State Small Business Credit Initiative Overview

  • Type
  • Government Agency

  • Year Founded
  • 2010

Year Founded

  • Professionals
  • 1

Professionals

  • Commitments
  • 31

State Small Business Credit Initiative General Information

Description

State Small Business Credit Initiative is a government agency based in Washington, District of Columbia. Established in 2010, the agency provides direct funding to states for programs that expand access to credit for small businesses and small manufacturers. State-run programs include portfolio insurance for lenders, loan guarantees, loan participation, cash collateral programs, and venture capital programs. The assets are managed by the executive management team.

Contact Information

Year Founded
2010
Commitment Size
Open To Secondaries
Open To First Time Funds
Institution Type
Government Agency
Primary Contact
Title
Acting Chief Program Officer, U.S. Department of the Treasury
Email
je
Phone
+1 (202)
Corporate Office
  • 1500 Pennsylvania Avenue Northwest
  • Washington, DC 20220
  • United States
+1 (202)

State Small Business Credit Initiative Commitments (31)

State Small Business Credit Initiative's most recent commitment was for from , managed by Empire State Development. The commitment was made on .

Fund Name Fund Manager Fund Location Vintage Fund Size Commitment Date Commitment
Empire State Development New York, NY 2024
Excell Partners Rochester, NY 2024
Ochsner Ventures New Orleans, LA 2024
The Idea Village New Orleans, LA 2024
Illinois Government Springfield, IL 2024
You’re viewing 5 of 31 commitments. Get the full list »

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State Small Business Credit Initiative Commitment Analytics

PitchBook’s data visualizations help you see a limited partner’s commitments—showing a breakdown of activity by fund type and region, complete with performance metrics.

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Commitments by Fund Type
Commitments by Fund Type
Commitments by Region
Commitments by Region

State Small Business Credit Initiative Investment Allocations

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  • Target PE:
    Current PE:
    %  Actual
  • Target Real Estate:
    Real Estate:
    %  Actual
  • Target Equities:
    Current Equities:
  • Target Fixed Income:
    Fixed Income:
  • Target Cash:
    Current Cash:
Investment allocations

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