December 2016
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The Public Manager

Determining Diversity in SBICs

Friday, December 9, 2016

For nearly 60 years, the Small Business Investment Company program, run through the U.S. Small Business Administration, has helped provide financing for high-risk small businesses that have trouble acquiring money through more traditional sources. A recent report by the Library of Congress studied the gender and racial diversity of SBICs.

In terms of gender diversity, SBICs eclipsed the broader private equity world by a few percentage points. And SBICs featuring a racially and gender-diverse mak

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