Investing in All of America Act of 2025

The Investing in All of America Act of 2025 would modify the Small Business Investment Act of 1958 to expand investment opportunities for small businesses. The bill would allow Small Business Investment Companies (SBICs)—regulated investment vehicles that provide financing to small businesses—to access additional leverage (borrowed funds) when investing in specific priority areas. These priority areas include small businesses located in rural or low-income communities, domestic manufacturing companies, and businesses operating in technology sectors critical to national security.

Specifically, the bill would exclude certain investments in these priority areas from the leverage cap restrictions that normally apply to SBICs. This means investment companies could invest more capital in these targeted businesses without hitting the usual borrowing limits. The bill also adds college and university foundations, endowments, and trusts as eligible sources of private capital for these investment companies. According to supporters, the legislation would operate at no cost to taxpayers and preserve the existing zero-subsidy model of the SBIC program, while incentivizing greater private investment into small businesses in underserved areas and critical industries.