OpenFlorida programOpen to for-profit businesses

Florida State Small Business Credit Initiative (SSBCI)

FloridaCommerce & Florida Opportunity FundNo deadline listed$10,000 – $2,000,000

Does this fit your business?

Best for
Florida-based for-profit small businesses with 500 or fewer employees, Businesses with active operations and a viable business plan, Technology, retail, finance, healthcare, manufacturing, energy, construction, and food businesses, Companies seeking working capital, expansion, equipment, hiring, or startup capital
Not for
Nonprofits and organizations without active for-profit operations, Businesses with more than 500 employees, Businesses outside Florida or without a viable business plan
Estimated fit by industry, best first
IndustryEstimated fit
Technology & SoftwareMatches your industry (technology, tech)
100
Strong Match
Retail & E-CommerceMatches your industry (small business, retail)
98
Strong Match
Finance & BankingMatches your industry (business)
97
Strong Match
ManufacturingMatches your industry (manufacturing)
94
Strong Match
Food & BeverageMatches your industry (food)
93
Strong Match
Construction & InfrastructureMatches your industry (construction)
92
Strong Match
Show all 15 industries
Estimated fit by industry, best first
IndustryEstimated fit
Healthcare & BiotechMatches your industry (health)
89
Strong Match
Energy & Clean TechMatches your industry (energy)
86
Strong Match
Agriculture & FarmingLimit: Nothing in this notice points to agriculture & farming
54
Possible Match
Housing & Real EstateLimit: Nothing in this notice points to housing & real estate
54
Possible Match
Transportation & LogisticsLimit: Nothing in this notice points to transportation & logistics
54
Possible Match
Arts & CultureLimit: This program does not accept nonprofit applicants.
0
Worth Exploring
Education & TrainingLimit: This program does not accept nonprofit applicants.
0
Worth Exploring
Environment & ConservationLimit: This program does not accept nonprofit applicants.
0
Worth Exploring
Social Services & NonprofitLimit: This program does not accept nonprofit applicants.
0
Worth Exploring

These are our matcher’s estimates for a typical business in each industry. A real match depends on your size, your state and what you need the money for — check your own fit.

What this funds

Money can be used for
Working capital, Expansion, Equipment, Hiring, Startup capital
Who can apply
Small businesses, For-profit companies
Award range
$10,000 – $2,000,000

Questions about this grant

How much funding can an applicant receive?
Awards range from $10,000 to $2,000,000. The exact amount depends on which of the five financing programs (Capital Access, Collateral Support, Loan Participation, Venture Capital, or Equity Investment) a business uses.
Who can apply for this grant?
Florida-based for-profit small businesses with 500 or fewer employees, active business operations, and a viable business plan. The program runs through five financing programs: Capital Access, Collateral Support, Loan Participation, Venture Capital, and Equity Investment.
Can a sole proprietor or single-member LLC apply?
The facts do not say. The program accepts small businesses and for-profit entities generally, but it does not publish rules specific to sole proprietors or single-member LLCs.
Can a nonprofit apply?
No. The program only accepts for-profit small business applicants, and our matching engine scores nonprofits at 0 because the program does not accept nonprofit applicants.

Summary

Florida SSBCI 2.0 provides capital to Florida-based small businesses (500 or fewer employees) with active operations and a viable business plan through five financing programs: Capital Access, Collateral Support, Loan Participation, Venture Capital, and Equity Investment. Funds support startup capital, expansion, equipment, and hiring.

About this grant

Florida's SSBCI 2.0 program provides businesses with capital through five financing programs: Capital Access Program, Collateral Support, Loan Participation, Venture Capital, and Equity Investment. Funded by the U.S. Treasury with $167 million allocated to Florida to increase access to critical funding for small businesses.

Who can apply

Florida-based business

500 employees or less

Active business operations

Viable business plan

Topics and uses of funds

Topics

  • Economic development
  • Small business
  • Finance

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