OG-3中诡异的名词所有格问题

偶实在无法理解这个如果是所有格的话，指的是什么，尤其是27行还是做为主语。

莫非是复数？请路过的朋友指教，谢谢！

Passage 3

Federal efforts to aid minority businesses began in the

1960’s when the Small Business Administration (SBA)

began making federally guaranteed loans and govern-

ment-sponsored management and technical assistance

(5) available to minority business enterprises. While this

program enabled many minority entrepreneurs to

form new businesses, the results were disappointing,

since managerial inexperience, unfavorable locations,

and capital shortages led to high failure rates. Even 15

(10) years after the program was implemented, minority

business receipts were not quite two percent of the national

economy’s total receipts.

Recently federal policymakers have adopted an

approach intended to accelerate development of the

(15) minority business sector by moving away from directly

aiding small minority enterprises and toward supporting

larger, growth-oriented minority firms through interme-

diary companies. In this approach, large corporations

participate in the development of successful and stable

(20) minority businesses by making use of government-

sponsored venture capital. The capital is used by a

participating company to establish a Minority Enterprise

Small Business Investment Company or MESBIC. The

MESBIC then provides capital and guidance to minority

(25) businesses that have potential to become future suppliers

or customers of the sponsoring company.

MESBIC’s are the result of the belief that providing

established firms with easier access to relevant manage-

ment techniques and more job-specific experience, as

(30) well as substantial amounts of capital, gives those firms

a greater opportunity to develop sound business founda-

tions than does simply making general management

experience and small amounts of capital available.

Further, since potential markets for the minority busi-

(35) nesses already exist through the sponsoring companies,

the minority businesses face considerably less risk in

terms of location and market fluctuation. Following

early financial and operating problems, sponsoring

corporations began to capitalize MESBIC’s far above

(40) the legal minimum of $500,000 in order to generate

sufficient income and to sustain the quality of manage-

ment needed. MESBIC’c are now emerging as increas-

ingly important financing sources for minority enter-

prises.

(45) Ironically, MESBIC staffs, which usually consist of

Hispanic and Black professionals, tend to approach

investments in minority firms more pragmatically than

do many MESBIC directors, who are usually senior

managers from sponsoring corporations. The latter

(50) often still think mainly in terms of the “social responsi-

bility approach” and thus seem to prefer deals that are

riskier and less attractive than normal investment criteria

would warrant. Such differences in viewpoint have pro-

duced uneasiness among many minority staff members,

(55) who feel that minority entrepreneurs and businesses

should be judged by established business considerations.

These staff members believe their point of view is closer

to the original philosophy of MESBIC’s and they are

concerned that, unless a more prudent course is fol-

lowed, MESBIC directors may revert to policies likely

to re-create the disappointing results of the original SBA

approach.

请看前面蓝色的MESBIC，然后突兀的冒出来个红色的MESBIC's.

请看前面蓝色的MESBIC，然后突兀的冒出来个红色的MESBIC's.

偶实在无法理解这个如果是所有格的话，指的是什么，尤其是27行还是做为主语。

莫非是复数？请路过的朋友指教，谢谢！