New chief for SBA’s SBICs

      The SBA’s Office of Innovation and Investment (OII)--which runs the SBIC program--has a new leader in Bailey DeVries, who recently was appointed SBA’s Associate Administrator for the OII.

      Her post was one of the last senior positions at SBA to be filled, and industry stakeholders recently testified that staffing shortages in the office were “severe,” according to Rep. Sharice Davids, who chaired a House Small Business subcommittee hearing on SBICs on Oct. 27.

      In FY2020, SBICs made 2,533 financings to 1,063 small businesses (including 262 owned by women, veterans, or minorities, or are in lower income areas), averaging $1.9 million each.

More Information:
House Small Business Committee Hearing: https://bit.ly/3BphU4V

COVID19 fraud to be top priority at SBA ‘for many years,’ IG says

Polaris RFP by Dec. 21

Syed delayed again by GOP

‘The Slow Season’: Q1 set-aside awards are lowest of the year

Certify.gov still ineffective: IG

GSA names CGI for catalog

CIO-SP4 awards Feb. 28

New chief for SBA’s SBICs

Column: M&A for Small GovCons: Are We In or Out?

Washington Insider:

Coronavirus Update