CDFA SSBCI Update - August 23, 2016
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Features |
Join CDFA in New Orleans to Discuss the Future of SSBCI
With the SSBCI program coming to an end next year, CDFA has made the strategic decision to actively support the continuation of the SSBCI network as we work towards extended authorization and a new round of funding. As part of this initiative,
CDFA will be holding private meetings on November 3rd and 4th at the National Development Finance Summit in New Orleans to discuss the future of SSBCI. To reserve a spot, please contact Tim Fisher.
Cal IBank Highlights SSBCI Success Stories
California's IBank highlights the various small biz success stories made possible by the SSBCI program.
Loans to Lenders Uses SSBCI Funds in Newark, NJ
NJEDA's Loans to Lenders program used SSBCI dollars to finance GNEC over the past three years.
Slater Seeds MindImmune with $400K in SSBCI Funds
The Slater Technology Fund has committed $500,000 in seed funding to support the launch of MindImmune Therapeutics, Inc. $400,000 in SSBCI funds were used to seed the venture.
Clinton's Tech Agenda Proposes Doubling SSBCI
Listed among her plans for growing the tech industry, Hillary Clinton would double the funds available through SSBCI to encourage technology entrepreneurs and the growth of small business.
SSBCI: Summary of States Quarterly Reports
The US Department of Treasury has released its first 2016 quarterly report on state deployments of SSBCI funds.
CA SB 936 Expands Availability of IBank Loans
The California Assembly has given unanimous approval of SB 936, a bill expands the availability of loans through the Infrastructure and Economic Development Bank's (IBank) California Small Business Loan Guarantee Program. The SBLGP is backed by the US Treasury's SSBCI Fund.
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The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information visit CDFA.net or email info@cdfa.net
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Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net
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