Renaissance is proud to participate in the SCALE Program as a resource partner
Through this initiative, we will keep you informed about upcoming workshops and the tools you need for your small business. We will also connect entrepreneurs with a larger network of partners who can provide all the resources they need to be ready to receive a loan.
Renaissance is honored to participate in this program as a resource partner, working to ensure underserved small businesses, including businesses run by women, as well as businesses in low-to-moderate-wealth, rural, or disaster-impacted communities, are ready to access this funding. This work will include:
Special Note: 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.