Committee Activity

The Committee on Small Business Subcommittee on Economic Growth, Tax, and Capital Access will hold a hybrid hearing titled: “A Review of the SBIC Program.” The hearing is scheduled to begin at 10:00 A.M. on Wednesday, October 27, 2021 in Room 2360 of the Rayburn House Office Building. Participating members can also join remotely via Zoom.

The hearing will educate Members about the Small Business Administration’s (SBA) Small Business Investment Company (SBIC) program, which is designed to provide debt and equity financing to high-growth small businesses lacking access to adequate capital from traditional sources. Members will have an opportunity to discuss recent proposals to target SBIC funds to underrepresented businesses and critical sectors, as well as ways to improve investor diversity in the program.
To view a livestream of the hearing, please click here. 

Hearing Notice 

Hearing Memo 

Witnesses 

Ms. Holly Huels
Founder and Managing Partner
Holleway Capital Partners, LLC
St. Louis, MO
Testimony 

Mr. Carl Kopfinger
Senior Vice President
TD Bank
Philadelphia, PA
Testimony 

Ms. Carmen Palafox
Partner
MiLA Capital
Chatsworth, CA
Testimony 

Mr. John Mickelson
Managing Partner
Midwest Growth Partners
West Des Moines, IA 
Testimony