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Is There a Small Business Funding Gap?

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Small businesses are an undeniable engine of growth for the United States, comprising 99 percent of all U.S. firms and driving nearly half our total economic activity. Yet small business owners across the country lack sufficient capital to succeed, grow and scale. The Kenan Institute has conducted a new analysis on the role of the Small Business Administration’s SBIC program in providing capital to the often-overlooked small businesses operating outside of metropolitan centers, as well as those owned by women and underrepresented minorities. Greg Brown, executive director at the Kenan Institute and professor of finance at UNC Kenan-Flagler Business School, discusses the findings in this video.


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