SSBCI Funding to Support Small Businesses
20 Jan 2025
News
The U.S. Department of the Treasury announced that Illinois will receive up to $354.6 million to administer four programs as part of the State Small Business Credit Initiative (SSBCI).
Those programs are:
• Advantage Illinois (AI) Loan Participation Program (Existing Program)
• Advantage Illinois (AI) Loan Guarantee Program (New Program)
• INVENT Venture Capital Program (VCP) (New Program)
• Climate Bank Finance Loan Participation Program (New Program)
For questions, please reach out to CEO.SSBCI@Illinois.gov.
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