The PennZone

SCOTTSDALE, Ariz. - PennZone -- Grayhawk Capital, Arizona's longest operating venture capital firm, today announced it won the 2022 National Small Business Investment Company (SBIC) of the Year – Established Manager award for its Grayhawk Venture Fund II, LP. Grayhawk is the first investment firm in the state of Arizona to receive the award. Grayhawk Managing Partners Brian N. Burns, Sherman Chu, and Brian S. Smith were presented with the accolade during a national virtual event highlighting National Small Business Week.

"We're grateful to be a part of the SBIC Program that plays a significant role in creating and sustaining jobs in the small business sector," said Sherman Chu, Managing Partner and Co-founder of Grayhawk Capital.  "It's rewarding to assist in financing promising small businesses that require capital for their growth, expansion and modernization."

More on The PennZone

• High-Quality and Affordable Braces in Springfield Available from Exeter Orthodontics
• Southampton Dentures from DICE Dental Start at Only $499
• Always Ontime: Chaos City - Super Hero Graphic Novel with Neal Adams Cover Launches from Panopolis Metaverse
• Kelusky, Dietrich, Dawick, Gregoire, Lyle & Jeremy Thompson Nab Honors As NLL Opens Awards
• New Hampshire Becomes the 15th State to Require Personal Finance as a Core Academic Subject

Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America's 32.5 million small businesses, noted the award recognizes Grayhawk Capital for its mission dedication, successful investment track record, and unwavering support of small businesses nationwide, particularly in underserved markets. There are approximately 300 SBIC's in the U.S.

Grayhawk Capital recently received its third SBIC license from the SBA after successfully repaying the outstanding leverage and fulfilling its obligations on the first two licenses. Grayhawk Capital has made close to 40 investments since 2000, primarily in the Southwest U.S., with an aggregate exit value of over $4 billion.

About Grayhawk Capital
Based in Scottsdale, Arizona, the partners of Grayhawk Capital are a seasoned and cohesive management team with 80+ years of collective experience over 10 venture funds. Their superior track record and strong returns are based on a proven investment model of providing Series A and Series B funding to dynamic and rapidly growing Software-as-a-Service (SaaS) companies in emerging tech hubs. With its current fund of $76 million, Grayhawk is investing in information technology sectors such as healthcare IT, cloud enterprises, security, enterprise application software, business intelligence, and financial technology. To learn more, visit http://grayhawkcapital.us.

More on The PennZone

• Pennsylvania: Gov. Wolf Announces Federal Transit Administration Grant to Expand Access to Transportation Assistance Programs
• Virtual Workplace Platform Developer REACH Expands Executive Team, Positioning the Company to Drive International Growth
• Global Tax Management Launches GTM Training Institute to Address Tax Talent Gap
• Fulton Bank to Eliminate Consumer Non-Sufficient Funds and Extended Overdraft Fees
• Health Advisory: Protecting Yourself and Others from Monkeypox

For more information, please contact:
Leib Bolel
Grayhawk Capital
lbolel@grayhawkcapital.us