This document outlines the U.S. Department of the Treasury's State Small Business Credit Initiative (SSBCI) Frequently Asked Questions which were updated on June 22, 2022. Some of the questions answered in this document include the upcoming SSBCI Capital Program deadlines, the process for application approval, and when the applications will be reviewed.

CDFA Virtual Summer School is offering three different training courses, all held online during August 1-4. Learn from expert practitioners and experience CDFA's most interactive educational event of the year! These courses also qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program and scholarships are available.

Gener8tor has operated across the U.S. for the last 10 years and brings together startup founders, investors, corporations, job seekers, universities and more. It includes more than 75 programs from startup accelerators to speaker series and fellowships. Gener8tor was one of the chosen startups will receive co-investment from Nevada's State Small Business Credit Initiative (SSBCI) program.

The Wyoming Business Council (WBC) is seeking input from the public on rules for two programs: Connect Wyoming and the State Small Business Credit Initiative (SSBCI). Draft rules for both programs are available to review at wyomingbusiness.org/public-comments. The WBC is accepting comments for these programs until August 22, 2022, at 11:59 p.m. MT.

Small businesses in Utah will soon have the opportunity to access capital through the state's new State Small Business Credit Initiative (SSBCI) program. With funds authorized by the American Rescue Plan Act of 2021, the state is anticipated to receive $69 million over 10 years through SSBCI.

Technical.ly asked VIPC, TEDCO and DC's economic development office how much of its funding actually made it into the hands of founders of color over the past few years, including how much SSBCI funding some DMV agencies will be receiving.

State officials are awaiting approval of $81.7 million in federal aid that would be funneled to small businesses in underserved rural areas of Arkansas, including $10 billion for the national State Small Business Credit Initiative. About 60% of the funds are slated for venture-capital efforts that support technology-based companies, and the remaining 40% will be distributed to small businesses, including socially and economically disadvantaged companies.

CDFA // BNY Mellon Development Finance Webcast Series: Development Finance and the Cannabis Industry
Tuesday, July 19, 2022 - 2:00 PM - 3:00 PM Eastern

SSBCI Learning Series - Aligning your SSBCI Strategy with Federal Funding Priorities
July 29, 2022 - 1:00 PM Eastern

This document outlines the U.S. Department of the Treasury's State Small Business Credit Initiative (SSBCI) Frequently Asked Questions which were updated on June 22, 2022. Some of the questions answered in this document include the upcoming SSBCI Capital Program deadlines, the process for application approval, and when the applications will be reviewed.

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