Small Business Investment Company

A Small Business Investment Company (SBIC) is a private investment firm licensed by the U.S. Small Business Administration (SBA) that provides funding and financial support to small businesses. SBICs raise capital from the government and private investors to invest in or lend to small companies, helping them grow and create jobs. They often offer equity or debt financing tailored to the needs of small businesses, especially those that might find it hard to access traditional funding sources. This partnership helps foster small business development and economic growth.