State Small Business Credit Initiative 2.0

Underrepresented communities and emerging ecosystems are vital to the venture world, but often struggle to unlock significant capital. In this episode, we explore how a recently reinstated federal program called the State Small Business Credit Initiative (SSBCI) gives these groups greater access to significant capital for VC investment.

Think and Do Tank Heartland Forward’s President and CEO Ross Devol gives us a view into the challenges entrepreneurs face in Heartland states and shares how Heartland Forward is dedicated to improving economic performances in America’s Heartland.

NVCA’s Manager of Government Affairs Jonas Murphy gives us the rundown on how SSBCIworks, why VCs should care about it, and potential challenges managers should keep in mind when considering applying.

Ray Leach, founding CEO of non-profit venture development organization Jumpstart, shares advice for emerging managers who are applying for funds with the SSBCI, explains how the SSBCI will differ from state to state, and how the program accelerates startup ecosystems across the country.

Managing Director of New York Ventures at Empire State Development Jennifer Tegan shares success stories of SSBCI 1.0 and tells us what SSBCI 2.0 will do better.

We also announce an exciting new NVCA event for VC investors to take action and learn insight to enhance effectiveness inside the boardroom of portfolio companies.

To register for our events, or to learn more about the National Venture Capital Association (NVCA) visit our website.