WASHINGTON—The U.S. Treasury Department said on Friday it approved four additional state plans for the State Small Business Credit Initiative worth $750 million, bringing total approvals under the COVID-19 recovery venture capital program to $2.25 billion. The $10 billion SSBCI program aims to address a shortage of capital for new business startups and other small…
US Treasury Approves Up to $750 Million Small Business Capital Funds for Four States
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