SBIA Presents Congressman Steve Knight (R-CA) with Champion of Small Business Investing Award
FOR IMMEDIATE RELEASE
Small Business Investor Alliance
WASHINGTON, D.C. (October 31, 2018) – Today, the Small Business Investor Alliance (SBIA), the leading association of lower middle market private equity funds and investors, recognized Congressman Steve Knight (R-CA) for his support of small business investment and presented him with SBIA’s Champion of Small Business Investing Award. Rep. Knight is among a group of select Members of Congress whom SBIA is honoring in recognition of their support for small business access to capital.
“Congressman Knight has been an incredible advocate for investment in America’s small businesses through his support of the Small Business Investment Company (SBIC) program, his work on the House Small Business Committee, and his bill—the Small Business Investment Opportunity Act—which was signed into law,” said SBIA President Brett Palmer. “As Chairman of the Subcommittee on Contracting & the Workforce, Rep. Knight understands the challenges employers face across the country to receive necessary resources. Small business investors empower growth and job creation across the country, and the legislative work of our Small Business Champions in Congress has been instrumental to facilitating greater capital access for America’s entrepreneurs.”
SBICs provide critical growth capital to American small businesses to help them expand their operations and create jobs; they have invested more than $6.4 billion in California businesses over the past 10 years.
About the Small Business Investor Alliance (SBIA)
The Small Business Investor Alliance (SBIA) is the premier organization of lower middle market private equity funds and investors. SBIA works on behalf of its members as a tireless advocate for policies that promote competitive markets and robust domestic investment for growing small businesses. SBIA has been playing a pivotal role in promoting the growth and vitality of the private equity industry for over 50 years. For more information, visit www.SBIA.org or call (202) 628-5055.