Small Business Credit Initiative seminar scheduled WednesdayFrom Staff Reports
The Coweta County Development Authority and the City of Newnan Business Development Office are sponsoring a state Small Business Credit Initiative seminar that will be held at the Carnegie Building from 1:30 to 3 p.m. on Wednesday.
DCA’s SSBCI Program Manager Holly Hunt will conduct a presentation on the program. It is particularly aimed at bankers, credit unions and small businesses.
The State of Georgia application to the U.S. Treasury was approved and the allocation agreement executed in December 2011. Following discussions with Treasury, Georgia’s SSBCI allocation agreement approves three programs. Those programs are:
1) Georgia Funding for CDFIs, to which the state will allocate $20 million;
2) Georgia SBCG, or Small Business Credit Guarantee, to which the state will allocate $17,808,507; and
3) GCAP (Georgia Capital Access Program), to which the state will allocate $10 million.
For more information regarding SSBCI, visit http://www.georgia-ssbci.org/default.html .
To register, contact Brenda Washington of the Coweta County Development Authority at email@example.com .