Tag Archives: federal government website

Benefits.gov – Equity Investment – Small Business Investment Company (SBIC) Program

The Small Business Investment Company (SBIC) program, part of the U.S. Small Business Administration (SBA), was created in 1958 to fill the gap between the availability of venture capital and the needs of small businesses in start-up and growth situations. SBICs exist to supply equity capital, long­term loans and management assistance to qualifying small businesses.The privately owned and operated SBICs use their own capital and funds borrowed from the U.S. Small Business Administration (SBA) to provide financing to small businesses in the form of equity securities and long­term loans. SBICs are profit­seeking organizations that select small businesses to be financed within rules and regulations set by SBA. Specialized SBICs (SSBIC) are a particular type of SBIC that provide assistance solely to small businesses owned by socially or economically disadvantaged persons.

SBICs invest in a broad range of industries. Some SBICs seek out small businesses with new products or services because of the strong growth potential of such firms. Some SBICs specialize in the field in which their management has special competency. Most SBICs, however, consider a wide variety of investment opportunities.

General Program Requirements

To obtain SBIC financing, you should first identify and investigate existing SBICs that may be interested in financing your company. Use the SBIC directory as a first step in learning as much as possible about SBICs in your state, or in other areas important to your company’s needs. In choosing an SBIC, consider the types of investments it makes, how much money is available for investment and how much might be available in the future. You should also consider whether the SBIC can offer you management services appropriate to your needs. Only companies defined by SBA as “small” are eligible for SBIC financing.

Loan Terms

This program provides equity investment as opposed to debt financing. The difference is that debt involves a loan that needs to be repaid on certain terms. An equity investment involves an Investment company that buy a piece of your business. They become co-owners in the business. These type of investments are negotiated by the investor and the company and therefore do not have standard terms like a debt financing (loan) program. More information about preparing for the investment is located at:
http://www.sba.gov/aboutsba/sbaprograms/inv/esf/inv_sbic_financing.html.

Application Process

To find information about active SBICs, please visit the National Association of Small Business Investment Companies (NASBIC) website at:http://www.nasbic.org

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Benefits.gov – Equity Investment – Small Business Investment Company (SBIC) Program

The Small Business Investment Company (SBIC) program, part of the U.S. Small Business Administration (SBA), was created in 1958 to fill the gap between the availability of venture capital and the needs of small businesses in start-up and growth situations. SBICs exist to supply equity capital, long­term loans and management assistance to qualifying small businesses.The privately owned and operated SBICs use their own capital and funds borrowed from the U.S. Small Business Administration (SBA) to provide financing to small businesses in the form of equity securities and long­term loans. SBICs are profit­seeking organizations that select small businesses to be financed within rules and regulations set by SBA. Specialized SBICs (SSBIC) are a particular type of SBIC that provide assistance solely to small businesses owned by socially or economically disadvantaged persons.

SBICs invest in a broad range of industries. Some SBICs seek out small businesses with new products or services because of the strong growth potential of such firms. Some SBICs specialize in the field in which their management has special competency. Most SBICs, however, consider a wide variety of investment opportunities.

General Program Requirements

To obtain SBIC financing, you should first identify and investigate existing SBICs that may be interested in financing your company. Use the SBIC directory as a first step in learning as much as possible about SBICs in your state, or in other areas important to your company’s needs. In choosing an SBIC, consider the types of investments it makes, how much money is available for investment and how much might be available in the future. You should also consider whether the SBIC can offer you management services appropriate to your needs. Only companies defined by SBA as “small” are eligible for SBIC financing.

Loan Terms

This program provides equity investment as opposed to debt financing. The difference is that debt involves a loan that needs to be repaid on certain terms. An equity investment involves an Investment company that buy a piece of your business. They become co-owners in the business. These type of investments are negotiated by the investor and the company and therefore do not have standard terms like a debt financing (loan) program. More information about preparing for the investment is located at:
http://www.sba.gov/aboutsba/sbaprograms/inv/esf/inv_sbic_financing.html.

Application Process

To find information about active SBICs, please visit the National Association of Small Business Investment Companies (NASBIC) website at:http://www.nasbic.org

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USA.gov – March 31: Last Day to Enroll in Health Insurance through the Marketplace

If you don’t have health insurance, or would like to change your coverage, you still have time to apply. March 31 is the last day you can enroll in 2014 coverage through the Health Insurance Marketplace. After March 31, you won’t be able to apply until the next open enrollment, unless you experience a qualifying life event. Get more information on how to apply for health coverage. https://www.healthcare.gov/how-do-i-apply-for-marketplace-coverage/

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Government Resources – Much More Than Just Grants

I often feel inspired to post information snippets I receive by email from a cool service from USA.gov. It got me thinking that grants are just one small part of the resources available from government. Further, it made me realize that to be good at getting grants, you have to be able to think on your feet and be willing to not only look for information but be open to information when it comes in because sometimes it comes from the weirdest places. And whatever is going on in the world (good or bad) is directly related to where funding is or soon will be too. Oftentimes this is a sad reality, such as after disasters like the tornadoes in Oklahoma, but it is a reality.

I’ll continue to post information resources that I get from USA.gov and feel free to check them out yourself if you want to be informed about all kinds of topics that you might not think that government would have anything to do with.

Here’s one on how to improve your gas mileage 🙂 http://www.fueleconomy.gov/feg/drive.shtml

Here’s an overview of the tips:
1. Drive More Efficiently

  • Avoid speeding, rapid acceleration, and unnecessary braking
  • Observe the speed limit
  • Avoid idling
  • Remove unnecessary items that add weight to your vehicle
  • Use cruise control on the highway
  • Use overdrive gears when appropriate 

2. Keep Your Car in Shape

  • Get regular tune-ups
  • Keep tires properly inflated
  • Use the motor oil recommended for your vehicle
  • Replace a clogged air filter 

3. Plan and Combine Trips

  • Combine errands into one trip
  • Consider commuting alternatives (carpooling, public transit, etc.) 

4. Choose a More Efficient Vehicle

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22nd Anniversary of the ADA – visit Disability.gov for info and resources

The 22nd anniversary of the Americans with Disabilities Act (ADA) occurred on July 26th.  This landmark legislation advanced the civil rights of people with disabilities throughout the nation.  More than 54 million people in the United States live with a disability of some kind, be it sensory, physical, intellectual, developmental, emotional or mental.Disability.gov, the federal government website for comprehensive information on disability programs and services in communities nationwide, offer hundreds of resources on protecting your civil rights if you have a disability. Learn about your rights on the job, different types of discrimination, how to file a complaint and what the federalgovernment is doing to enforce the ADA and other laws. The site also covers topics such as applying for benefits, getting health care, finding a job, and paying for housing.

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