How do I report them? These State Small Business Credit Initiative funds are awarded to Delaware, Kentucky, Tennessee, and Wyoming to support local small business financing and investment programs WASHINGTON Today, the U.S. Department of the Treasury announced the approval of four additional state plans for up to $353.4 million in funding under the State Small Business Credit Initiative (SSBCI) in President . An ACH routing number is required. 3.8. If you did not receive the email, it could be because it was blocked by your Email Server, Firewall, Email Provider or Email Client. Treasury will review complete applications as quickly as possible, in the order in which they are received. The SSBCI program allocates nearly $10 billion to states, the District of Columbia, territories, and Tribal governments to increase access to capital and . Note:These funds are not available in Tennessee, yet. 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STEM-based companies can receive up to $100,000 for eligible expenses, and other businesses can get up to $50,000. Applications will be accepted between July 18, 2022 through August 19, 2022. What is the Unique Entity Identifier (UEI) number? Texas Small Business Credit Initiative The objective of the Texas Small Business Credit Initiative (TSBCI) is to support state programs that provide resources to assist small business growth and create new jobs through increased access to small business funding. LOUISIANA VETERANS FIRST BUSINESS INITIATIVE. /. 2.3. The $10 billion will be distributed in the following manner: States can then use the following small business financing programs to disperse the SSBCI funds: Also known as SSBCI 2.0, the second iteration of this program maintains the initial goals of the 2010 version. What does the Change to UEI Number mean for Recipients? SmallBizLoansProgSummary102517.pdf. 2.5. For more information, visit the program website at SSBCI 1.0 was passed in 2010 and ran from 2011 to 2017. The State Small Business Credit Initiative (SSBCI) was originally created through federal legislation - the Small Business Jobs Act of 2010. New York State Small Business Revolving Loan Fund Round 2. 3.3. A payment confirmation will be sent to the contact person and Authorized Representative, communicating the scheduled date of payment. Any questions regarding the SSBCI program should be submitted How much money have I been preliminarily allocated to receive? 3.9. of Treasury has released funds to somestates/territories, it is a rolling process. To access the reporting guidance, scroll down to the Program Rules and Materials section then click on Capital Program Reporting Guidance. Do I really have to provide with my personal information? This program will provide a combined $10 billion for small business credit support and investment programs to: State Small Business Credit Initiative (SSBCI) Application | U.S. Department of the Treasury Home State Small Business Credit Initiative (SSBCI) Application Documents and resources from the 2010 SSBCI which operated from 2011-2017 will be revised for the 2021 round of SSBCI. 4.7. How do I know if a specific use is eligible? If you are a Participating Jurisdiction and do not know who your outreach manager is, please contact If you are a business or a lending institution that is interested in participating in small business financing programs through the SSBCI, please go to and click on the List of Proposed Programs and Contacts link to locate the State or Territorial contact in your area. Our mission is to improve the quality of life for Pennsylvania citizens while assuring transparency and accountability in the expenditure of public funds. ET. 2011 State Small Business Credit Initiative Application, State Small Business Credit Initiative (SSBCI) Application, Budget, Financial Reporting, Planning and Performance, Financial Markets, Financial Institutions, and Fiscal Service, Treasury Coupon-Issue and Corporate Bond Yield Curve, Treasury International Capital (TIC) System, Kline-Miller Multiemployer Pension Reform Act of 2014, Taxpayers Will See Improved Service This Filing Season Thanks to Inflation Reduction Act, Disparities in the Benefits of Tax Expenditures by Race and Ethnicity, Racial Differences in Economic Security: Non-Housing Assets, Treasury Sanctions People Involved in Serious Human Rights Abuse Against Vladimir Kara-Murza, Treasury Announces Approval of Up to $890.7 Million to Support Small Business Success Across Three States, Treasury Sanctions CJNG-Run Timeshare Fraud Network. Email instructions and a link were emailed to eligible jurisdiction point(s) of contact the same day each portal was launched. View complete set of self-service resources. An online application portal is forthcoming. 6.1. 6.5. The maximum amount of the credit guaranty is $200,000. Home ->> CPCFA ->> State Small Business Credit Initiative, Please send program inquiries to The new version of the SSBCI program provides a combined $10 billion to states, the District of Columbia, territories, and Tribal governments to empower small businesses to access capital needed to invest in job-creating opportunities as the country emerges from the pandemic. Ohio initially will receive $52.4 million to support socially and economically disadvantaged individuals and very small businesses. Notice, Credit enhancements to strengthen bank loans and reduce risk, Delegated lending model where lenders manage underwriting, Streamlined procedures and quick response to project loan requests. Continue with Recommended Cookies. Fund Tennesseeis expecting to launch in the first part of 2023. for the newsletter for upcoming announcements. *Please note that the PDF version of the Application Instructions below is not the application and should not be filled out or sent to Treasury. Their website is and you can also call them at 866-606-8220 from 8am - 8pm EST. New registrants will be assigned a UEI number as part of their SAM registration. (404) 679-4840, Providing resources, tools, and technical assistance to cities, counties, and local authorities to help strengthen communities, Connecting communities to funding sources to help build capacity and encourage economic development while honoring the communitys past through historic preservation, Helping communities meet housing needs and connecting people with housing assistance, 2018 Georgia Department of Community Affairs. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. State Small Business Credit Initiative SSBCI Self-Service Resources SSBCI Self-Service Resources View complete set of self-service resources. Once there, you can click on Create an account and follow the instructions. Through SSBCI 2.0, Treasury will provide funds to states, the District of Columbia, territories, and Tribal governments for small business credit support and investment . An overview of the results ishere. Request for Information: Treasury posted a request for information (RFI) in the Federal Register to gather input from the public about SSBCIs Technical Assistance programs. Eligible Entities include States, the District of Columbia, Territories, and Tribal Governments. 2023 California State Treasurer's Office, Certification to Participate in the State Small Business Credit Initiative (SSBCI) Program, CalCAP Collateral Support Program Webpage, CalCAP for Small Business Program Webpage, CalCAP Participating Financial Institution Application, $1.18 B in SSBCI 2.0 Funds Awarded to California, accepting applications for SSBCI 2.0 Technical Assistance, CalCAP for Small Business Brochure (Including How It Works and Which Loans Qualify), CalCAP Collateral Support Brochure (Including How It Works and Which Loans Qualify), California Office of the Small Business Advocate (CalOSBA), referrals to help in more than 20 languages, Americas Small Business Development Centers, Within the second tranche: loan participation program. Technical Assistance for small businesses will be implemented by technical service providers after U.S. Treasury completes the application and award process. It was funded at $1.5 billion and implemented by Treasury and states and territories from 2011 through 2017. Fund Tennesseeis expecting to launch in the first part of 2023. Detailed questions about the conversion from DUNS number to UEI number should be directed to GSA by creating an incident ticket with the Federal Service Desk online at or by calling (866) 606-8220. The Ohio Capital Access Program (OCAP) is a loan portfolio insurance program, similar to a loan guarantee, that enables small businesses to obtain credit to help them grow and expand their businesses. It can be used for planning purposes. It can be used for planning purposes. Im having issues with my account. 4.2. Empire State Development's Small Business Division supports the development and expansion of businesses with under 100 employees - directing an array of programs and initiatives supporting small business growth and helping entrepreneurs maximize opportunities for success. When logged into the Treasury Portal, click on the Avatar in the top right-hand corner of the screen. Helping to build strong, vibrant communities. 4.1. The primary objective of the SSBCI is to enhance new or existing state programs that provide access to capital for small businesses and manufacturers. Does anyone understand where we're at with this program or have any other insights? How do you get an application for small business loan? Required supplemental information outlined in Appendix I of the program guidelines must be attached electronically to the application as directed on the Addenda tab. Applications to become a subrecipient will be accepted until January 14 . Interested in doing business in Pennsylvania? The program will allow for a veteran, active or reserve military, or Gold Star spouse who have a fifty-one percent ownership in a business to apply for and gain certification to recognize and promote their businesses. Please refer to for more details on that process. What is the last day I can apply for the Technical Assistance Grant Program? For the latest, follow us on Google News. I have Subrecipients to report that have a DUNS, but no UEI. Remarks by Assistant Secretary Elizabeth Rosenberg for Terrorist Financing and Financial Crimes at the Association of Women in International Trade.
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