California IBank – California Globe

Gov. Newsom Announces CA Small Businesses To Receive $1.1 Billion in Federal Funding

September 21, 2022 4:30 pm

Governor Gavin Newsom announced Wednesday that California small businesses are to receive $1.1 billion from the United States Treasury’s State Small Business Credit Initiative (SSBCI), with the hope than an additional $18 billion can be obtained soon. According to the Governor’s...

California’s Infrastructure Bank

July 30, 2020 6:23 amJuly 30, 2020 6:28 am

In 1994, California created an Infrastructure Bank (IBank) in state government. It is found in the California Government Code Title 6.7, Division 1, Chapter 1. The formal name of the IBank is The Bergeson-Peace Infrastructure and Economic Development Bank (Section...