Expectation. Participating States calculate their leveraging for purposes of demonstrating a 10 to 1 ratio across all of their Approved State Programs according to the following formula: Cumulative Private Leverage Ratio for all Approved State Programs = [Total Cumulative Private Financing Generated by all Approved State Programs]/[Total Cumulative SSBCI Funds Used by all Approved State Programs]
Appears in 3 contracts
Sources: State Small Business Credit Initiative Allocation Agreement, State Small Business Credit Initiative Allocation Agreement, Allocation Agreement