SSBCI 2.0’s Implementation across States and Other Jurisdictions

Introduction With the passage of the American Rescue Plan in 2021, Congress reauthorized the State Small Business Credit Initiative (SSBCI 2.0) with an allocation of $10 billion to improve access to capital for underserved small businesses and entrepreneurs. The Department of Treasury (“Treasury”) administers the program and oversaw a first round (SSBCI 1.0) from 2010 and […]