SMALL BUSINESS INVESTMENT COMPANIES HAVE INVESTED NEARLY $1.9 BILLION IN FLORIDA OVER THE LAST 5 YEARS.
Small Business Investment Company Impact in Florida
- SBICs have invested in 350 small businesses in Florida since 2018.
- SBICs have invested $1.896 billion in Florida small businesses since 2018, with $680.8 million invested in FY 2022 alone.
- Florida businesses that received financing from SBICs in 2022 supported 11,179 employees.
A sampling of the Florida-based companies that have received SBIC financing:
Waterblasting Technologies (Stuart)
Waterblasting Technologies has become the market leaders worldwide with more water blasting units working around the globe than their 5 closest competitors combined. Waterblasting Technologies manufactures a variety of vehicles such as the Stripe Hog, Thermo Hog, Paint Hog, Rumble Hog, Grinder Hog, Surface Hog, and Concrete Hog. The award-winning Stripe Hog Waterblasting System quickly and completely removes all types of durable pavement markings from asphalt and concrete surfaces with the least amount of negative impact to the surface. The Stripe Hog® does its work using needle-sharp 40,000 psi water jets and a powerful vacuum recovery system that leaves the road or runway clean and virtually dry. The resulting debris is quickly de-watered using a patented process so that the debris can then be dumped easily from the tank.
- SBIC: Valesco Industries
Atlantic Southern Paving and Sealcoating, LLC (Sunrise)
Atlantic Southern Paving and Sealcoating provides pavement maintenance & construction services in Florida and nationally for over 25 years. The solid foundation that Michael “Mickey” Curry started in 1992 employing the best people, using the best products, and providing what the customer needs with a competitive pricing has enabled Atlantic Southern to continue to thrive.
- SBIC: Aldine Capital Partners