SEC Publishes 2025 Small Business Capital Formation Staff Report

USA: SEC Publishes 2025 Small Business Capital Formation Staff Report

Washington, D.C. — The U.S. Securities and Exchange Commission released a staff report to Congress on Jan. 8, 2026 that examines capital‑raising trends among small and emerging businesses across the United States. The Office of the Advocate for Small Business Capital Formation authored the document, positioning it as a comprehensive, data‑rich resource for policymakers, investors, and market participants.

Report Overview

The 2025 staff report presents a multi‑stage analysis of capital formation, segmenting the small‑business marketplace into three distinct lifecycle phases. By mapping activity at each stage, the report aims to illuminate the broader dynamics that shape financing opportunities for firms at different growth points.

Data Segmentation

Key data categories include small and emerging businesses, mature and later‑stage enterprises, as well as initial public offerings and small public companies. This granular approach allows readers to compare capital‑raising patterns across varied business sizes and development stages.

Outreach Highlights

The document details the office’s outreach and public‑engagement efforts throughout fiscal year 2025. Activities ranged from webinars and stakeholder meetings to the distribution of educational materials designed to help small businesses navigate financing options.

Advisory Committee Summary

A summary of the Small Business Capital Formation Advisory Committee’s work during the same fiscal year is included. The committee provided recommendations that informed the report’s findings and helped shape the office’s strategic priorities.

Educational Resources

Feedback gathered from ongoing outreach informed enhancements to the office’s suite of educational resources. These tools are intended to equip both entrepreneurs and investors with clearer guidance on capital‑raising processes.

Implications for Stakeholders

According to the SEC, the report’s insights will support more informed decision‑making in the capital markets and may guide future regulatory considerations affecting small‑business financing.

This report is based on information from SEC, licensed under Public Domain (U.S. Government Work). Source: Official U.S. Government release.