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Having received inquiries from PEDA members representing Certified Economic Development Organizations (CEDOs), PEDA has scheduled a Zoom meeting to discuss the State Small Business Credit Initiative (SSBCI) program guidelines and application process. The goal of SSBCI, administered through the U.S. Department of the Treasury, is to support small businesses by offering access to capital through loans and equity investments. In Pennsylvania, DCED is administering the SSBCI program by contracting with eligible entities – including CEDOs – to implement and administer the SSBCI revolving loan fund.
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