NC SSBCI Capital Connect Livestream
Join The North Carolina Rural Center, US Treasury Department and OHUB to celebrate the selected VC’s that will invest $90M in NC startups.
The American Rescue Plan Act reauthorized and expanded the State Small Business Credit Initiative (SSBCI) to provide $10 billion to support small businesses and empower them to access the capital needed to invest in job-creating opportunities as the country emerges from the pandemic. SSBCI provides funds to states, the District of Columbia, territories, and Tribal governments to promote American entrepreneurship, support small business ownership, and democratize access to capital across the country, including in underserved communities.
The State of North Carolina was approved to receive up to $201.9 million to invest in startups and small businesses via their debt and venture capital programs.
In February 2023, the North Carolina Rural Center announced #NCInvest, a $30.18 million Phase 1 venture capital fund of funds program.
On Tuesday, February 27th, 2024, the North Carolina Rural Center, United States Treasury Department, and OHUB will come back together with the region’s technology, startup, and venture ecosystem to reveal the 10 venture capital firms that will invest over $90 million in North Carolina startups over the next several years.
The live stream will include remarks from the U.S. Treasury Department and North Carolina Rural Center, a panel on North Carolina’s SSBCI Debt Programs, and short pitches from our selected venture capital funds!
Tap in to hear about this timely program to provide investment capital to emerging venture funds and funding for startup companies.
(Tuesday) 6:00 pm - 8:00 pm