Did you know that small businesses who receive a small business loan or other financing are:
SCALE: Success, Capital Access and Leadership for Entrepreneurs was created by the California Office of the Small Business Advocate (CalOSBA) to help California’s diverse small businesses across the state access more resources to start up, grow, and create jobs.
Renaissance Entrepreneurship Center is honored to participate in this program as a resource partner, working to ensure underserved small businesses, including businesses run by women, people of color, people with disabilities, and veterans, as well as businesses in low-to-moderate-wealth, rural, or disaster-impacted communities, are ready to access this funding. This work includes:
Funding for this $25.3 million Program comes from the U.S. Treasury’s State Small Business Credit Initiative (SSBCI), which was created by the U.S. Congress in 2010 and reauthorized through the American Rescue Plan Act of 2021. Additionally, it will support the deployment of $1.1 billion in federal funding separately approved for capital support programs from the California Infrastructure and Economic Development Bank (IBank) and the California Pollution Control Financing Authority. Lenders across the state are expected to leverage the $1.1 billion in funding for existing capital support programs into $18 billion in new loans for small businesses.
This project is being supported, in whole or in part, by a subaward made under federal award number SSBCI-21031-0018 awarded to the California Office of the Small Business Advocate (CalOSBA) by the U.S. Department of the Treasury.
© 2025 Renaissance Entrepreneurship Center. All rights reserved. | Privacy Policy