New North Ventures Surrenders Small Business Investment License
Published Date: 3/5/2026
Notice
Summary
New North Ventures Fund II SBIC, L.P. has officially given up its license to operate as a Small Business Investment Company. This means they won’t be making new investments under this program anymore. The change is effective immediately, so small businesses looking for funding from them will need to look elsewhere.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
SBIC License Surrendered — Funding Stopped
New North Ventures Fund II SBIC, L.P. (License No. 40002127) has surrendered its Small Business Investment Company license and is declared null and void effective immediately (published March 5, 2026). This means the firm will not make new SBIC program investments, so small businesses that would have sought funding from them must look elsewhere.
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