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<classification authority="sudocs">GA 1.13:NSIAD-94-224</classification>
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 <subject>Small business assistance</subject>
 <subject>Economic assistance</subject>
 <subject>Investments</subject>
 <subject>Small business loans</subject>
 <subject>Department of Defense contractors</subject>
 <subject>Business development loans</subject>
 <subject>Capital</subject>
 <subject>Proposed legislation</subject>
 <subject>Government guaranteed loans</subject>
 <identifier>Competitiveness Act of 1994 (National)</identifier>
 <identifier>Community Development, Credit Enhancement, and Regulatory</identifier>
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 <identifier>Economic Development Reauthorization Act of 1994</identifier>
 <identifier>Technology Capital Network</identifier>
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<titleInfo>
 <title>Defense Conversion: Capital Conditions Have Improved for Small and Medium-Sized Firms</title>
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<abstract>Cuts in the Defense Department&apos;s (DOD) procurement budget are forcing a
consolidation of the defense industrial base and job loss for many
defense industry workers. This situation has prompted initiatives to
help defense firms, particularly small ones, convert defense-related
technology to commercial use. The Defense Department is authorized to
provide up to $15 million for guaranteed loans to help small firms in
the defense industry convert to commercial applications. This report
provides information on general trends in the availability of capital
for small and medium-sized firms and on federal and nonfederal
initiatives to improve access to capital for these firms.</abstract>
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 <searchTitle>GAO/NSIAD-94-224; Defense Conversion: Capital Conditions Have Improved for Small and Medium-Sized Firms;
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 <topic>Small business assistance</topic>
 <topic>Economic assistance</topic>
 <topic>Investments</topic>
 <topic>Small business loans</topic>
 <topic>Department of Defense contractors</topic>
 <topic>Business development loans</topic>
 <topic>Capital</topic>
 <topic>Proposed legislation</topic>
 <topic>Government guaranteed loans</topic>
 <topic>Competitiveness Act of 1994 (National)</topic>
 <topic>Community Development, Credit Enhancement, and Regulatory</topic>
 <topic>Improvement Act of 1994</topic>
 <topic>Economic Development Reauthorization Act of 1994</topic>
 <topic>Technology Capital Network</topic>
 <topic>SBA Certified Lenders Program</topic>
 <topic>SBA Preferred Lenders Program</topic>
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