On December 12th, the SEC’s Office of the Advocate for Small Business Capital Formation issued to Congress its 2024 Annual Report, which details how entrepreneurs and investors are building companies together, from startups to small public companies. The report includes policy recommendations from the office, a summary of the office’s advocacy work and public engagements from fiscal year 2024, and the Small Business Capital Formation Advisory Committee’s fiscal year 2024 overview of activities.
The report, which is an in-depth resource on the dynamics of capital raising in communities nationwide, is comprised of data on small business capital formation, including:
- Small and emerging businesses
- Mature and later-stage businesses
- Initial public offerings and small public companies
- Women founders and investors
- Diverse founders and investors
- Natural disaster areas
- Rural communities
The office promotes and supports the interests of small businesses and their investors. Based on public feedback, the Office has made available educational resources to provide small businesses and their investors with tools to navigate capital raising.
Sources:
SEC Small Business Advocacy Office Delivers Report to Congress on Capital Raising for Startups to Small Public Companies (sec.gov)
2024 Annual Report (sec.gov)
