SSBCI Mississippi — Small Business Credit Initiative
Provides Mississippi firms with federal-backed loans, guarantees, and equity to expand credit access for startups and growth companies.
Mississippi's State Small Business Credit Initiative (SSBCI) allocation is approximately $86 million drawn from the American Rescue Plan Act of 2021, administered by the Mississippi Development Authority (MDA) to expand small business credit access and promote equitable economic recovery. The program operates through five sub-programs with distinct structures and administrators: the Mississippi CD…
Deploys approximately $86 million in federal SSBCI capital across loans, loan guarantees, and equity investments to expand credit access for Mississippi small businesses and startups.
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