Javier is the SBA's Associate Administrator for the Office of Investment and Innovation (OII) and is part of the SBA's senior leadership team. He leads the agency's Small Business...
About Office of Investment and Innovation
The Office of Investment and Innovation (OII) at the US Small Business Administration runs the Small Business Investment Company (SBIC) program, a portfolio of public-private partnerships comprised of about 300 principal investment funds with over $19 billion in growth capital. With authorization to invest $3 billion annually, the SBIC program operates at a zero-subsidy cost to the American taxpayer.
OII also manages the agency’s Small Business Investment Research (SBIR) and Small Business Technology Transfer (STTR) programs. Combined they set aside ~$2.5 billion a year for small companies to engage in Federally funded R&D and cooperate with 11 government agencies and 100's of research institutions and universities. A key end goal is to assist in commercializing the resulting intellectual property (IP) with applications in a broad range of sectors in our country's economy - from nanotechnology to robotics to communications to genetic therapies to alternative energy.
Finally, OII leads and continues to develop two recently launched initiatives; i) the $1 billion over-five-years Impact Investing Initiative and ii) the $1 billion over-five-years Early Stage Initiative.