Bucking The SystemSmall Business Investment Companies pick up where traditional banks leave off.
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When Henrick Coriolan immigrated to the United States from Haitinearly 20 years ago, he came with nothing. Nothing, that is, butthe entrepreneurial spirit and a dream of turning himself into asuccessful businessman. "I came to work, to learn and to be aprofessional," he says.
Today, with a small New York City taxicab fleet and an autoservice center in Brooklyn, New York, Coriolan has achieved successby almost any yardstick. It took a lot of hard work, to be sure.But it also took capital. Coriolan got his, thanks to the federalgovernment's venture capital programs. More important, hisexperience may provide a guide for other entrepreneurs looking fora place to go when banks say no.
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