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01
Review the SSBCI program guidelines and requirements.
02
Gather necessary financial data and documentation.
03
Describe the proposed use of funds in detail.
04
Identify the target audience and market for the capital program.
05
Outline the expected economic impact of the program.
06
Complete the application form, ensuring all sections are filled accurately.
07
Attach required supporting documents, such as financial statements and business plans.
08
Submit the application by the specified deadline.

Who needs ssbci capital program policy?

01
State governments looking to access capital funding.
02
Businesses and startups seeking financial support.
03
Economic development organizations aiming to stimulate local economies.
04
Investors interested in funding new projects through state programs.
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The SSBCI Capital Program Policy refers to guidelines set forth by the State Small Business Credit Initiative (SSBCI) to provide financial support to small businesses. It outlines how states can utilize federal funds to enhance access to credit for small businesses within their jurisdictions.
States participating in the SSBCI program are required to file the SSBCI Capital Program Policy with the U.S. Department of the Treasury as part of their agreement to receive funds.
To fill out the SSBCI Capital Program Policy, entities must follow the instructions provided by the U.S. Department of the Treasury, which typically includes providing detailed information on program design, target markets, and expected outcomes.
The purpose of the SSBCI Capital Program Policy is to increase access to capital for small businesses, stimulate economic growth, and create jobs by providing state governments with resources to establish credit support programs.
Entities must report information including program structures, financial tools used, target sectors, anticipated impacts on small businesses, and performance metrics to measure success.
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