The Securities and Exchange Commission (SEC) Small Business Capital Formation Advisory Committee has published its agenda for the forthcoming meeting taking place on February 4th.
According to the SEC, the committee will explore funding gaps that impede growth opportunities for entrepreneurs and job creators. The committee expects to “explore detailed data on public and private companies, investors, funds, and investment activity to examine how entrepreneurs’ diverse capital needs are being met and where policy solutions may be needed.”
Two smaller regional funds will also participate in the meeting as well as an entrepreneur, Darnell Smith, founder and CEO, Mojo.
The entire agenda is embedded below.
The meeting is open to the public and will be live-streamed on the SEC website as well.
Meeting of the Small Business Capital Formation Advisory Committee
Date: Tuesday, February 4
Location: SEC Headquarters, 100 F Street, N.E.
Multipurpose Room, LL-006
|9:30||Call to order; introductory remarks by Commissioners|
|9:45||Overview of Annual Report from the SEC’s Office of the Advocate for Small Business Capital Formation
Jenny Riegel, Special Counsel in the SEC’s Office of the Advocate for Small Business Capital Formation, will provide an overview of the Office’s FY 2019 Annual Report, with a focus on the state of small business capital formation. The report includes data from various segments of the market, including small emerging businesses, mature and later-stage businesses, and small public companies, as well as data on challenges faced by minority- and women-owned businesses, businesses in communities affected by natural disasters, and rural businesses.
|10:00||Exploration of Small Business Capital Markets Data and Challenges Faced by Small Businesses and Their Investors
In prior meetings, the Committee members have discussed where gaps that impede growth opportunities for entrepreneurs and job creators exist in the allocation of capital from investors to small businesses. Data will assist the continuation of that analysis.
Speaker: James Gelfer, Senior Strategist, Lead Venture Analyst, PitchBook. PitchBook is a financial data provider that collects and analyzes detailed data on the venture capital (VC), private equity and M&A landscape – including public and private companies, investors, funds, investments, exits, and people. James launched PitchBook’s VC coverage in 2012 and currently leads PitchBook’s research initiatives in private equity, venture capital, and emerging technologies.
|1:15||SEC Office of Minority and Women Inclusion
Pamela Gibbs, Director of the SEC’s Office of Minority and Women Inclusion, will provide the Committee with an introduction to the Office and discuss how they collaborate with the Office of the Advocate for Small Business Capital Formation and other SEC teams on outreach events and initiatives.
|1:30||Local Capital Availability for Early Stage Companies and the Role of Regional Funds
The Committee will discuss various challenges that entrepreneurs face in raising capital and that funds experience in supporting the emergence of small businesses during critical capital raising milestones.
|3:30||Wrap-up and Adjournment|