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SBIC program infographic for fund managers, investors, and entrepreneur support organizations

The SBIC program has expanded

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SBA’s Office of Investment and Innovation (OII) leads programs that provide high-growth small businesses with access to capital and other resources. Through the Small Business Investment Company (SBIC) program, small businesses gain access to capital and technical assistance while SBIC fund managers and their institutional and other return-seeking investors can do well by doing good.

In August 2023, the SBIC program expanded to include a new debt instrument called the Accrual Debenture.  Through this expansion, the SBIC program also added two SBIC types and an SBIC Initiative.  

To learn more about the SBIC program, relevant changes and product expansion, download the SBIC program evolution infographic. Target audience: new and established managers, investors, and entrepreneur support organizations. 

Related Programs: Related programs: SBIC
Last updated January 29, 2025