SBA Reports 23 Percent Increase In Growth Capital Program
WASHINGTON ? Financing from the U.S. Small Business Administration's growth capital program increased 23 percent in fiscal year 2010, providing a record $1.59 billion to help small businesses grow and create jobs. The fiscal year 2010 volume is the highest single-year volume in the 50-year history of SBA's Small Business Investment Company (SBIC) debenture program.