Bailey G. DeVries

Associate Administrator

Office of Investment and Innovation

Ms. DeVries serves as the Associate Administrator and Head of the Office of Investment and Innovation where she leads the Agency’s portfolio of private investment partnerships and innovation funding programs. These programs include the Small Business Investment Company (SBIC) Program, the Small Business Innovation Research and Technology Transfer Programs (SBIR/STTR), and SBA’s innovation ecosystem support organization (ESO) development programs including the Growth Accelerator Fund Competition (GAFC) and the Federal and State Technology Partnership Program (FAST).

Ms. DeVries also serves as the Acting Associate Administrator and Head of the Office of Capital Access where she leads the Agency’s portfolio of loan and surety bond programs including SBA’s flagship 7(a) Business Loan Guaranty Program, the 504 Certified Development Company Loan Program, the Microloan Program, and the Surety Bond Guaranty Program.

Ms. DeVries comes to the SBA after a private sector career in the asset management and defense industries. She has served in leadership and executive roles while at T. Rowe Price, Greenspring Associates (now Stepstone), Trail Mix Ventures, and Sotera Defense. She began her career at the strategy and management consulting firm, CEB (now Gartner Research).

Ms. DeVries holds an M.B.A. from Georgetown University, an M.S. from Northwestern University, and a B.A. from Wake Forest University.  She serves on the U.S. Securities and Exchange Commission’s (SEC) Small Business Capital Formation Advisory Committee.