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Small Business: Information on SBA's Small Business Investment Company Programs

RCED-95-146FS Published: May 12, 1995. Publicly Released: May 23, 1995.
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Highlights

Pursuant to a congressional request, GAO provided information on small business investment companies (SBIC) and specialized small business investment companies (SSBIC), focusing on: (1) trends in the number, funding, losses, capitalization, size, and liquidation of SBIC and SSBIC between 1990 and 1994; (2) SBIC and SSBIC investment activities between 1990 and 1994; and (3) the educational background and work experience of personnel in the Small Business Administration's (SBA) Investment Division, which manages the SBIC program.

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CapitalDisadvantaged personsFederal employeesFederal fundsInvestmentsMinority business assistanceSmall business assistanceSmall business investment companiesSmall business loansSmall business