Small Business Investment Opportunity Act of 2017

Bill 115 hr 2333, also known as the Small Business Investment Opportunity Act of 2017, aims to provide support and resources for small businesses in the United States. The bill focuses on increasing access to capital for small businesses by expanding the Small Business Investment Company (SBIC) program.

The SBIC program is a government initiative that provides funding to small businesses through privately-owned and managed investment funds. The Small Business Investment Opportunity Act of 2017 seeks to increase the amount of funding available through the SBIC program, as well as streamline the application process for small businesses seeking funding.

Additionally, the bill includes provisions to encourage investment in underserved communities and minority-owned businesses. It also aims to promote job creation and economic growth by supporting small businesses in their efforts to expand and create new opportunities. Overall, the Small Business Investment Opportunity Act of 2017 is designed to provide much-needed support for small businesses in the United States, helping them to thrive and contribute to the country's economic success.