State Small Business Credit Initiative (SSBCI)

About SSBCI

The State Small Business Credit Initiative (SSBCI) was created through the Small Business Jobs Act of 2010 (the “Act”). SSBCI was funded with $1.5 billion to strengthen state programs that support financing of small businesses.  Treasury awarded funding to all 50 states, the District of Columbia, and all U.S. Territories, based on their proportion of unemployed persons as a percentage of the national total.

Participating States funded new or existing state programs that fell into one of the following types: Capital Access Program (CAP), Collateral Support Program, Loan Guarantee Program, Loan Participation Program, or Venture Capital Program. General program parameters required Participating States to demonstrate a reasonable expectation of leveraging $10 of private dollars for every $1 of SSBCI funding expended.

Research Tools

Program Impact Data (.csv) (data.gov)

• SSBCI Data Publication Narrative
• SSBCI Data Definitions
• SSBCI Data Documentation
• SSBCI Data Release Protocol

Reports

Evaluations

• SSBCI Program Evaluation 2016 – Full Report
• Program Evaluation Report Appendices
• Summary of States 2016 Annual Reports
• Quarterly Report Summary 4Q2016

Best Practices

• Partnering with Community Development Financial Institutions (CDFIs)
• Using SSBCI to Improve Access to Capital in Underserved Communities
• Loan Participation Programs best practices report
• Collateral Support Programs best practices report
• Loan Guarantee Programs best practices report
• Venture Capital Programs best practices report
• Capital Access Programs best practices report

Program Observations

• Filling the Small Business Lending Gap: Executive Summary ​
• ​Filling the Small Business Lending Gap: Full Report
• Information and Observations on State Venture Capital Programs
• The George Washington Institute of Public Policy Federal Sources of Entrepreneurship Data: A Compendium

SSBCI State Programs and Program Allocations, 2011-2017

The Department of the Treasury developed profiles of every SSBCI program to document program structures, outcomes and other pertinent information. The below map provides information on the program types available in each state and the total allocation provided to states.

Click on a state to access its’ program profile.

*This repository is an independent site and is not owned or managed by the United States Department of the Treasury. The FAQs and guidance shown represent policy made through September 27, 2017, the sunset of the SSBCI program.