State Small Business Credit Initiative (SSBCI)
Overview
The State Small Business Credit Initiative (SSBCI) is a federal program administered by the U.S. Department of the Treasury. It provides nearly $10 billion to states, the District of Columbia, territories, and Tribal governments to support small businesses and entrepreneurship. These jurisdictions use the funds to create tailored programs that offer funding through equity/venture capital, loan participation, loan guarantees, and other credit support mechanisms, with the goal of catalyzing private investment. The program was first established in 2010 and was reauthorized and expanded as part of the American Rescue Plan Act of 2021.
Portfolio Companies
3
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Astek Diagnostics | Jun 2023 | Seed | Co-investor |
| Amplibotics | Apr 2026 | Angel | Co-investor |
| SecondWave Systems, Inc. | Apr 2025 | Series A | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is State Small Business Credit Initiative (SSBCI) based?
State Small Business Credit Initiative (SSBCI) is headquartered in District of Columbia.
When was State Small Business Credit Initiative (SSBCI) founded?
Founding year information for State Small Business Credit Initiative (SSBCI) is not publicly available.
How many portfolio companies does State Small Business Credit Initiative (SSBCI) have?
State Small Business Credit Initiative (SSBCI) has 3 portfolio companies in Caplight's dataset.
What are some companies in State Small Business Credit Initiative (SSBCI)'s portfolio?
Portfolio companies visible on Caplight include Astek Diagnostics, Amplibotics, SecondWave Systems, Inc..
What was State Small Business Credit Initiative (SSBCI)'s most recent investment shown here?
State Small Business Credit Initiative (SSBCI)'s most recent investment in this portfolio sample was in Amplibotics in 2026.
What sectors does State Small Business Credit Initiative (SSBCI) focus on?
State Small Business Credit Initiative (SSBCI) focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Frontier & Industrial Tech, Enterprise Software.
What company stages does State Small Business Credit Initiative (SSBCI) focus on?
State Small Business Credit Initiative (SSBCI) typically invests at the Early stage.