Bring Your Business to Arkansas

State Small Business Credit Initiative

In December 2011, Governor Mike Beebe announced Arkansas was awarded $13.1 million by the United States Department of the Treasury's State Small Business Credit Initiative (SSBCI) to help create jobs through lending and guaranteeing loans to small and minority businesses, supporting venture capital investments and making risk capital investments in technology based enterprises.

The Arkansas Development Finance Authority (ADFA) will collaborate with the Arkansas Economic Development Commission (AEDC) and the Arkansas Science and Technology Authority (ASTA) to distribute the funds through existing programs such as ADFA's Arkansas Capital Access Program, Bond Guaranty/Loan Participation Program, Risk Capital Matching Fund, the Disadvantaged Business Enterprise/Small Business Loan Guaranty Program, the Co-investment Fund and the Seed and Angel Capital Network.

For more information on this program, click here.