SSBCI State Funded Programs

SSBCI Related State Legislation: V-Z

WISCONSIN

REQUEST FOR QUALIFICATIONS (RFQ)

WI Economic Development Blogs

The purpose of this Request for Qualifications (RFQ) is to provide interested fund managers with the information needed to prepare and submit a response for the following: WEDC is seeking venture capital partners to implement Wisconsin’s Venture Fund investment under the 2021 federal State Small Business Credit Initiative (SSBCI) program authorized under the American Rescue Plan Act (ARPA) and administered by the United States Department of the Treasury (Treasury).

Published By: WI Economic Development

Published Date: MAY 29, 2022

WYOMING

WBC SEEKS COMMENTS ON CONNECT WYOMING AND SSBCI RULES

News Wires PR News

Cheyenne, Wyo. – The Wyoming Business Council (WBC) is seeking input from the public on rules for two programs: Connect Wyoming and the State Small Business Credit Initiative (SSBCI).  

Published By: State of WY’s Economic Development Agency

Published Date: July 08, 2022

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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

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

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