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Venturize

California programs providing financial assistance for entrepreneurs

California operates six small business financing programs: one capital access program, one loan guarantee program, one collateral support program, and three equity/venture capital programs. The California Infrastructure and Economic Development Bank (IBank), an agency of the Governor’s Office of Business and Economic Development, is the implementing entity and will administer the loan guarantee and venture capital programs. The California Pollution Control Financing Authority (CPCFA), an authority of the California State Treasurer’s Office, will administer the capital access program and the collateral support program.

CA SSBCI program details at a glance

State Small Business Credit Initiative (SSBCI) program administrator(s):  California Infrastructure and Economic Development Bank (IBank) and California Pollution Control Financing Authority (CPCFA)
Total SSBCI allocation to state:

$1182.00M