The Federal Reserve Bank of San Francisco

 

Upcoming Events

State Small Business Credit Initiative Roundtables
Sponsored by the Federal Reserve Bank of San Francisco

Please register for one of the following events:
Guam Banker Roundtable, SSBCI Program Officials Roundtable, or State Small Business Credit Initiative Roundtable.

Guam Banker Roundtable
February 26, 2013
Noon to 4:00 pm

Latte of Freedom Building, Ricardo J. Bordallo Complex
513 West Marine Corps Drive
Hagatna, GU 96910

Community Bankers and Lenders, State and Territory economic development agency representatives are all encouraged to attend this meeting to learn about they can help meet the credit needs of small businesses through participating in the State Small Business Credit Initiative.

There is no cost to attend, but advanced registration is required.

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SSBCI Program Officials Roundtable
February 27, 2013
9:00 am to Noon

Latte of Freedom Building, Ricardo J. Bordallo Complex
513 West Marine Corps Drive
Hagatna, GU 96910

Current SSBCI Program Officials are invited to participate in this meeting to discuss the status of their programs and learn how they can increase performance.

There is no cost to attend, but advanced registration is required.

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State Small Business Credit Initiative Roundtable
Thursday, February 28, 2013
2:00 – 4:00 pm
Snacks will be provided

State Office Tower
235 S. Beretania Street, 4th Floor
Conference Room 405
Honolulu, HI 96813

Community Bankers and Lenders, State and Territory economic development agency representatives are all encouraged to attend this meeting to learn about they can help meet the credit needs of small businesses through participating in the State Small Business Credit Initiative. Presenters will be discussing how the program can help financial institutions extend more credit to small businesses in Guam, and Hawaii Strategic Development Corporation’s $13 million allocation to invest in Hawaii businesses.

There is no cost to attend, but advanced registration is required.

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Event Contact:

Craig Nolte
Federal Reserve Bank of San Francisco
(206) 396-2192
Event Description

State Small Business Credit Initiative Roundtables

These Roundtables to be held in Guam and Hawaii are intended to educate participants about the benefits of the State Small Business Credit Initiative program. On September 27, 2010, President Obama signed into law the Small Business Jobs Act of 2010 (the "Act").  The Act created the State Small Business Credit Initiative, which was funded with $1.5 billion to strengthen state programs that support lending to small businesses and small manufacturers.  The State Small Business Credit Initiative is expected to help spur up to $15 billion in lending to small businesses.  Under the State Small Business Credit Initiative, participating states will use the federal funds for programs that leverage private lending to help finance small businesses and manufacturers that are creditworthy, but are not getting the loans they need to expand and create jobs.  The State Small Business Credit Initiative will allow states to build on successful models for state small business programs, including collateral support programs, Capital Access Programs (CAPs) and loan guarantee programs.  Existing and new state programs are eligible for support under the State Small Business Credit Initiative.
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