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SBA district director in Houston outlines SBIC, SBIR and STTR support for local startups
Summary
Mark Winchester, director of the U.S. Small Business Administration Houston District Office, explained SBIC leverage, SBIR/STTR grants and SBIC 'patient capital' features; SCORE mentoring and investor networks were described as pathways to those federal programs.
On the SCORE Houston podcast, Mark Winchester, district director for the U.S. Small Business Administration (SBA) Houston District Office, walked through three federal programs entrepreneurs commonly reference: Small Business Investment Companies (SBICs), the Small Business Innovation Research (SBIR) program and the Small Business Technology Transfer (STTR) program.
Winchester said SBICs provide equity-style investment capital through…
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