Download or read book Changes to SBA financing programs needed for revitalization of small business manufacturers written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2003 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Changes to SBA financing programs needed for revitalization of small business manufacturers written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2003 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book CHANGES TO SBA FINANCING PROGRAMS NEEDED FOR REVITALIZATION HEARING SERIAL NO 108 4 COMMITTEE ON SMALL BUSINESS HOUSE OF REPRESEN written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2004* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Revitalizing America s manufacturers written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2003 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Small Business Reauthorization and Manufacturing Revitalization Act of 2003 written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2003 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book SBA written by United States. Small Business Administration and published by . This book was released on 1967 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The New SBA written by Bill Clinton and published by . This book was released on 1995 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Effectiveness of SBA Loan Programs in Serving Economically Distressed and Disadvantaged Areas written by United States. Congress. House. Committee on Small Business and published by . This book was released on 1997 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book SBA Reauthorization written by United States. Congress. Senate. Committee on Small Business and Entrepreneurship and published by . This book was released on 2004 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book SBA New Markets Venture Capital Program written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2014-12-08 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Authorized by P.L. 106-554, the Consolidated Appropriations Act, 2001 (Appendix H: the New Markets Venture Capital Program Act of 2000), the New Markets Venture Capital (NMVC) program is designed to promote economic development and the creation of wealth and job opportunities in low-income geographic areas by addressing the unmet equity investments needs of small businesses located in those areas. Modeled on the Small Business Association's (SBA's) Small Business Investment Company (SBIC) program, SBA-selected, privately owned and managed NMVC companies provide funding and operational training assistance to small businesses. To do so, they use private capital the NMVC company has raised (called regulatory capital) and up to 150% of that amount (called leverage) from the sale of SBA-guaranteed 10-year debentures, or loan obligations, to third parties, subject to the availability of funds. Because the SBA guarantees the debenture, the SBA is able to obtain favorable interest rates. NMVC companies are responsible for meeting the terms and conditions set forth in the debenture. At least 80% of the investments must be in small businesses located in a low-income area. Specialized Small Business Investment Companies (SSBICs) established under the SBIC program are also eligible for NMVC operational assistance training grants, which are awarded on a dollar-to-dollar matching basis. Six NMVC companies are currently participating in the program. The NMVC program was appropriated $21.952 million in FY2001 to support up to $150 million in SBA-guaranteed debentures and $30 million to fund operational assistance training grants for FY2001 through FY2006. The funds were provided in a lump sum in FY2001 and were to remain available until expended. In 2003, the unobligated balances of $10.5 million for the NMVC debenture subsidies and $13.75 million for operational assistance grants were rescinded. The program continues to operate, with the number and amount of financing declining in recent years as the program's initial investments expire and NMVC companies engage only in additional follow-on financings with the small businesses in their portfolios. No bills have been introduced during the 113th Congress concerning the NMVC program. However, more than 30 bills were introduced in recent Congresses to either expand or amend the program. Many of these bills would have increased the program's funding. For example, during the 112th Congress, H.R. 2872, the Job Creation and Urban Revitalization Act of 2011, was introduced on September 8, 2011. The bill would have provided the NMVC program such subsidy budget authority as may be necessary to guarantee $75 million of debentures and $15 million for operational assistance training grants for FY2012 through FY2013. This report examines the NMVC program's legislative origins and describes the program's eligibility and performance requirements for NMVC companies, eligibility requirements for small businesses seeking financing, and definition of low-income areas. It also reviews regulations governing the SBA's financial assistance to NMVC companies and provides program statistics. The report concludes with an examination of (1) efforts to eliminate the program based on concerns that it duplicates other SBA programs and is relatively expensive, (2) the rescission of the program's unobligated funding in 2003, and (3) recent congressional efforts to provide the program additional funds.

Download or read book The Small Business Administration s Local Development Company Loans are Making Capital Available But Other Aims are Often Subverted written by United States. General Accounting Office and published by . This book was released on 1976 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book SBA Energy Loan Program written by United States. Congress. House. Committee on Small Business. Subcommittee on Energy, Environment, and Safety Issues Affecting Small Business and published by . This book was released on 1982 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Impact of SBA and Other Federal Programs to Create Jobs and to Stimulate Economic Growth written by United States. Congress. House. Committee on Small Business. Subcommittee on Government Programs and Oversight and published by . This book was released on 1997 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Subcommittee Hearing on Improving the SBA s Access to Capital Programs for Our Nation s Small Businesses written by United States. Congress. House. Committee on Small Business. Subcommittee on Finance and Tax and published by . This book was released on 2008 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Financing Small Business written by United States. Congress. Senate. Committee on Banking and Currency and published by . This book was released on 1958 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Full Committee Legislative Hearing on the SBA s Microloan and Trade Programs written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2007 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The State Small Business Credit Initiative SSBCI written by Marcus Powell and published by Nova Science Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The SSBCI provides funding to states, territories, and eligible municipalities to expand existing or to create new state small business investment programs, including state capital access programs, collateral support programs, loan participation programs, loan guarantee programs, and venture capital programs. This book examines the SSBCI and its implementation, including Treasury's response to initial program audits conducted by the U.S. Government Accountability Office and Treasury's Office of Inspector General. These audits suggested that SSBCI participants were generally complying with the statute's requirements, but that some compliance problems existed, in that, the Treasury's oversight of the program could be improved; and performance measures were needed to assess the program's efficacy.