Private Capital Match

SSBCI fund participation must have private capital at risk. There is a minimum $1 match requirement.

The private capital match must be: an investment entity (Venture Capital Fund, Angel Fund, Family Office, Investment Partnership, or LLC), Venture Arm of a Large Corporation, an Organized Investment Syndicate, CDFI, or an Accredited Investor.

Funds raised from employees, friends, family, crowdfunding platforms, 401Ks, IRAs, infinite banking, other personal vehicles or other government funds are not acceptable private capital match.

The private capital raised must also occur within 90 days of the SSBCI investment and demonstrate that the SSBCI funds “cause and result in” 1:1 private financing.

DCEO is unable to invest in a business without a private capital match.  If you are an investor, please complete the Private Capital Investor form.