Division of Small Business

State Small Business Credit Initiative (SSBCI)

Logo of tree: Text in logo says "Delaware SSBCI State Small Business Credit Initiative"

Delaware’s State Small Business Credit Initiative-Funded

 Programs (SSBCI)


The Division of Small Business (DSB) has received funding from the U.S. Treasury to administer the State Small Business Credit Initiative (SSBCI), aimed at proving financing to help small and diverse businesses access capital (funding).

The goal of SSBCI-funded initiatives is to support both small and early-stage businesses, particularly those in underserved areas or that are owned by socially and economically disadvantaged individuals.

Funding will be made available to either financial lending institutions such as banks, credit unions, other lenders, or fund managers. Small business owners will apply to a participating lender for a loan, and if the lender thinks one of the below programs is a good fit, they will work directly with us to access the funding.    

Delaware is receiving $60.9M in funding in three allotments.  The state has received its first allocation and will distribute the funding through four different programs as described below. 

The four programs are: a capital access program, a loan participation program, and two equity/venture capital programs.  

DSB is now accepting lender applications for the:

This is the logo for the DE Loan Participation programDelaware Loan Participation Program – DSB will partner with banks, credit unions, Community Development Financial Institutions or other lending institutions to provide access to additional funding for small businesses. When a lending institution may not cover the full amount of the requested loan, it may ask DSB to assist. The lenders rate will be blended with the DSB rate, resulting in an overall lower interest rate for the business owner, who deals only with the lender.  The lender benefits by expanding its business portfolio, increasing its market share, and retaining existing clients.  View fact sheet here

Participating Lenders

This is the logo for the Delaware Capital Access ProgramDelaware Capital Access Program (DCAP) – This program is a flexible spending tool for banks, credit unions, Community Development Financial Institutions, or other lending institutions. DCAP is designed to give lenders a tool to make business loans that may not normally qualify for a conventional bank loan, in a manner consistent with safe and sound lending practices. The program is designed to mitigate some of the risks that may typically cause lenders to decline a loan or line of credit by creating a reserve fund that can be used as loan collateral.  View fact sheet here.

Participating Lenders


Interested in becoming an SSBCI Participating Lender?

*View the webinar recording: Delaware Division of Small Business Presents SSBCI – DECAP and DELPP Information Session (4/19/23)

Please send a request along with the required materials that correspond to the Type of Lending Institution you are applying on behalf of, to with the Subject: Participating Lender Request.

For more detailed information regarding the requirements and restrictions of SSBCI funded programs please reference the following documents from the U.S. Treasury:



DSB also released two Requests for Proposal (RFPs) this spring to manage the two equity/venture capital programs. The application period closed on May 31.  Successful applicants should be notified Fall 2023.


  • This is the Logo for the Delaware Accelerator and Seed Capital ProgramThe Accelerator and Seed Capital Program –  DSB will contract with up to two fund managers to distribute funding to eligible very early or idea-stage start-ups. Those ultimately receiving funding are typically STEM-focused and considered very small (10 or less full-time employees including contractors and proprietors) businesses.


  • This is the logo for the Early Stage Venture Capital ProgramThe Early-Stage Venture Capital Program – DSB will contract with a private, non-profit, or experienced fund manager, that would provide seed and early-stage venture capital to Delaware-based companies. Ultimately, small businesses applying for this money through the fund manager will most likely be STEM-based companies.




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