The Current State of SBIC Licensing

On May 12 Winston & Strawn Partner Alan Roth participated in a timely discussion on the current state of SBIC licensing, the national economy, and small businesses. The distinguished panel included a group of highly experienced officials from the U.S. Small Business Administration (SBA) that provided insights into the current state of the SBIC licensing process. SBIA President Brett Palmer provided additional insight into current legislative and regulatory issues.

Key takeaways include:

• Licensing is active and initiatives are being put in place to allow licensing to be a more efficient and productive process
• SBIC licensing is a meritocracy
• When in doubt disclose all potential issues to the SBA
• New SBICs are welcome to the program

Listen to the presentation here.

Speakers:
Alan Roth Partner, Winston & Strawn LLP
Brett Palmer President, Small Business Investor Alliance
Jason Powers Chief of SBIC Licensing, U.S. Small Business Administration
Art Spivey Director of SBIC Licensing, U.S. Small Business Administration