Small Business Investor Alliance Welcomes SBA Associate Administrator Bailey DeVries

The U.S. Small Business Administration is staffing up!

WASHINGTON, D.C. (August 18, 2021) – The U.S. Small Business Administration (SBA) announced its senior leadership team and key appointees, including Bailey DeVries as the new Associate Administrator in the Office of Investment & Innovation (OII). The OII leads four programs that provide capital and funding to the small business community, including the Small Business Investment Company (SBIC) program.

Prior to her appointment, Bailey was a Venture Partner at Trail Mix Ventures (TMV), where she dedicated her time to financially inclusive seed stage investments. An Illinois native, she previously served in executive roles with Greenspring Associates, T. Rowe Price Associates, and Sotera Defense Solutions and has nearly two decades of experience in business strategy, asset management, government contracting, and investments.

Public policies that help small businesses gain access to capital are crucial to economic growth and job creation, and SBIA works on behalf of its members to promote policies that support robust domestic investment.  SBIA looks forward to working with the new Associate Administrator to advance our common goal of providing access to capital for American small businesses.


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 60 years. For more information, visit or call (202) 628-5055.

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