SSBCI RESOURCES AND RESEARCH - INDUSTRY RESEARCH AND REPORTS
SSBCI Related Industry Research and Reports
SSBCI Program – Industry Report
SBCI 2.0: A NEW CAPITAL TOOL FOR REVITALIZING AND DIVERSIFYING MANUFACTURING
The COVID-19 pandemic has unleashed unprecedented challenges for small businesses, and Congress has responded with a wide array of measures to help entrepreneurs ride out the pandemic, including well known programs such as the Paycheck Protection Program.
Source: TCF Org
Published Date: January 21, 2022
SSBCI Program – Industry Report - Analysis
AN OVERVIEW OF THE STATE SMALL BUSINESS CREDIT INITIATIVE
The federal SSBCI program, created in 2010 and administered by the U.S. Treasury, allocated $1.5 billion to states to develop state lending assistance programs that address the small business credit needs specific to their states. This program provided significantly greater flexibility than the SBA and other federally backed loan programs. The figure below shows how the funding was allocated by states overall among the various types of loan assistance programs. States were required to develop a plan for increasing lending to underserved small businesses and underserved communities. States also were required to leverage $10 in private investment for each $1 in federal funds over the life of the program
Source: State of California – LAO (Legislative Analyst’s Office)
Published Date: March 29, 2022
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SSBCI RESOURCES - NVCASSBCI Program – SSBCI VC Program – SSBCI Related Resources
SSBCI Resources Jointly produced by NVCA and Venture Forward, this site is intended to provide resources related to the State Small Business Credit Initiative (SSBCI).
Source: NVCA Org
Published Date: July 22, 2022
SSBCI Program – Industry Report - Analysis
STATE SMALL BUSINESS CREDIT INITIATIVE: IMPLEMENTATION AND FUNDING ISSUES
The original SSBCI provided funding, allocated by formula and distributed in one-third increments, to states, territories, and eligible municipalities (hereinafter referred to as states) to expand existing or create new state small business investment programs, including state capital access programs, collateral support programs, loan participation programs, loan guarantee programs, and venture capital programs. In most instances, the initial round of funding (called a tranche) took place in FY2011. Most states received their second tranche during FY2013 and their third tranche during FY2015
Source: FAS Org
Published Date: July 25, 2022
