SMALL BUSINESS INVESTMENT COMPANIES HAVE INVESTED MORE THAN $4.8 BILLION IN CALIFORNIA OVER THE LAST 5 YEARS.
Small Business Investment Company Impact in California
- SBICs have invested in 823 small businesses in California since 2018.
- SBICs have invested $4.87 billion in California small businesses since 2018, with $1 billion invested in FY 2022 alone.
- California businesses that received financing from SBICs in 2022 supported 17,300 employees.
A sampling of the California-based companies that have received SBIC financing:
Provivi, Inc. (Santa Monica)
Provivi has developed and produced a safe and sustainable method for controlling pest populations to protect food supplies and minimize exposure to insecticide residues. Provivi's natural method harnesses the same pheromone molecules that insects use to communicate. Provivi’s patented technology effectively and dramatically reduces pest populations and minimizes crop damage.
- SBIC: Pivotal Capital
Secure Personal Care Products (San Francisco)
With over 40+ years of experience in the adult incontinence industry, Secure Personal Care Products, LLC (SPCP) has grown to offer an entire line of bladder leakage and incontinence products from light to heavy and daytime to nighttime.
With decades of experience and knowledge, an in-house design team and clinical advisors, SPCP focuses exclusively on customers searching for a complete, round the clock solution. Their array of high-quality TotalDry™ products are engineered to help individuals feel secure, dignified and in control.
- SBIC: Aldine Capital Partners
Fresh Origins (San Marcos)
Combining the benefits our great weather with a deep passion for quality and innovation, Fresh Origins has become the number one source of Microgreens and Edible Flowers to America’s top restaurants and resorts. The farm was founded by David Sasuga, after growing flowering plants for 20 years. David always wanted to grow fresh produce and the opportunity came unexpectedly. Back in 1995, a local chef came to their greenhouse and got excited when he saw some basil seedlings growing there. He wanted to try using them to accent his plate presentations and although it did not make a lot of sense at the time, it was then that David began producing these and other varieties of tiny, fresh-cut seedlings destined for restaurants in Orange County California. Fresh Origins has come a long way since then, and David and his family produce a wide variety of Microgreens, Petite®Greens, Edible Flowers, and related items for chefs throughout North America.
- SBIC: LaSalle Capital