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LCM Healthcare Fund I, L.P., located in Dallas, Texas, is a federal licensee under the Small Business Investment Act seeking an exemption from the U.S. Small Business Administration (SBA). The exemption is requested for a proposed equity financing deal with Northwest Surgical Development Company, Inc., which is considered a conflict of interest as it does not meet specific terms and conditions required by SBA regulations. The SBA is asking for public comments on this transaction within fifteen days of the notice's publication. Thomas Morris from the SBA is in charge of this matter.

The United States Small Business Administration (SBA) has announced that the license for Aldine SBIC Fund, L.P. to operate as a small business investment company is now null and void. This action is taken under the authority of the Small Business Investment Act of 1958 and relevant SBA regulations. The official declaration was made by Thomas G. Morris, Acting Associate Administrator and Director of the Office of SBIC Liquidation.

The U.S. Small Business Administration (SBA) has proposed new rules to improve the Small Business Subcontracting Program. These changes aim to ensure small business subcontractors get paid faster and make it easier to report subcontracting activities. Prime contractors would need to inform contracting officers if they fail to pay subcontractors on time and work with them to fix such issues. The new rules also involve simplifying subcontracting reporting, clarifying how to assign size classifications to subcontractors, and expanding the authority of who can sign Subcontracting Summary Reports (SSRs).

The United States Small Business Administration (SBA) has voided the license of the New York Credit SBIC Fund L.P. This action was taken under the authority of section 309 of the Small Business Investment Act of 1958 and the regulations in 13 CFR 107.1900. The license, numbered 03/03-0265, allowed the Fund to function as a small business investment company. This decision means the New York Credit SBIC Fund L.P. can no longer operate under that license.

The U.S. Small Business Administration (SBA) is making corrections to regulations regarding the certification of Women-Owned Small Business Concerns (WOSBs) and Economically Disadvantaged Women-Owned Small Business Concerns (EDWOSBs). These changes, published in the Federal Register, include adjustments to incorrectly transposed dates and clarifications in examples to accurately reflect the application of new rules. SBA or third-party certifiers will conduct program examinations every three years after a business's initial certification or last program examination. This correction ensures that WOSBs and EDWOSBs meet all program requirements consistently.