Hearing: A Review of the SBIC Program

Subcommittee on Economic Growth, Tax, and Capital Access (Committee on Small Business)

Wednesday, October 27, 2021 (10:00 AM)

2360 RHOB
Washington, D.C.
The Committee on Small Business Subcommittee on Economic Growth, Tax, and Capital Access will hold a hybrid hearing titled: “A Review of the SBIC Program.” The hearing is scheduled to begin at 10:00 A.M. on Wednesday, October 27, 2021 in Room 2360 of the Rayburn House Office Building. Participating members can also join remotely via Zoom. The hearing will educate Members about the Small Business Administration’s (SBA) Small Business Investment Company (SBIC) program, which is designed to provide debt and equity financing to high-growth small businesses lacking access to adequate capital from traditional sources. Members will have an opportunity to discuss recent proposals to target SBIC funds to underrepresented businesses and critical sectors, as well as ways to improve investor diversity in the program.

Witnesses

Ms. Holly Huels
Founder and Managing Partner, Holleway Capital Partners, LLC, St. Louis, MO

  • Witness Statement [PDF] Added 10/27/2021 at 11:49 AM
  • Witness Truth in Testimony [PDF] Added 10/27/2021 at 11:49 AM
  • Witness Biography [PDF] Added 10/27/2021 at 11:49 AM

Mr. Carl Kopfinger
Senior Vice President, TD Bank, Philadelphia, PA

  • Witness Statement [PDF] Added 10/27/2021 at 11:49 AM
  • Witness Truth in Testimony [PDF] Added 10/27/2021 at 11:49 AM
  • Witness Biography [PDF] Added 10/27/2021 at 11:49 AM

Ms. Carmen Palafox
Partner, MiLA Capital, Chatsworth, CA

  • Witness Statement [PDF] Added 10/27/2021 at 11:49 AM
  • Witness Truth in Testimony [PDF] Added 10/27/2021 at 11:49 AM
  • Witness Biography [PDF] Added 10/27/2021 at 11:49 AM

Mr. John Mickelson
Managing Partner, Midwest Growth Partners, West Des Moines, IA

Added 10/22/2021 at 11:57 AM
  • Witness Statement [PDF] Added 10/27/2021 at 11:49 AM
  • Witness Truth in Testimony [PDF] Added 10/27/2021 at 11:49 AM
  • Witness Biography [PDF] Added 10/27/2021 at 11:49 AM

Hearing Record

  • Hearing Notice [PDF]
  • Hearing: Witness List [PDF]

First Published: October 20, 2021 at 08:43 AM
Last Updated: October 27, 2021 at 11:49 AM