The Florida State Small Business Credit Initiative (SSBCI) 2. 0 is a program administered by FloridaCommerce that funds capital access and credit support for small businesses across the state of Florida.

Authorized under the federal State Small Business Credit Initiative reauthorized in 2021, the program channels federal funding to small businesses that may face barriers to obtaining conventional financing, supporting economic growth, job creation, and entrepreneurship. Eligible applicants are Florida-based small businesses with fewer than 500 employees. Awards of up to $50,000 are available.

Funds may be accessed through participating lenders and financial institutions. There is no published deadline; businesses should contact FloridaCommerce or participating lenders to confirm program availability and current application procedures.

# State Small Business Credit Initiative (SSBCI) | U.S. Department of the Treasury A **. gov** website belongs to an official government organization in the United States.

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Small Business Programs 4. State Small Business Credit Initiative (SSBCI) * COVID19 Economic Relief * Terrorism and Illicit Finance * Financing the Government * Financial Markets, Financial Institutions, and Fiscal Service * Small Business Programs * Small Business Lending Fund * Small and Disadvantaged Business Utilization * State Small Business Credit Initiative (SSBCI) * SSBCI 2. 0 Program Reports * SSBCI 2.

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0 Program Information * Community Development Financial Institutions (CDFI) Fund – Investment Areas ## State Small Business Credit Initiative (SSBCI) The State Small Business Credit Initiative (SSBCI) is a nearly $10 billion program to support small businesses and entrepreneurship in communities across the United States by providing capital and technical assistance to promote small business stability, growth, and success.

SSBCI represents a transformational investment in American small businesses and is expected to catalyze up to $10 of private investment for every $1 of SSBCI Capital Program funding to increase access to capital to small businesses and entrepreneurs, including those in underserved communities.

Reauthorized and expanded by the American Rescue Plan Act (ARPA), the SSBCI Capital Program provides funds to states, the District of Columbia, territories, and Tribal governments for those jurisdictions to create tailored programs that offer funding to small businesses and entrepreneurs through equity/venture capital, loan participation, loan guarantee, collateral support, and capital access programs.

* Treasury Department Releases 2022-2023 Annual Report on Deployment of SSBCI Capital to Small Businesses (11/13/2024) * Summary of Participating Jurisdictions 2022 and 2023 Annual Reports (July 2024) * SSBCI Program Fact Sheet (June 2023) * List of SSBCI Capital Programs and Contacts * State/Territory Capital Program Summaries * State/Territory Technical Assistance Program Summaries * Tribal Government Program Summaries * Small Business Opportunity Program (SBOP) Awardee Fact Sheet SSBCI Program Information by Entity Content within the SSBCI website has been organized and pre-filtered for use for the following types of website visitors.

Select the type of visitor profile that best matches your SSBCI program support function, goal, or expected experience. Treasury invites you to explore SSBCI information organized by visitor type.

I am / represent a: Financial Institution, Venture Capital Investor, and Technical Assistance Provider Participating Jurisdiction Tribal Government Participating Jurisdiction View all program information Any questions regarding the SSBCI program should be submitted tossbci_information@treasury.

gov. #### Self-Service Resources Program recipients with questions about reporting, technical issues, eligible uses of funds, or other items click here for self-service resources.

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