Taking Advantage of Government Venture Capital

This article explains how one can go about obtaining venture capital from the government, specifically from SBICs, which are Small Business Investment Companies. These supply equity capital and long-term management assistance to startup companies and small businesses. One caveat, however: reaching out to SBICs tends to involve giving up some share and control in a small business.

 

Applicability to Business

  • SBICs are tailored to assist small businesses
  • SBICs can help with financing

 

Learning Outcomes

  • Identify a SBIC local to your business
  • Determine what resources an SBIC can provide to a small business

 

 

https://www.entrepreneur.com/article/52740