SBIA Expresses Support for Empowering Women in Small Business Act
“SBIA supports removing all barriers to female entrepreneurs accessing capital,” said SBIA President Brett Palmer.
March 23, 2022 (Washington, D.C.) – The Small Business Investor Alliance (SBIA) is pleased to support legislation introduced in the Senate by U.S. Sens. Joni Ernst (R-IA) and Shelley Moore Capito (R-WV), the “Empowering Women in Small Business Act”, that would increase access to venture capital financing for women-owned small businesses through the Small Business Administration’s Small Business Investment Company (SBIC) program. This legislation would incentivize SBIC investment in women-owned businesses and hold federal agencies accountable for meeting federal contracting obligations under current law for women-owned small businesses.
# # #
About the Small Business Investor Alliance
The Small Business Investor Alliance (SBIA) is the premier organization of lower middle market private equity funds and investors. SBIA works on behalf of its members as a tireless advocate for policies that promote competitive markets and robust domestic investment for growing small businesses. SBIA has been playing a pivotal role in promoting the growth and vitality of the private equity industry for over 60 years. For more information, visit www.SBIA.org or call (202) 628-5055.