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
Product Classification:
Credit & credit institutionsSmall businesses & self-employed
AI Summary
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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