1,000+ Opportunities
Find the right grant
Search federal, foundation, and corporate grants with AI — or browse by agency, topic, and state.
This listing may be outdated. Verify details at the official source before applying.
Find similar grantsState Small Business Credit Initiative (SSBCI) is sponsored by Georgia Department of Community Affairs. Provides funding to strengthen state lending programs supporting small businesses and manufacturers in Georgia.
Get alerted about grants like this
Save a search for “Georgia Department of Community Affairs” or related topics and get emailed when new opportunities appear.
Search similar grants →Extracted from the official opportunity page/RFP to help you evaluate fit faster.
State Small Business Credit Initiative (SSBCI) | Georgia Department of Community Affairs The Small Business Jobs Act of 2010 (the “Act”) became law in the fall of 2010. The Act created the State Small Business Credit Initiative to strengthen state lending programs that support small businesses and manufacturers.
About the State Small Business Credit Initiative (SSBCI) The Act created the State Small Business Credit Initiative to strengthen state lending programs that support small businesses and manufacturers. The $1. 9 trillion American Rescue Plan Act of 2021 (ARPA) reauthorized the Small Business Jobs Act of 2010 to provide $10 billion to fund the State Small Business Credit Initiative (SSBCI 2.
0) as a response to the economic effects of the COVID-19 pandemic. The Georgia SSBCI program does not offer a grant program. Georgia is allocated a total potential funding amount of $199,616,860.
These funds will address the following requirements: Outreach to support business enterprises owned and controlled by socially and economically disadvantaged individuals. Outreach to very small businesses (less than 10 employees). Reasonable expectation to achieve a 10:1 leverage of private funds.
Ability to deploy funds in a timely manner. The State of Georgia application to the U.S. Treasury was approved and the allocation agreement executed in November 2022. GHFA EDFI/Georgia Department of Community Affairs (DCA) is the administrator of the program.
Frequently Asked Questions Information for Small Businesses Small business are eligible to participate. Learn more and apply today if you meet the eligibility requirements.
Apply as a Small Business Georgia CDFI Program (GA CDFI) Georgia Equity Direct Program Georgia Loan Participation Program Georgia Small Business Credit Guaranty Georgia Venture Capital Program (GA VC Program) How a Small Business Can Apply Georgia Loan Participating Program (GA LPP) The GA LPP with SSBCI funding will be used to purchase a portion of a loan originated by a participating lender to an eligible small business borrower.
Interest rates, maturity, collateral, and other loan terms are negotiated between the borrower and the lender. The primary lender conducts all the customer interaction, including payment processing and loan workouts. GA LPP can use SSBCI funds to purchase up to 25% of a loan originated by a participating lender to an eligible small business borrower.
However, the GA LPP can purchase up to 30% of a loan originated by a CDFI bank. Small Business Credit Guaranty (Georgia SBCG) The Georgia SBCG with SSBCI funding will be used to guarantee 50% of a loan originated by a participating lender to an eligible small business borrower. The State will reimburse from SSBCI funds 50% of losses incurred on an enrolled credit by a Lender that is not in material default of the PPA.
The 50% guarantee provides the required 1:1 leverage of private to SSBCI funds and 50% lender capital at risk. Interest rates, maturity, collateral, and other loan terms are negotiated between the borrower and the lender. The primary lender conducts all the customer interaction, including servicing their payments and loan workouts.
Georgia Venture Capital Program (GA VC Program) The Georgia Venture Capital Program will help grow venture capital for small businesses at the earliest stages of development, which Invest Georgia will operate as a multi-fund program. Invest Georgia is an instrumentality of the State of Georgia and has authority under O. C.
G. A § 10-10-10 to operate venture capital programs intended to increase the amount of private investment capital available for Georgia-based businesses DCA/GHFA Economic Development Financing, Inc. executed a Memorandum of Agreement with Invest Georgia to operate the GA VC Program.
An objective of the GA VC Program will be to improve regional entrepreneurial and investment ecosystems that support economic growth, innovation development and job creation. Georgia Equity Direct Program The Georgia Equity Direct Program will provide an attractive source of capital for investments in startups and eligible businesses.
Investments will be made alongside diverse venture funds, non-profit seed funds, angel funds and other investors that present a compelling economic development case. Invest Georgia will manage the direct co-investment program, which will provide flexibility for supporting a diverse portfolio of small businesses.
Georgia CDFI Program (GA CDFI) The Georgia CDFI Program is a companion loan program among the non-depository Community Development Financial Institutions (CDFIs) and the private lending institutions. This program is accomplished through a combination of resources: SSBCI funds administered by DCA/GHFA in conjunction with performance-driven agreements with the CDFIs.
GA CDFI will provide access to capital to the borrowers, gap financing for the banks, low interest rates and attractive terms. Georgia businesses will be equipped to receive significant incentive to start projects, expand operations, improve facilities or equipment, or access needed working capital. CDFIs are encouraged to participate in projects with a leverage of 10:1, with no less than a 1:1 leverage.
Becoming a Georgia Lender Advantages and Opportunities for Georgia Lenders Credit enhancements to strengthen bank loans and reduce risk Delegated lending model where lenders manage underwriting Streamlined procedures and quick response to project loan requests Opportunity for CRA credit How to Become an Approved Lender All lenders seeking approval as participating lenders in the SSBCI programs must undergo a vetting process whereby the State will evaluate the lender on management and lending experience as well as financial capacity and ability.
The first step to becoming an approved lender is to complete a lender application package and submit it to DCA for review. Please contact our office to obtain an application package. Lender SSBCI Flyer (PDF, 340.
09 KB) Small Business Lending in Georgia Community Development Financial Institutions engaged in small business lending in Georgia. These organizations provide loans and business development resources to help borrowers create and grow sustainable businesses and generate jobs for Georgians. Access to Capital for Entrepreneurs (ACE) Albany Community Together, Inc. (ACT!)
Georgia Cities Foundation Small Business Assistance Corporation (SBAC) Southwest Georgia United (SWGAU) If you first need technical assistance with a business plan, 3 years of financial pro forma, or legal assistance in forming your small business, please contact the UGA’s Small Business Development Center for free technical assistance. Their list of Business Advisors may be found at the following link.
Please contact the SSBCI Program Manager for assistance in locating a lender near you. View list of Business Advisors SSBCI: Documents & Downloads History of the State Small Business Credit Initiative Small Business Administration University of Georgia Small Business Development Center Georgia Department of Economic Development US Department of Agriculture
According to the current listing, eligibility includes: Small businesses and manufacturers in Georgia. Confirm the full requirements in the official notice before applying.
The current listing shows up to $199,616,860 allocated to Georgia. Verify award ceilings, matching requirements, and allowable costs in the official notice.
State Small Business Credit Initiative (SSBCI) is funded by Georgia Department of Community Affairs. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Georgia. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
The Homeless Youth Program is a grant from the Illinois Department of Human Services that funds services for homeless and at-risk youth across Illinois. Administered through the Office of Community and Positive Youth Development, it supports nonprofit organizations delivering shelter, outreach, and support services to young people experiencing homelessness or housing instability. Eligible applicants are Illinois-based nonprofits with demonstrated capacity to serve youth. Awards range from $100,000 to $800,000 per year under CSFA number 444-80-0711. This is a FY 2026 funding opportunity with an application deadline of May 21, 2025.
Community Investment Tax Credit Program (CITC) is a grant from the Maryland Department of Housing and Community Development that provides state tax credit allocations to 501(c)(3) nonprofits, enabling them to attract private donations from individuals and businesses. Donors contributing $500 or more to approved projects receive tax credits equal to 50% of their contribution. The program has leveraged nearly $27 million in charitable contributions to approximately 700 projects statewide. Eligible project areas include education, housing, job training, arts and culture, economic development, and services for at-risk populations. Projects must be located in or serve residents of Maryland's Priority Funding Areas. The application period is typically held annually.
The Families First Community Grant Program is a competitive grant initiative from the Tennessee Department of Human Services (TDHS) offering approximately $27 million in funding to support nonprofit organizations serving low-income Tennessee families. Grants fund programs across four priority areas: education, health, economic stability, and family well-being, aligned with TANF goals of promoting self-sufficiency. Eligible applicants are 501(c)(3) nonprofits based in Tennessee that provide direct services to economically disadvantaged families. The 2025 application cycle closed July 10, 2025. This program reflects Tennessee's broader commitment to strengthening communities through strategic investment in local organizations that address the root causes of poverty.