Hercules CEO Manuel A. Henriquez Participates in a U.S. Senate Roundtable to Discuss the Small Business Investment Company of the Startup America Legislative Program
Henriquez will be one of the panelists on the Senate committee
roundtable: "A Spotlight on Small Business Investment Companies and
their role in the Entrepreneurship Ecosystem"
PALO ALTO, Calif.--(BUSINESS WIRE)--
Hercules Technology Growth Capital, Inc. (NASDAQ:HTGC), a leader in
customized debt financing for entrepreneurial venture capital and
private equity-backed companies in technology-related markets including
cleantech and life science, today announced that Manuel A. Henriquez,
the company's co-founder, chairman and chief executive officer, will
participate in a Senate roundtable discussions on modifications to the
Small Business Investment Company (SBIC) program.
Senators Mary L. Landrieu, D-La., and Olympia Snowe, R-Maine, Chair and
Ranking Member of the Senate Committee on Small Business and
Entrepreneurship, have introduced legislation to modify the Small
Business Investment Company (SBIC) program to raise the amount of SBIC
debt the Small Business Administration (SBA) can guarantee. The bill
would modify the SBIC program to raise the amount of SBIC debt the SBA
can guarantee from $3 billion to $4 billion. Chair Sen. Landrieu will
lead the committee in a roundtable with federal officials, SBIC fund
managers and companies to discuss potential additional modifications to
the SBIC program.
WHAT: "A Spotlight on Small Business Investment Companies and
their role in the Entrepreneurship Ecosystem"
WHO: Manuel A. Henriquez, Hercules co-founder, chairman and chief
executive officer
WHEN: Thursday, March 22, 2012 from 10:00 a.m. to 12:00 p.m. EDT
WHERE: 428A Senate Russell Building, Constitution Avenue and 1st
Street, NE, Washington, D.C.
About Hercules Technology Growth Capital, Inc.
Hercules Technology Growth Capital (NASDAQ: HTGC), is a NASDAQ traded
specialty finance firm providing customized loans to public and private
technology-related companies, including clean technology, life science
and select lower middle market technology companies at all stages of
development. Since inception, Hercules has committed more than $2.7
billion to over 190 companies and is the lender of choice for
entrepreneurs, venture capital and private equity firms seeking ideal,
customized growth capital financing at all stages of a company's
development to accelerate business growth and reach the next critical
milestone.
Companies interested in learning more about financing opportunities
should contact info@htgc.com, or call
650.289.3060.
Forward-Looking Statements
The statements contained in this release that are not purely historical
are forward-looking statements. These forward-looking statements are not
guarantees of future performance and are subject to uncertainties and
other factors that could cause actual results to differ materially from
those expressed in the forward-looking statements including, without
limitation, the risks, uncertainties, including the uncertainties
surrounding the current market, and other factors we identify from time
to time in our filings with the Securities and Exchange Commission.
Although we believe that the assumptions on which these forward-looking
statements are based are reasonable, any of those assumptions could
prove to be inaccurate and, as a result, the forward-looking statements
based on those assumptions also could be incorrect. You should not place
undue reliance on these forward-looking statements. The forward-looking
statements contained in this release are made as of the date hereof, and
Hercules assumes no obligation to update the forward-looking statements
for subsequent events.
Schwartz MSL
Merrill Freund or Britt Gottlieb, 415-512-0770
hercules@schwartzmsl.com
or
Hercules
Technology Growth Capital, Inc.
Main, 650-289-3060 HT-HN
info@htgc.com
Linda
Rothemund, 415-445-3236
Source: Hercules Technology Growth Capital, Inc.
News Provided by Acquire Media
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