Resource Center

State Small Business Credit Initiative (SSBCI)

The State Small Business Credit Initiative (SSBCI) was created through the Small Business Jobs Act of 2010 (the "Act"). SSBCI was funded with $1.5 billion to strengthen state programs that support financing of small businesses.  Treasury awarded funding to 47 states, the District of Columbia, 5 U.S. Territories, and municipalities in 3 states, based on their proportion of unemployed persons as a percentage of the national total.  Participating States funded new or existing state programs that fell into one of the following types: Capital Access Program (CAP), Collateral Support Program, Loan Guarantee Program, Loan Participation Program, or Venture Capital Program. General program parameters required Participating States to demonstrate a reasonable expectation of leveraging $10 of new small business financing for every $1 of SSBCI funding expended.


SSBCI Program Evaluation Report

This report presents an analysis of SSBCI program activity from 2011 to 2015. The reports draws on quantitative data reported to Treasury by the states combined with more than 200 telephone interviews with state program managers, several expert practitioner working group reports, more than 50 lender and investor interviews, and more than 20 site visits conducted between 2012 to 2015. From this data and cumulative insights, this report offers an assessment of program results and lessons for public-supported financing programs.


To read the report, please refer to the SSBCI Program Evaluation Report. To see individual state program profiles, please refer to Appendix 3 in the SSBCI Program Evaluation Report – Appendices.


SSBCI Approved Programs and Allocations by State

The map below shows the SSBCI Allocation Amounts and Approved Programs for each state, territory, and municipality participating in the SSBCI. Select a state to view that state's SSBCI program profile. Updated as of December 31, 2015.


For a larger map please click here

Click here to get a full listing of allocation amounts and programs of states, territories, and municipalities participating in the SSBCI.

Map of SSBCI Loans and Investments

The map below shows the SSBCI loans and investments for each state, territory, and municipality as of December 31, 2016. Click on your state for more information.

For a larger map please click here
For csv file please click here

Last Updated: 9/21/2017 1:29 PM