Small Business Development Corporation of Orange County on Sept. 21 received re-certification approval for the fiscal year 2022-23 of its standing as a COIN Community Development Financial Institution, or CDFI. COIN stands for California Organized Investment Network which operates within the California Department of Insurance. The certification allows the nonprofit corporation to accept investments from insurance companies, institutions, and private investors and in exchange, issue tax credits of up to 20%. The investments in turn will allow SBDC-OC to further its mission of assisting underserved small businesses and their communities with financial products and services unobtainable to them through the economic mainstream. SBDC-OC was first COIN certified during FY 2016-17, providing an additional tool over the years that allows it to continue its important work of transforming lives and strengthening California’s economy.