Hill Honored with SBIA’s Champion of Small Business Investing Award
WASHINGTON - The Small Business Investor Alliance (SBIA), the leading association of lower middle market private equity funds and investors, today recognized Congressman French Hill (AR-02) for his support of small business investment and presented him with SBIA’s Champion of Small Business Investing Award. Hill is among a group of select Members of Congress being honored by SBIA for their support of investors in small business.
“When there’s more capital available and less government red tape, job creators have room to grow and expand, which spurs on our local and national economies,” said Hill. “Small businesses are the backbone of our nation’s success, and I’m proud to support legislation and initiatives that encourage job creation and growth, better paying jobs, and more better benefits for employees and their families. I thank SBIA for this honor.”
“Congressman Hill has been an incredible advocate for investment in America’s small businesses through his support of the Business Development Company (BDC) industry,” said SBIA President Brett Palmer. “Small business investors empower small business growth and job creation across the country, and the legislative work of our Small Business Champions in Congress has been instrumental to facilitating greater capital access for America’s entrepreneurs.”
BDCs provide critical growth capital to American small businesses to help them expand their operations and create jobs; they currently have more than $306 million invested in Arkansas small businesses.