Governors are currently designing small business capital access programs with significant new funding from the State Small Business Credit Initiative (SSBCI). The program was reauthorized by the American Rescue Plan Act of 2021. The first iteration of the program, established in 2010, showed considerable promise, but its implementation varied across states. SSBCI 2.0 can be used for various supports, including venture capital, loan participations, loan guarantees, collateral support, and capital access programs.
Join the Urban Institute for a discussion with leading experts on SSBCI’s promising design features as states, the District of Columbia, and territories fashion their SSBCI 2.0 programming.
Funding for this event was provided by a grant from JPMorgan Chase & Co. For more on Urban’s funding policies, go to urban.org/fundingprinciples.
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