NEW MEXICO ECONOMIC
DEVELOPMENT DEPARTMENT

EDD Launches SSBCI Investment Information Webpage

SANTA FE, N.M. – The Economic Development Department (EDD) has launched an informational page on its website to answer questions and receive public feedback about the U.S. Department of Treasury’s $74.4 million allocation to the State of New Mexico through the State Small Business Credit Initiative (SSBCI). New Mexico’s allocation will be deployed over the 10-year life of the program into two program types: Collateral Support and a Venture Capital (VC)/Equity program.

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