Obama Nominates Mills to Head SBA

President-elect Obama on Friday nominated the venture capitalist Karen Gordon Mills to head the Small Business Administration.

Ms. Mills co-founded Solera Capital, a venture capital firm in New York, in 1999. In 2007 she became the president of another venture capital firm, MMP Group in Brunswick, Maine.

If confirmed, Ms. Mills would succeed acting Administrator Sandy K. Baruah.

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