CCEDA: SSBCI 2.0 and Small Business Loan Guarantee Program Webinar with GO-Biz
December 12 @ 11:00 am - 5:00 pm
CCEDA will be joined by representatives from the Governor’s Office of Business and Economic Development (GO-Biz) who will give an in-depth overview of the SSBCI Small Business Loan Guarantee program, and answer your questions!
- California has allocated over $390 million to a small business loan guarantee program that is expected to expand access to capital for underserved communities, including by building on existing relationships with lenders that have strong established presences in those communities.
- California has allocated $200 million to implement several venture capital strategies intended to provide key investments to small businesses, including through first-time and under-represented fund managers and those with track records of investing in underserved businesses. These venture capital programs are projected to create or retain over 28,000 jobs and generate several billion dollars of private financing over the next decade.