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WVCAP Collateral Support

WVCAP Collateral Support

Provides collateral enhancement to help West Virginia businesses secure conventional bank loans they otherwise cannot obtain.

OpenWV Jobs Investment Trust (JIT) BoardUnited States
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About

The WVCAP Collateral Support program is administered by the West Virginia Jobs Investment Trust (WVJIT) and the West Virginia Economic Development Authority (WVEDA) under the WVCAP umbrella, which is capitalized through the U.S. Treasury State Small Business Credit Initiative (SSBCI). The program addresses a specific barrier to bank lending: businesses that are operationally creditworthy but canno…

What this grant funds

Enhances collateral to help creditworthy West Virginia businesses access conventional bank loans they would otherwise be unable to secure due to a collateral shortfall.

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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What you have to submit

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Last verified: 24 Jul 2026Source: wvjit.wv.gov