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State Small Business Credit Initiative (SSBCI)
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State Small Business Credit Initiative (SSBCI)

Book Details

Format Hardback or Cased Book
ISBN-10 1624174825
ISBN-13 9781624174827
Publisher Nova Science Publishers Inc
Imprint Nova Science Publishers Inc
Country of Manufacture US
Country of Publication GB
Publication Date Apr 12th, 2013
Print length 135 Pages
Weight 420 grams
Dimensions 23.80 x 16.00 x 1.70 cms
Ksh 30,400.00
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The SSBCI provides funding to states, territories, and eligible municipalities to expand existing or to create new state small business investment programs, including state capital access programs, collateral support programs, loan participation programs, loan guarantee programs, and venture capital programs. This book examines the SSBCI and its implementation, including Treasury''s response to initial program audits conducted by the U.S. Government Accountability Office and Treasury''s Office of Inspector General. These audits suggested that SSBCI participants were generally complying with the statute''s requirements, but that some compliance problems existed, in that, the Treasury''s oversight of the program could be improved; and performance measures were needed to assess the program''s efficacy.

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