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CDFA SSBCI Update - November 25, 2014

SSBCI Update
November 25, 2014
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CDFA SSBCI Update

Features

US Treasury Awards $4.48M to Hawaii in SSBCI Funds
The State of Hawaii enters its third tranche of the SSBCI program. The additional funds will be used to further fund the state's successful venture capital program.

Business Oregon Backs BTL Sales, Inc's Growth in Prineville
Business Oregon provides a success story of one company that got support from Credit Enhancement Fund (CEF) program and SSBCI funds.

NY Program Helps Businesses Rebuild after Sandy
Empire State Development's Capital Access Program, which received funding from the U.S. Treasury's State Small Business Credit Initiative, has supported more than $5 million in lending to businesses affected by Superstorm Sandy.

Complete Survey on SSBCI Legislation
H.R. 4556 and S. 2285 reauthorizes the State Small Business Credit Initiative. Complete a brief survey about the current SSBCI legislation.

Upcoming Events
Fundamentals of Economic Development Finance WebCourse
SSBCI Headlines

SSBCI Western Regional Conference
NetWork Kansas` | Nov. 25 | Access to Capital | State Small Business Credit Initiative (SSBCI)

ND Senator Announces $1.1M in SSBCI Funding
Office of Sen. Hoeven | Nov. 11 | Access to Capital | State Finance Program | State Small Business Credit Initiative (SSBCI) | U.S. Dept. of Treasury | Federal

IL Small Businesses Could See Big Boost from State
WCIA 3 | Nov. 11 | Access to Capital | State Finance Program | State Small Business Credit Initiative (SSBCI) | U.S. Dept. of Treasury

New Mexico Gets $4.4M+ For Small Business Financing
KRWG New Mexico | Nov. 10 | Access to Capital | Economic Development | State Small Business Credit Initiative (SSBCI) | U.S. Dept. of Treasury

Yadkin Bank Named NC Community Bank of the Year
CNN | Nov. 6 | Access to Capital | State Finance Program | State Small Business Credit Initiative (SSBCI) | U.S. Dept. of Treasury | Federal


New Additions to the Online Resource Database

SSBCI West Virginia Audit Report
Access to Capital | State Finance Program | State Small Business Credit Initiative (SSBCI)
In this Office of Inspector General report, West Virginia's SSBCI programs are audited. The audit reveals that $13.2M has been spent or obligated as of September 2013.

Arctaris Growth Debt National Loan Pool
Access to Capital | Public-Private Partnership (P3) Financing | State Small Business Credit Initiative (SSBCI)
Jonathan Tower of Arctaris Royalty Partners discusses economic development initiatives for underserved U.S. small businesses.


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


Council of Development Finance Agencies
100 E. Broad Street, Suite 2200
Columbus, OH 43215
(614) 224-1300
info@cdfa.net

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