From: U.S. Department of the Treasury <subscriptions@subscriptions.treas.gov>
Date: Thu, Jul 3, 2014 at 12:22 PM
Subject: More Than $835 Million SSBCI Funds are Supporting Small Businesses Nationwide
To: iammejtm@gmail.com
Having trouble viewing this email? View it as a Web page. You are subscribed to Blog - "Treasury Notes" for U.S. Department of the Treasury. This information has recently been updated, and is now available.
The U.S. Treasury Department's State Small Business Credit Initiative (SSBCI) this week issued its latest quarterly report showing that states have supported more than $835 million in loans or investments to small businesses across the country. Through SSBCI, the Treasury Department continues to help existing and new businesses access the capital they need to expand their operations and hire new workers. Since 2011, SSBCI has disbursed much needed funds to participating states, municipalities, and U.S. territories to support private loans and investments. Under the program, each state designs its own small business support programs to respond to local economic conditions. Some of the many examples of SSBCI funds at work include:
Investments like these contribute to the economic recovery and help create jobs in communities. SSBCI was created when President Obama signed into law the Small Business Jobs Act of 2010 on September 27, 2010. The Treasury Department will award up to $1.5 billion in SSBCI funds to programs that support small businesses. To learn more about SSBCI please read the quarterly report, and for more information about the Treasury Department's small business programs, please visit: www.treasury.gov/smallbusiness.
Jessica Milano is Deputy Assistant Secretary for Small Business, Community Development, and Housing at the United States Department of the Treasury.
|
Jeremy Tobias Matthews
No comments:
Post a Comment