State Small Business Credit Initiative (SSBCI) Business Oregon Venture Direct Program

The contract pertains to the State Small Business Credit Initiative (SSBCI) under the American Rescue Plan Act of 2021, which aims to provide continued financial support to small businesses. Business Oregon is seeking proposals to utilize SSBCI funds by establishing a direct venture capital program named the Business Oregon Venture Direct Program. This effort is focused on partnering with entities that can act as co-investment partners, enabling Oregon to deploy venture capital funding effectively to support small business growth within the state. The solicitation is issued by the Economic Development Division of Oregon and is based in Salem, Oregon. The posting date for this solicitation is April 25, 2026, with a response deadline set for January 1, 2032, indicating a long-term opportunity for collaboration. Interested parties can contact Alexis Kackley as the primary point of contact for more information and proposal submission details. This initiative underscores Oregon’s commitment to leveraging federal funds to foster economic development and support entrepreneurship through strategic venture capital investments.