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State Small Business Credit Initiative (SSBCI)

State Small Business Credit Initiative (SSBCI)

Administers federal small business support through JEDA by channelling funds into credit support for South Carolina enterprises.

OpenSouth Carolina Jobs-Economic Development AuthorityUnited StatesEligible in South Carolina
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About

The State Small Business Credit Initiative (SSBCI) is a federal program administered by the U.S. Department of the Treasury that allocates capital to state-level programs for deployment to small businesses. In South Carolina, JEDA (South Carolina Jobs-Economic Development Authority) serves as one of the administering entities, deploying SSBCI capital as credit support and loan financing to South C…

What this grant funds

Federal US Treasury SSBCI pass-through program administered by JEDA to provide credit support and loan capital to South Carolina small businesses seeking to grow and create jobs.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Loan
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—
Funding analytics

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Industries

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Eligibility criteria

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Last verified: 22 Jul 2026Source: scjeda.com