Small Business Credit Initiative Business Venture Direct Program Service

Overview

Financial, Legal, HR & Staffing

Salem, Oregon, United States; Allentown, Pennsylvania, United States; Fogelsville, Pennsylvania, United StatesPosted 13 days agoDeadline: December 31st, 2031

Fit Score

Settle Intelligence

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SUMMARY

Seeking a partner to support the organizational, legal, and operational needs of Oregon's SSBCI Business Venture Direct Program, including investment management and investor relations, over a ten-year contract.

KEY REQUIREMENTS

Must be a registered vendor in OregonBuys
Must be a venture capital fund manager with experience investing in Oregon startups
Must have a physical presence in Oregon
Must have an authorized representative sign the proposal
Must provide a Pay Equity Compliance Certificate if employing 50 or more full-time workers and contract price exceeds $500,000
Must have a written policy and practice of preventing sexual harassment, sexual assault, and discrimination against employees who are members of a protected class
Must not be included on the Specially Designated Nationals and Blocked Persons list or government-wide exclusions lists in the System for Award Management

BUDGET

Verified

$5,000,000 – $10,000,000

CONTRACT DURATION

120 months

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.

Issuing Agency

Oregon Business Development Department

Organization overview and procurement intelligence available on paid plans.

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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.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.