Yes, these are businesses that would be overlooked by your traditional venture capitalists, who look to make big investments in much more developed businesses. So this really stimulates investments that wouldn't be there. Now, Veridian, for example, is one of three new SBICs that we recently licensed that is managed by women and its stated purpose is to invest in women-owned small businesses. That is big news because the most recent figures show that only 3 percent of venture deals and 1 percent of the dollars invested through our SBIC program went to women. That is not adequate.
Women are the fastest-growing sector in the small business sector.
So, somewhere in the midst of all those 9 million women-owned businesses, there probably are some pretty good candidates for venture capital that are going unaddressed. We also have a legislative proposal that would allow venture capital companies to make even smaller-size investments than what can be made currently. That's really designed to help even more fledgling start-ups that have growth potential in communities that are often overlooked. Q Most of the venture dollars being spent from SBIC right now are most likely going to be tech companies. A The majority of the money is going to tech businesses.