Small Business Investment Company License Issuance

---
identifier: "/us/fr/2024-17608"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Small Business Investment Company License Issuance"
title_number: 0
title_name: "Federal Register"
section_number: "2024-17608"
section_name: "Small Business Investment Company License Issuance"
positive_law: false
currency: "2024-08-08"
last_updated: "2024-08-08"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Small Business Administration"
document_number: "2024-17608"
document_type: "notice"
publication_date: "2024-08-08"
agencies:
  - "Small Business Administration"
fr_citation: "89 FR 65005"
fr_volume: 89
fr_action: "Notice of Small Business Investment Company (SBIC) Licenses."
---


#  Small Business Investment Company License Issuance

**AGENCY:**

U.S. Small Business Administration.

**ACTION:**

Notice of Small Business Investment Company (SBIC) Licenses.

Pursuant to the authority granted to the United States Small Business Administration under section 301(c) of the Small Business Investment Act of 1958, as amended, to grant Small Business Investment Company licenses under the Small Business Investment Company Program, this notice satisfies the requirement effective August 17, 2023 under 13 CFR 107.501(a) to publish in the *Federal Register* the names of SBICs with date of licensure and Total Intended Leverage Commitments. The following SBICs received SBIC licenses from July 1, 2024, through July 31, 2024:

| SBIC fund name | Date of | Leverage |
| --- | --- | --- |
| BIP III SBIC, L.P | 7/08/2024 | Non-leveraged. |
| Northstar Mezzanine Partners SBIC II, L.P | 7/11/2024 | 2.0x. |
| Hercules SBIC V, L.P | 7/11/2024 | 2.0x. |
| Cultivation Capital Seed Fund III, L.P | 7/11/2024 | Non-leveraged. |
| High Street Capital VI SBIC, L.P | 7/15/2024 | 2.0x. |
| Northcreek Mezzanine Fund IV, L.P | 7/15/2024 | 2.0x. |

Bailey DeVries,

Associate Administrator, Office of Investment and Innovation, U.S. Small Business Administration.