SSBCI State Funded Programs

Alabama

Capital Status: SSBCI 2.0 Capital Approval Pending

TA Status: SSBCI 2.0 Technical Assistance Grant Pending

SSBCI Programs

  • CAP (Capital Access Program (Agency/organization —Acme Org)
  • OCSP
  • LOAN GUARANTEE PROGRAM (Agency/orgamzation -Acme org)
  • LOAN PARTICIPATION PROGRAM (Agency/orgamzation -Acme org)
  • COLLATERAL SUPPORT PROGRAM (Agency/organization -Acme org)
  • VENTURE CAPITAL PROGRAM (Agency/organization -Acme org)

Alabama SSBCI FundedState Programs Summary

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Alabama

Capital Funding Allocation (Total): $97,943,015

Capital Funding Allocation Status: PENDING

Technical Assistance Grant (Total): $3,139,321

Technical Assistance Grant Status: PENDING

SSBCI Programs

  • CAP (Capital Access Program) (Agency/Organization: Alabama Innovation Corporation)
  • OCSP
  • LOAN GUARANTEE PROGRAM (Agency/Organization: Alabama Innovation Corporation)
  • LOAN PARTICIPTION PROGRAM (Agency/Organization: Alabama Innovation Corporation)
  • COLLATERAL SUPPORT PROGRAM (Agency/Organization: Alabama Innovation Corporation)
  • VENTURE CAPITAL PROGRAM (Agency/Organization: Alabama Innovation Corporation)

ALABAMA SSBCI Funding Details

The SSBCI Funding for Alabama is pending, Funding Summary is listed below:

Total Capital Allocation is: $97,943,015 

Potential Additional Incentive is: $14,507,422 

Technical Assistance Grant is: $3,139,321

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Alabama

Capital Funding Allocation (Total): $97,943,015

Capital Funding Allocation Status: PENDING

Technical Assistance Grant (Total): $3,139,321

Technical Assistance Grant Status: PENDING

SSBCI Programs

  • CAP (Capital Access Program) (Agency/Organization: Alabama Innovation Corporation)
  • OCSP
  • LOAN GUARANTEE PROGRAM (Agency/Organization: Alabama Innovation Corporation)
  • LOAN PARTICIPTION PROGRAM (Agency/Organization: Alabama Innovation Corporation)
  • COLLATERAL SUPPORT PROGRAM (Agency/Organization: Alabama Innovation Corporation)
  • VENTURE CAPITAL PROGRAM (Agency/Organization: Alabama Innovation Corporation)

ALABAMA SSBCI Funding Details

Main Capital Allocation Employment-Based
Section 3003(b)

VSB Allocation
Very Small Business
Section 3003(f)

SEDI Allocation 
Section 3003(f)

Incentive Funding
Initial Eligible Amount
Section 3003(e)

Total Potential Funding Amount

$52,092,000

$4,142,176

 

$27,201,417

$14,507,422

$97,943,015

 

ALABAMA Funded State Programs Summary

The SSBCI Funding for Alabama is pending, Funding Summary is listed below:

Total Capital Allocation is  $97,943,015 

Technical Assistance Grant is $3,139,321

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