FREE Government Grants: Federal and State

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FREE Government Grants From $500 - $500,000 Are Being Given Away

 

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How to apply for free governments grants

that SBA shares in the profits of the SBIC. SSBICs also may issue participating securities. POST ASSISTANCE REQUIREMENTS: Reports: Financial report (annual); program financing reports; any other report furnished stockholders. Audits: Annual audit by a certified public accountant and periodic examinations by SBA personnel. Records: Current financial records, minutes of meetings of stockholders, general partners, directors, executive committees, and time spent and charges made for management consulting services performed must be maintained for 6 years. Range and Average of Financial Assistance: SBIC and SSBIC Leverage: 113 $50,000 to $90,000,000; $14,323,000. PROGAM ACCOMPLISHMENTS: As of September 2000, the SBA portfolio of active companies was composed of 325 SBICs with capital resources of $12.9 billion and 59 Specialized SBICs (SSBICs) with capital resources of $256 million. INFORMATION CONTACTS: Headquarters Office: Associate Administrator for Investment, Investment Division, Small Business Administration, 409 Third Street, SW., Washington, DC 20416. Telephone: (202) 205-6510. Use the same number for FTS. Web Site Address: http://www.sba.gov. Rural Business Opportunity Grants 114 Credentials/Documentation: Evidence of legal capacity. Evidence of financial strength and expertise in activities such as proposed in the

 

 

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