Using SBIC Loans to Build Your Next Impact Product

The Small Business Investing Company (SBIC) program has invested $17 billion in small companies such as healthcare, social assistance, food, and retail from 2010 to 2014. The program is a significant source of private-public finance with special advantages. Through government support, start-ups can be licensed and provided with a loan of up to $150 million, matching SBIC award recipients capital from privately raised funds two:one. The best part is that impact investment funds are eligible for SBIC support.

At a time when access to capital is skewed, the SBIC program is a waiting resource. Impact managers may be positioned to capitalize on this program. Please join Confluence in a conversation with the US Small Business Administration, and SBIC loan recipient SJF Ventures to discuss the SBIC model and how impact investors can innovate in the use and implementation of these funds.

Speakers to include:

• Samuel Boyd, Chief Investment Officer & Director of Program Development, US Small Business Administration

• Trevoir Gregg, Co-founder & Managing Partner, RLJ Credit Opportunity Fund

• Dave Kirkpatrick, Managing Director and Co-Founder, SJF Ventures

• Michelle Long, Founding Executive Director, BALLE (Moderator)

Eligibility:

• Participation in this event is open to funders and Confluence Philanthropy Advisor Bay Members only, and is not open to grantseeking organizations, investment firms seeking to fundraise or students.

Cosponsors:

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