SMALL BUSINESS INVESTMENT COMPANIES HAVE INVESTED MORE THAN $882 MILLION IN OHIO OVER THE LAST 5 YEARS.
Small Business Investment Company Impact in Ohio
- SBICs have invested in 174 small businesses in Ohio since 2018.
- SBICs have invested $882.7 million in Ohio small businesses since 2018, with $173.4 million invested in FY 2022 alone.
- Ohio businesses that received financing from SBICs in 2022 supported 2,847 employees.
A sampling of the Ohio-based companies that have received SBIC financing:
Stewart MacDonald (Athens)
Since 1968, Stewart-MacDonald has supplied tools, parts, and electronics to guitar techs and players. Their tools are used by major guitar companies and repair shops everywhere. Many were invented right at StewMac.
- SBIC: Champlain Capital
MedVet Associates (Worthington)
MedVet is a growing nationwide network of specialty and emergency veterinary hospitals committed to delivering the highest quality, most compassionate specialty and emergency veterinary care available in the nation. More than two thousand team members, working in 24 locations, help to advance MedVet's mission of Leading Specialty Healthcare for Pets. Through this effort, MedVet serves more than 250 thousand pets and their families and over seven thousand referral partners each year.
- SBIC: Stonehenge Partners