Small Business Credit Initiative Business Venture Direct Program Service
Overview
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SUMMARY
KEY REQUIREMENTS
BUDGET
VerifiedCONTRACT DURATION
TIMELINE
April 24th, 2026: Date of Issue.
May 2026: Monthly review of proposals begins.
December 31st, 2031: RFQ remains active until this date or until funds are awarded.
CONTACTS
Primary procurement contact — name, title, email, and phone
Additional decision-makers and their departments
Issuing Agency
Oregon Business Development Department
DESCRIPTION
The government authority in Salem, Oregon is seeking a vendor to provide services for the Small Business Credit Initiative (SSBCI) Business Venture Direct Program. This initiative involves the reauthorization of SSBCI, aimed at delivering financial support to small businesses by distributing capital through Capital Access Programs (CAPs) and Other Credit Support Programs (OCSPs).
The selected vendor will be responsible for establishing the legal and organizational framework of the investment vehicle, including creating the investment committee, setting up the necessary legal entity structures, and instituting accounting and reporting processes that meet Treasury SSBCI guidelines. Additional duties include fostering relationships with prominent investors to attract co-investors, managing the process for evaluating and selecting investment candidates, and structuring and negotiating investment transactions in compliance with relevant legal and reporting requirements.
The contract period for these services is set for ten years.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due December 31, 2031.
- What is the budget for this RFP?
- The published budget is $5,000,000 – $10,000,000.
- Who issued this RFP?
- It was issued by Oregon Business Development Department. The work is located in Salem, Oregon, United States; Allentown, Pennsylvania, United States; Fogelsville, Pennsylvania, United States.
- Who is a good fit for this opportunity?
- Proven experience in managing state or federal business credit or investment initiatives
- Expertise in legal structuring, fund management, and investment compliance
- Strong relationships with a network of leading investors and co-investors
- Capability to implement robust accounting and reporting in line with Treasury guidelines
- Experience supporting public sector clients with multi-year initiatives
Analysis generated by Settle AI from the source RFP.
RFP Hunter shows what is open. Settle shows what is forming.
Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.