Hearing On Investment in Critical Technologies Through the Small Business Admini
Hearing On Investment in Critical Technologies Through the Small Business Admini
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Summing up here, I will say that I think it is demonstrable that the SBICs in fact have financed critical technologies, and that the participating preferred instrument will be a great enabler to permit them to do more.
I believe that there is a danger in compromising the old SBIC structure with that proposed for the Commerce program. The exist- ing program has an internal financial integrity developed over time into the capital structure. Good people from the agency and private industry spent 2... years developing a structure that rewards performance and penalizes failure and abuse.
I think a casual interposition of soft money into that capital structure, for whatever purposes, with no size limitation, will cause problems.
54 The SBIC program has a record of success. In response to Sena- tor Pressler's question on who else in the world has them, and Mr. Foren responded "Japan, " I think this Committee should under- stand that the program has been an international model, including for Japan.
What to read after Hearing On Investment in Critical Technologies Through the Small Business Admini?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress Senate Committee On Smal to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Summing up here, I will say that I think it is demonstrable that the SBICs in fact have financed critical technologies, and that the participating preferred instrument will be a great enabler to permit them to do more.
I believe that there is a danger in compromising the old SBIC structure with that proposed for the Commerce program. The exist- ing program has an internal financial integrity developed over time into the capital structure. Good people from the agency and private industry spent 2... years developing a structure that rewards performance and penalizes failure and abuse.
I think a casual interposition of soft money into that capital structure, for whatever purposes, with no size limitation, will cause problems.
54 The SBIC program has a record of success. In response to Sena- tor Pressler's question on who else in the world has them, and Mr. Foren responded "Japan, " I think this Committee should under- stand that the program has been an international model, including for Japan.
What to read after Hearing On Investment in Critical Technologies Through the Small Business Admini?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress Senate Committee On Smal to read onlineMoreLess
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