The state small business credit initiative (SSBCI) / Marcus Powell, editor.

Format:

Book

Contributor:

Powell, Marcus, editor.

Series:

Small business considerations, economics and research (Series)

Business issues, competition and entrepreneurship series.

Small business considerations, economics and research

Business issues, competition and entrepreneurship

Language:

English

Subjects (All):

United States. Small Business Administration.

United States.

Government aid to small business--United States.

Government aid to small business.

Federal aid to small business--United States--Finance.

Federal aid to small business.

Small business--United States--Finance.

Small business.

Small business--Government policy--United States.

Government lending--United States.

Government lending.

Loans--United States--Government guaranty.

Loans.

Physical Description:

1 online resource (181 pages) : illustrations.

Place of Publication:

New York : Nova Science Publishers, [2013]

Summary:

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.

Notes:

Includes index.

Description based on print version record.

ISBN:

1-62417-483-3