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Small business Congress-watch: Three Pending Bills and Why They Matter

crowdSPRING Blog

511: EXCEL Act (Introduced 3/11/2013) The EXCEL (Expanding Access to Capital for Entrepreneurial Leaders) Act amends the Small Business Investment Act of 1958 and seeks to guarantee the payment of securities issued by small business investment companies (SBICs) of up to $4 billion annually. How so, you ask?

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What type of capital should you raise, and from who?

David Teten

Some firms provide tools to do this online, e.g., Capital ’s Cost of Equity estimator ; Lighter Capital’s Cost of Capital Calculator ; 645 Ventures’ cap table simulator. SBA loans are available through SBA-approved banks and SBIC funds. A good resource for looking up SBICs is here.” . Small Business Association Loans.

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Why Governments Don’t Get Startups

Steve Blank

The plummeting cost required to build a product, the radically reduced time to bring a product to market and the availability of angel capital willing to invest less than a traditional VCs– $100K – $1M versus $4M on up – has allowed these companies to proliferate – and their investors to make money.