CREC Project News and Updates

CREC Moderates Panel at SSBCI Conference in Washington, D.C.

May 6, 2016

Ken Poole moderated a panel discussing strategies for federal agencies to partner with states on small business lending at the State Small Business Credit Initiative (SSBCI) Conference in Washington, D.C.

On September 27, 2010, President Obama signed into law the Small Business Jobs Act of 2010. The Act created the State Small Business Credit Initiative, which was funded with $1.5 billion to strengthen state programs that support lending to small businesses and small manufacturers. The State Small Business Credit Initiative will allow states to build on successful models for state small business programs, including collateral support programs, Capital Access Programs (CAPs) and venture capital programs.

About This Project

Supporting the State Small Business Credit Initiative Lending Programs
Start Date: Jan 1970 — End Date: Jan 1970

Working collaboratively with commercial lending and community development finance subject matter experts (George Surgeon, David McGrady and Donna Nails), CREC provided technical assistance and support services for U.S. Treasury’s State Small Business Credit Initiative (SSBCI).

About the Client

U.S. Department of Treasury, State Small Business Credit Initiative

The State Small Business Credit Initiative is a federal program administered by the U.S. Department of the Treasury funded with $1.5 billion to strengthen state programs that support private financing to small businesses and small manufacturers.