SSBCI - Indiana Economic Development Corp
The Legend Fund supports Indiana small businesses by increasing access to business loans. We know that the growth of small businesses is a vital part of Indiana’s economy and that entrepreneurs play a significant role in promoting economic development within our state.
Indiana Launches $29M Legend Fund to Support Entrepreneurs, …
2024年3月5日 · The Legend Fund, fueled by federal funding awarded to Indiana through the State Small Business Credit Initiative (SSBCI), will distribute $29 million to mission-driven local lenders to increase lending to Hoosier small businesses, with an added focus on those that have been historically underserved.
State Small Business Credit Initiative (SSBCI)
Through the program, loan funds that provide capital to Indiana-based small businesses will be eligible to have a portion of those loans purchased by the IEDC, enabling the loan funds to then support even more entrepreneurs and small businesses with available funds.
Loan Fund Investment Program - Indiana Economic Development …
Indiana is leveraging SSBCI to create a new small business loan fund investment program to provide more capital for entrepreneurs and small businesses, particularly for those that have been historically underserved.
Programs - Indiana Economic Development Corp
Indiana Has the Resources to Start and Grow a Business. From accelerators and advisors to venture capital and loans, Indiana is invested in your success.
Overview - Indiana Economic Development Corp
Indiana is leveraging SSBCI to expand venture capital investments and create a new program to invest in small business loan funds throughout the state. At least 37 percent of this funding will be allocated to traditionally underserved small businesses and entrepreneurs, encouraging greater equity in access to capital.
Overview - Indiana Economic Development Corp
CAP-SSBCI is a small business credit enhancement program that creates a specific cash reserve fund for a lender to use as additional collateral for loans enrolled in the program by the particular lender.
Small Business Support - Indiana Economic Development Corp
The Indiana Small Business Development Center (ISBDC) works to support the formation, growth and sustainability of small businesses in Indiana. With the help of the ISBDC, Hoosier entrepreneurs start stronger, grow faster, and work smarter.
Minority Business Initiative (MBI) - Indiana Economic Development …
The MBI aims to provide direct assistance and referrals to minority business enterprises as they start and grow in Indiana – all while contributing collaboratively and meaningfully to the statewide entrepreneurial ecosystem.
PROGRAMS - Indiana Economic Development Corp
Indiana also provides financial assistance to qualified high-tech firms and small businesses and offers a variety of programs to support new business start-ups and business expansion and growth.