Onward FX | Introduction to SBIC & Lightship Anchor

​The Small Business Investment Company (SBIC) program has quietly helped finance thousands of U.S. companies, yet few venture firms have fully explored how to use it.

Over breakfast, Brian Brackeen and Ollen Douglass of Lightship Anchor will outline how they’re applying the SBIC framework through their Anchor-SBIC fund-of-funds to bridge capital with emerging managers beyond the traditional venture corridors.

The session will focus on how SBIC-aligned structures can complement private capital, strengthen GP/LP alignment, and scale investment capacity across diverse markets.

Topics include:

- How SBIC leverage can expand fund scalability and capital efficiency.
- Structural approaches that improve alignment between fund managers and LPs.
- Lessons from Lightship’s experience deploying SBIC-aligned capital through Anchor.