State Small Business
Credit Initiative
On March 11, 2021, President Biden signed The American Rescue Plan Act, which provided $10 billion to fund the State Small Business Credit Initiative (SSBCI). SSBCI will fund state, territory, and Tribal government small business credit support and investment programs.
How can we help?
gener8tor is providing policy resources and technical assistance to states, territories, and tribes as they develop their application and plans for the $10 billion State Small Business Credit Initiative 2.0 (SSBCI).
Our experts and fund managers are helping agencies develop SSBCI programs that will prioritize social equity and innovation to provide capital and supports to promising businesses in emerging industries and underserved communities.
gener8tor Resources:
State Small Business Credit Initiative
gener8tor has developed resources to help determine how these SSBCI opportunities can impact groups and communities as they encourage growth.
Summary & Guidance:
View a SSBCI Implementation Guidance Highlight Summary and Reader’s Guide of the U.S. Treasury’s Guidance regarding the State Small Business Credit Initiative.
SSBCI for Incubation, Accelerators and Early-Stage Investments:
How U.S. Treasury’s New Models for Incubation, Accelerators, and Early-Stage Investment Work.
State Small Business Credit Initiative (SSBCI) & Investing for Innovation and Social Equity:
Innovative models for states and territories to utilize to help grow small businesses and increase job growth with their SSBCI funding.
State Small Business Credit Initiative (SSBCI):
Tribal Investment for Innovation and Social Equity