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Money

North Carolina has received $15.2 million in its second round of funding from the U.S. Department of Treasury State Small Business Credit Initiative, according to a news release issued by Gov. Beverly Perdue’s office. The initiative makes capital available for small businesses throughout North Carolina.

The SSBCI program, a component of the Small Business Jobs Act that President Barack Obama signed into law in 2010, funds the North Carolina Capital Access Program, the North Carolina Loan Participation Program and the North Carolina Fund of Funds Program.

To read the full, original article click on this link: N.C. gets $15.2M to spur small-business lending - Greensboro - The Business Journal