforms to SBIC program – new Accrual SBIC for growth equity funds

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The U.S. Small Business Administration (SBA) proposed wide-ranging revisions to the regulations governing the small business investment company (SBIC) program on Tuesday, October 18, 2022. Among other things, the proposed...more

Wilson Sonsini Goodrich & Rosati

Good News for Small Businesses Seeking Government Funding for Research and Development: SBIR/STTR Programs Extended Through 2025

Under the SBIR and STTR Extension Act of 2022 (the Act), signed into law last month, the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs were extended through fiscal year 2025....more

WilmerHale

In Case You Missed It: Launch Links - March 2022 #4

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Some interesting links we found across the web this week: SBA Will Expand a Key Obama-Era Lending Program for Low-Income Business Owners - Vice President Kamala Harris and Small Business Administration, or SBA,...more

PilieroMazza PLLC

SBA to Publish Interim Final Rule on Extension of 8(a) Participation

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Both the Appropriations Act and the 2021 National Defense Authorization Act permit businesses who were participants in the 8(a) Business Development program on or before September 9, 2020, to extend their participation in the...more

Goodwin

Financial Services Weekly Roundup: April (Liquidity) Showers Bring May Borrower Protection

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In this Issue: Senate Votes to Expand Paycheck Protection Program; FHFA (Finally) Addresses Liquidity Concerns for Mortgage Servicers. Yesterday, the U.S. Senate unanimously passed legislation providing $484 billion in...more

Morgan Lewis

CARES Act: Key Takeaways for the Technology Industry

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President Donald Trump signed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act) into law on March 27. The CARES Act aims to offer economic relief to companies and their employees due...more

Williams Mullen

How SBA Affiliation Rules Effect Startups and Portfolio Companies

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Under the Coronavirus Aid, Relief, and the Economic Security Act (CARES Act), two loan programs are available to eligible businesses severely impacted by the Coronavirus (COVID-19) emergency: the enhanced Economic Impact...more

Troutman Pepper

More Than $991 Million in SBA Debenture Leverage Priced

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A small business investment company (SBIC) is a privately owned and operated investment fund that makes long-term investments in U.S. small businesses and is licensed by the U.S. Small Business Administration (SBA) under the...more

Troutman Pepper

Description of the Small Business Investment Company Debenture Program - September 2019

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A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Troutman Pepper

Description of the Small Business Investment Company Program Participation by Unleveraged Funds - April 2019

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A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Troutman Pepper

Description of the Small Business Investment Company Debenture Program - April 2019

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A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Troutman Pepper

Description of the Small Business Investment Company Debenture Program - March 2019

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A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Troutman Pepper

Description of the Small Business Investment Company Debenture Program - January 2019

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A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Troutman Pepper

Description of the Small Business Investment Company Debenture Program - October 2018

Troutman Pepper on

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Troutman Pepper

Description of the Small Business Investment Company Debenture Program - January 2018

Troutman Pepper on

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

PilieroMazza PLLC

Weekly Update Newsletter - October 2017 #3

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CAPITOL HILL - House Small Business Committee letter requesting update to Small Business Tax - This week, House Small Business Committee Chairman Steve Chabot (R-OH) sent a letter with Ranking Member Nydia Velázquez...more

Troutman Pepper

Description of the Small Business Investment Company Program Participation by Unleveraged Funds - January 2017

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A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses and is licensed by the United States Small Business Administration (SBA)....more

Troutman Pepper

SBA Proposes Updates and Improvements to Early Stage SBIC Program

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The proposed rule reflects SBA’s intent to continue licensing and providing SBA-guaranteed leverage to Early Stage SBICs beyond the initial five-year term previously announced. On September 19, the U.S. Small Business...more

Davis Wright Tremaine LLP

A Tale of Two Protests: Itemized SBA JV Agreements and Dependence on a Large Business Determination Not Upheld

Recently, two Small Business cases that came out that are notable. Both protests affect Small Business Administration interpretation and application of affiliation rules. The first protest defeated a joint venture agreement...more

Akerman LLP

The Florida Crowdfunding Act - An Attempt to Facilitate Capital Raising by Small Businesses in Florida

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"Crowdfunding" is the collection of small amounts of money from a large number of people to fund innovative projects, artistic endeavors, and non-profit political and charitable causes through the Internet. Over the past...more

PilieroMazza PLLC

OHA Ruling Shows Danger in Proposed SBA Rule

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As the saying goes, unless you have been living under a rock, then you know that SBA recently proposed new rules to create a mentor-protégé program for all small businesses. ...more

Cohen Seglias Pallas Greenhall & Furman PC

Hot Off The Presses: SBA To Release Proposed Rule On New Mentor-Protege Program On Thursday

My firm is a big supporter of the National 8(a) Association and a proud sponsor of its Winter Conference, which is taking place right now in Orlando, Florida. I just left a presentation given by the SBA and several other SBA...more

Troutman Pepper

Small Business Administration Issues Call for Early Stage Managers

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Call Notice and Application Process - On January 12, the U.S. Small Business Administration (SBA) issued a “Call for Early Stage Fund Managers” in the Federal Register, inviting all interested early stage fund managers...more

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