SBIC Regulations Class
The Investment Division of the U.S. Small Business Administration (SBA), in partnership with NASBIC, holds SBIC Regulations Training Classes in Washington, DC, and occasionally in other locations.
The next class will be held in Washington, DC on September 1, at the Hilton Garden Inn, 815 14th Street, NW, Washington, DC 20005. For room reservations at the Hilton call (800) 471-6153. Registrants are responsible for making their own hotel reservations, and we suggest that you make your reservations as soon as possible.
Space in each class is limited. The cost is $450 per person to cover materials for the class, audiovisuals, food, and the meeting room. This fee must be paid in advance, by MasterCard, Visa, or American Express, via the secure online registration form. NASBIC will confirm the class reservation and fax or email it back to you. Due to the high demand for these classes, attendance in each class is limited to two persons per licensee/applicant.
All SBIC managers and staff who have not attended a training class are required to do so. Attorneys and accountants who work closely with your SBIC are also encouraged to attend. Please note that if there is not sufficient interest in a class, it will be cancelled.
On the day of the class, registration will be from 8:00 to 9:00 a.m. The training session is from 9:00 a.m. to 5:00 p.m. In order to receive credit for attendance, each individual must be present for the entire session. Therefore, we recommend that you do not try to take an early flight on the day of the class or schedule a return flight that would require you to leave early. Notification of cancellation must be in writing and must be received at NASBIC 72 hours in advance in order to obtain a refund or a transfer to a later class.
For license applicants, SBA requires that at least one of your investment officers attend a class prior to making a second pre-licensing investment. With few exceptions, all investment officers must attend one of the training classes prior to licensing.
For further information, contact NASBIC at (202) 628-5055.
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