Current Issue

Ohio small biz program reaps Treasury Dept. funds

Comments Email

WASHINGTON (April 18, 2014) — The U.S. Department of the Treasury has transferred nearly $18.2 million to Ohio to support the state’s three major small business lending programs.

The programs to be funded are Ohio’s Collateral Enhancement Program, Ohio Capital Access Program and Targeted Investment Program, according to Treasury. Ohio will use the funds to leverage greater levels of private lending and investing in small businesses located on Ohio, it said.

Treasury made the transfer of funds through its State Small Business Credit Initiative (SSBCI). President Barack Obama requested a $1.5 billion extension of SSBCI in his most recent budget request, according to the agency.

More Polls>

TB Reader Poll

Previous | Published June 15, 2017

Do you check your work email after business hours?

Yes, and I'm expected to
28% (43 votes)
Yes, but it's just to stay on top of work
54% (84 votes)
No, my bosses want me to disconnect
4% (6 votes)
No way
14% (22 votes)
Total votes: 155
More Polls »