SBIA Presents Senator Thom Tillis (R-NC) with Champion of Small Business Investing Award
November 9, 2018
FOR IMMEDIATE RELEASE
Small Business Investor Alliance
WASHINGTON, D.C. (November 9, 2018) – Today, the Small Business Investor Alliance (SBIA), the leading association of lower middle market private equity funds and investors, recognized Senator Thom Tillis (R-NC) for his support of small business investment and presented him with SBIA’s Champion of Small Business Investing Award. Senator Tillis is among a group of select Members of Congress whom SBIA is honoring in recognition of their support of capital access for small businesses.
“Senator Tillis has been an incredible advocate for investment in America’s small businesses through his support of the Small Business Investment Company (SBIC) Program and the Business Development Company (BDC) industry,” said SBIA President Brett Palmer. “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.”
Presenting the award to Senator Tillis was SBIA member Alex Bean of Plexus Capital and SBIA President Brett Palmer.
BDCs provide critical growth capital to American small businesses to help them expand their operations and create jobs; they currently have over $1.9 billion invested in North Carolina businesses. SBICs have invested more than $1.4 billion in North Carolina small 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.