federal_register: 2018-12031

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2018-12031 Small Business Investment Company Program-Impact SBICs Proposed Rule The Small Business Administration (SBA) is withdrawing its proposed rule published on February 3, 2016. In the proposed rule, SBA would have defined a new class of small business investment companies (SBICs) that would seek to generate positive and measurable social impact in addition to financial return. With the creation of this class of "Impact SBICs," SBA sought to expand the pool of investment capital available primarily to underserved communities and innovative sectors as well as support the development of America's growing impact investing industry. SBA is withdrawing the proposed rule because SBA has determined that the cost is not commensurate with the benefits. 2018-06-11 2018 6 https://www.federalregister.gov/documents/2018/06/11/2018-12031/small-business-investment-company-program-impact-sbics https://www.govinfo.gov/content/pkg/FR-2018-06-11/pdf/2018-12031.pdf Small Business Administration 468 The Small Business Administration (SBA) is withdrawing its proposed rule published on February 3, 2016. In the proposed rule, SBA would have defined a new class of small business investment companies (SBICs) that would seek to generate positive and...  

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