SSBCI State Funded Programs

SSBCI State Funded Programs

A-F

G-L

M-Q

R-U

V-Z

US Territories

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

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ARIZONA

Capital Funding Allocation (Total): $111,031,354

Capital Funding Allocation Status: APPROVED

Technical Assistance Grant (Total): $3,840,744

Technical Assistance Grant Status: PENDING

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CALIFORNIA

Capital Funding Allocation (Total): $1,181,997,613

Capital Funding Allocation Status: PENDING

Technical Assistance Grant (Total): $25,351,336

Technical Assistance Grant Status: PENDING

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CONNECTICUT

Capital Funding Allocation (Total): $119,414,934

Capital Funding Allocation Status: APPROVED

Technical Assistance Grant (Total): $1,926,365

Technical Assistance Grant Status: PENDING

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DISTRICT OF COLUMBIA

Capital Funding Allocation (Total): $62,027,062

Capital Funding Allocation Status: PENDING

Technical Assistance Grant (Total): $793,268

Technical Assistance Grant Status: PENDING

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ALASKA

Capital Funding Allocation (Total): $59,905,891

Capital Funding Allocation Status: PENDING

Technical Assistance Grant (Total): $654,712

Technical Assistance Grant Status: PENDING

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ARKANSAS

Capital Funding Allocation (Total): $81,621,691

Capital Funding Allocation Status: PENDING

Technical Assistance Grant (Total): $2,073,202

Technical Assistance Grant Status: PENDING

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COLORADO

Capital Funding Allocation (Total): $104,773,554

Capital Funding Allocation Status: APPROVED

Technical Assistance Grant (Total): $2,447,924

Technical Assistance Grant Status: PENDING

VIEW FULL DETAILS

DELAWARE

Capital Funding Allocation (Total): $60,973,103

Capital Funding Allocation Status: PENDING

Technical Assistance Grant (Total): $724,423

Technical Assistance Grant Status: PENDING

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FLORIDA

Capital Funding Allocation (Total): $488,486,572

Capital Funding Allocation Status: PENDING

Technical Assistance Grant (Total): $13,123,637

Technical Assistance Grant Status: PENDING

VIEW FULL DETAILS

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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

HIDE FULL DETAILS

ARIZONA

Capital Funding Allocation (Total): $111,031,354

Capital Funding Allocation Status: APPROVED

Technical Assistance Grant (Total): $3,840,744

Technical Assistance Grant Status: PENDING

SSBCI Programs

  • CAP (Capital Access Program) (Agency/Organization: Arizona Venture Development Corporation)
  • OCSP
  • LOAN GUARANTEE PROGRAM (Agency/Organization: Arizona Commerce Authority)
  • LOAN PARTICIPTION PROGRAM (Agency/Organization: Arizona Commerce Authority)
  • COLLATERAL SUPPORT PROGRAM (Agency/Organization: AZ Venture Development Corporation)
  • VENTURE CAPITAL PROGRAM (Agency/Organization: Arizona Venture Development Corporation)

ARIZONA Funded State Programs Summary

Approved for up to $111.0 million, will operate three different programs, including two venture capital programs, to which the state has allocated $87 million, and a loan guarantee program. The venture capital programs will invest in seed and Series A-stage focused venture funds and earlystage technology startups. All three programs will focus on underserved businesses, with a goal of expanding access to capital for underserved businesses.

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CALIFORNIA

Capital Funding Allocation (Total): $1,181,997,613

Capital Funding Allocation Status: PENDING

Technical Assistance Grant (Total): $25,351,336

Technical Assistance Grant Status: PENDING

SSBCI Programs

  • CAP (Capital Access Program) (Agency/Organization: California Pollution Control Financing Authority)
  • OCSP
  • LOAN GUARANTEE PROGRAM (Agency/Organization: CA Infrastructure and Economic Development Bank)
  • LOAN PARTICIPTION PROGRAM (Agency/Organization: CA Infrastructure and Economic Development Bank)
  • COLLATERAL SUPPORT PROGRAM (Agency/Organization: CA Pollution Control Financing Authority)
  • VENTURE CAPITAL PROGRAM (Agency/Organization: CA Pollution Control Financing Authority)

CALIFORNIA Funded State Programs Summary

Pending for $1,181,997,613 Capital Funding Allocation and $25,351,336Technical Assistance Grant
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CONNECTICUT

Capital Funding Allocation (Total): $119,414,934

Capital Funding Allocation Status: APPROVED

Technical Assistance Grant (Total): $1,926,365

Technical Assistance Grant Status: PENDING

SSBCI Programs

  • CAP (Capital Access Program) (Agency/Organization: Connecticut Innovations, Inc.)
  • OCSP
  • LOAN GUARANTEE PROGRAM (Agency/Organization: Connecticut Innovations, Inc.)
  • LOAN PARTICIPTION PROGRAM (Agency/Organization: Connecticut Innovations, Inc.)
  • COLLATERAL SUPPORT PROGRAM (Agency/Organization: Connecticut Innovations, Inc.)
  • VENTURE CAPITAL PROGRAM (Agency/Organization: Connecticut Innovations, Inc.)

CONNECTICUT Funded State Programs Summary

Approved for up to $119.4 million, will operate two different programs and will launch two major new initiatives. (1) The Connecticut Future Fund, supporting entrepreneurs from underserved and diverse backgrounds who lead small businesses in a variety of sectors; and (2) The ClimateTech (CT) Fund, supporting early-stage businesses with a focus on clean energy, environmentally safe manufacturing, and climate resiliency.

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DISTRICT OF COLUMBIA

Capital Funding Allocation (Total): $62,027,062

Capital Funding Allocation Status: PENDING

Technical Assistance Grant (Total): $793,268

Technical Assistance Grant Status: PENDING

SSBCI Programs

  • CAP (Capital Access Program) (Agency/Organization: DC Department of Insurance, Securities and Banking)
  • OCSP
  • LOAN GUARANTEE PROGRAM (Agency/Organization: DC Dept of Insurance, Securities and Banking)
  • LOAN PARTICIPTION PROGRAM (Agency/Organization: DC Dept of Insurance, Securities and Banking)
  • COLLATERAL SUPPORT PROGRAM (Agency/Organization: DC Dept of Insurance, Securities and Banking)
  • VENTURE CAPITAL PROGRAM (Agency/Organization: DC ODM for Planning & Economic Development)

DISTRICT OF COLUMBIA Funded State Programs Summary

Pending for $62,027,062 Capital Funding Allocation and $793,268 Technical Assistance Grant

HIDE FULL DETAILS

ALASKA

Capital Funding Allocation (Total): $59,905,891

Capital Funding Allocation Status: PENDING

Technical Assistance Grant (Total): $654,712

Technical Assistance Grant Status: PENDING

SSBCI Programs

  • CAP (Capital Access Program) (Agency/Organization: UA Small Business Development Center)
  • OCSP
  • LOAN GUARANTEE PROGRAM (Agency/Organization: UA Small Business Development Center)
  • LOAN PARTICIPTION PROGRAM (Agency/Organization: UA Small Business Development Center)
  • COLLATERAL SUPPORT PROGRAM (Agency/Organization: UA Small Business Development Center)
  • VENTURE CAPITAL PROGRAM (Agency/Organization: UA Small Business Development Center)

ALASKA Funded State Programs Summary

Pending for $59,905,891Capital Funding Allocation and $654,712 Technical Assistance Grant

HIDE FULL DETAILS

ARKANSAS

Capital Funding Allocation (Total): $81,621,691

Capital Funding Allocation Status: PENDING

Technical Assistance Grant (Total): $2,073,202

Technical Assistance Grant Status: PENDING

SSBCI Programs

  • CAP (Capital Access Program) (Agency/Organization: Arkansas Development Finance Authority)
  • OCSP
  • LOAN GUARANTEE PROGRAM (Agency/Organization: Arkansas Development Finance Authority)
  • LOAN PARTICIPTION PROGRAM (Agency/Organization: Arkansas Development Finance Authority)
  • COLLATERAL SUPPORT PROGRAM (Agency/Organization: Arkansas Development Finance Authority)
  • VENTURE CAPITAL PROGRAM (Agency/Organization: Arkansas Development Finance Authority)

ARKANSAS Funded State Programs Summary

Pending for $81,621,691 Capital Funding Allocation and $2,073,202 Technical Assistance Grant
HIDE FULL DETAILS

COLORADO

Capital Funding Allocation (Total): $104,773,554

Capital Funding Allocation Status: PENDING

Technical Assistance Grant (Total): $2,447,924

Technical Assistance Grant Status: PENDING

SSBCI Programs

  • CAP (Capital Access Program) (Agency/Organization: Colorado Venture Capital Authority)
  • OCSP
  • LOAN GUARANTEE PROGRAM (Agency/Organization: CO Housing and Finance Authority)
  • LOAN PARTICIPTION PROGRAM (Agency/Organization: CO Housing and Finance Authority)
  • COLLATERAL SUPPORT PROGRAM (Agency/Organization: CO Housing and Finance Authority)
  • VENTURE CAPITAL PROGRAM ((Agency/Organization: Colorado Venture Capital Authority)

COLORADO Funded State Programs Summary

Approved for up to $104.7 million, will operate three programs, including a venture capital program, to which it has allocated nearly $60 million. The program expects to invest in two venture capital funds per year for three years to build a diverse seed-stage portfolio of small businesses in need of capital. Colorado has also allocated $35 million to an existing cash collateral support program that enables small businesses and non-profit organizations to secure credit by pledging cash deposit as collateral. In addition, Colorado has set aside $10 million for a loan program intended to help Main Street businesses recover from the pandemic.

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DELAWARE

Capital Funding Allocation (Total): $60,973,103

Capital Funding Allocation Status: PENDING

Technical Assistance Grant (Total): $724,423

Technical Assistance Grant Status: PENDING

SSBCI Programs

  • CAP (Capital Access Program) (Agency/Organization: Delaware Division of Small Business)
  • OCSP
  • LOAN GUARANTEE PROGRAM (Agency/Organization: Delaware Division of Small Business)
  • LOAN PARTICIPTION PROGRAM (Agency/Organization: Delaware Division of Small Business)
  • COLLATERAL SUPPORT PROGRAM (Agency/Organization: Delaware Division of Small Business)
  • VENTURE CAPITAL PROGRAM (Agency/Organization: Delaware Division of Small Business)

DELAWARE Funded State Programs Summary

Pending for $60,973,103 Capital Funding Allocation and $724,423Technical Assistance Grant

HIDE FULL DETAILS

FLORIDA

Capital Funding Allocation (Total): $488,486,572

Capital Funding Allocation Status: PENDING

Technical Assistance Grant (Total): $13,123,637

Technical Assistance Grant Status: PENDING

SSBCI Programs

  • CAP (Capital Access Program) (Agency/Organization: Enterprise FL, Inc. & FL Opportunity Fund Enterprise FL, Inc. & FL Opportunity Fund)
  • OCSP
  • LOAN GUARANTEE PROGRAM (Agency/Organization: : Enterprise FL, Inc. & First FL Capital Finance Corporation)
  • LOAN PARTICIPTION PROGRAM (Agency/Organization: : Enterprise FL, Inc. & First FL Capital Finance Corporation)
  • COLLATERAL SUPPORT PROGRAM (Agency/Organization: Enterprise FL, Inc. & First FL Capital Finance Corporation)
  • VENTURE CAPITAL PROGRAM (Agency/Organization: Enterprise FL, Inc. & FL Opportunity Fund)

FLORIDA Funded State Programs Summary

Pending for $488,486,572 Capital Funding Allocation and $793,268 Technical Assistance Grant

HIDE FULL DETAILS

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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

HIDE FULL DETAILS