SBA Pours Billions Into Venture Capital, US Startups To Change The Business Landscape
Portfolio Pulse from AJ Fabino
The U.S. Small Business Administration (SBA) plans to invest billions into venture capital funds, reshaping the Small Business Investment Company (SBIC) program. The updated SBIC program will channel investments exclusively into U.S. small businesses, with a focus on underserved areas and industries crucial to national security. The ROBO Global Robotics & Automation Index ETF (NYSE:ROBO) and the VanEck Vectors Semiconductor ETF (NASDAQ:SMH) may benefit from this emphasis on critical technology sectors.
August 17, 2023 | 8:37 pm
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POSITIVE IMPACT
The ROBO Global Robotics & Automation Index ETF (ROBO) may benefit from the SBA's investment into critical technology sectors.
The SBA's investment into critical technology sectors, such as robotics and AI, could lead to increased funding and growth in these areas, potentially benefiting the ROBO ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
The VanEck Vectors Semiconductor ETF (SMH) may benefit from the SBA's investment into critical technology sectors.
The SBA's investment into critical technology sectors, such as semiconductors, could lead to increased funding and growth in these areas, potentially benefiting the SMH ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75