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State Small Business Credit Initiative

| February 1, 2024

Illinois will receive up to $354.6 Million to administer four programs as part of the State Small Business Credit Initiative (SSBCI 2.0). The expanded program offerings through SSBCI 2.0 will enable Illinois to support small businesses across the state – helping them attract more capital investment and expand or launch business operations while supporting key sectors.

Registrants will hear an overview of Advantage Illinois and SSBCI 2.0. Our panel will detail the Advantage Illinois Participation Loan Program (PLP), Advantage Illinois Loan Guarantee Program (LGP), INVENT Venture Capital Program (VCP), and the Climate Bank Finance Participation Loan Program.

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