Recognizing the need to boost the sagging post-war economy, provide jobs for veterans, and grow the economy to employ the children born in the post-war baby boom, the United States Congress created the Small Business Investment Company program, known as the SBIC, in 1958. This focus on assisting entrepreneurs is credited with creating the economic world dominance of the U.S. during the rest of the century. Besides starting an SBIC, there are many ways for an individual investor to participate in the growth of U.S. small business and reap the financial rewards such an investment can offer.
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