On December 16th, the SEC’s
Office of the Advocate for Small Business Capital Formation released its
2022 Annual Report to Congress and the SEC. The report summarizes how entrepreneurs and investors are building companies together, from startups to small public companies.
The annual report provides a comprehensive assessment of the various aspects of capital raising in communities nationwide. This year’s report includes the following:
- highlights of the Office’s advocacy work in fiscal year 2022
- policy recommendations
- an outline of the Small Business Capital Formation Advisory Committee’s 2022 activities
- data on small business capital formation, including the following topics:
- small and emerging businesses;
- mature and later-stage businesses
- small public companies
- women business owners and investors
- minority business owners and investors
- natural disaster areas
- rural communities
The Office of the Advocate for Small Business Capital Formation is an independent office, formed by Congress in January 2019, to promote the interests of small businesses. In particular, the Office works to identify and address specific challenges faced by minority- and women-owned, rural, and natural disaster area small businesses and their investors, while providing educational resources to help small businesses navigate capital raising.
Source:
SEC Small Business Advocacy Office Releases Annual Report on Capital Raising (sec.gov)
2022 Annual Report (sec.gov)
