September 23, 2021

Business Research/Data: SBA Issues Report on Diversity Trends in Small Business Investing

From the Small Business Administration:

Today Maria Contreras-Sweet, Administrator of the U.S. Small Business Administration (SBA) released a groundbreaking SBA study showing the racial and gender makeup of investment boards is tied directly to investment decisions they make, especially with regard to the race and gender of the owners of companies in which they invest.

Contreras-Sweet highlighted the importance of the findings, saying, “I have made it a top priority as SBA Administrator to ensure that firms led by women and underrepresented groups are able to reach their full potential. I know some of these challenges firsthand. Unfortunately, start-ups owned by women and minorities often face an even more daunting challenge accessing the capital they need to grow and prosper. This study confirms that challenge but it also shows that we can expand opportunity and increase our overall economic strength by ensuring more women and underrepresented groups are in a position to make major investment decisions.”

The report was produced by Dr. John Paglia, associate dean and professor of finance, Pepperdine Graziadio School of Business and Management and Dr. David T. Robinson, professor of finance at Duke University Fuqua School of Business, senior strategist for research for the Duke Innovation & Entrepreneurship Initiative and an advisory board member for the Private Equity Research Consortium.

Underlying research was conducted by the Federal Research Division of the Library of Congress.

Direct to Full Text Report 
56 pages; PDF.

See Also: MORE New Research Reports, Datasets, Reference Resources in this Roundup Post

About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.

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