State Small Business Credit Initiative: Opportunities Exist to Enhance Performance Measurement and Evaluation

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By Daniel Garcia-Diaz (au)
Year: 2013
Pages: 50
Binding Paperback
ISBN 978-1-4578-5256-5

Product Code: 145785256X

Description

The Small Business Jobs Act of 2010 created the State Small Business Credit Initiative (SSBCI) within the Treasury Department (Treasury). The program provides direct funding to participants for programs that expand access to capital for small businesses. The act mandates that GAO conduct an annual audit of the program. GAOäó»s first two reports examined Treasuryäó»s implementation of SSBCI and its processes for monitoring compliance and procedures for evaluating and communicating program outcomes. This third report examines, among other things, the extent to which (1) participants have used their SSBCI allocations and faced challenges in using the funds; and (2) Treasury has used performance measures and program evaluation to manage SSBCI. Tables and figures. This is a print on demand report.

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