2.C.1: New Businesses

Increase access to capital for new businesses.

Other Information:

Providing access to credit for entrepreneurs and small business owners is a foundational element of economic recovery and growth. The Recovery Act reduced fees and increased guarantee levels on small business loans, while the U.S. Small Business Administration (SBA) has increased small business lending by more than 61% from the depths of the recession while broadening the base of commercial SBA lenders. Growth capital is essential. The Small Business Investment Company (SBIC) Debentures program provides debt and mezzanine financing at a time when the equity markets have pulled back from providing capital to these companies. The President has also proposed eliminating the capital gains tax on small businesses.

Stakeholder(s):

• New Businesses


• U.S. Small Business Administration (SBA)

Indicator(s):

Indicator:1

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