SBA chief speaks out on credit crunch, venture capital

SBA chief speaks out on credit crunch, venture capital

Small Business Administration chief Karen Mills says improving access to credit for entrepreneurs is her top priority, and she cites the creation of $6.2 billion in loans since the stimulus package went into effect. As for the controversy over providing SBA loans to companies backed by venture capital, Mills says "we don't want to turn away the most promising businesses ... [just] because they have a certain structure." BusinessWeek (07/23)