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State Small Business Credit Initiative Technical Assistance Grant Program

Department Of The Treasury, Departmental Offices

💰 Business Financing & Capital🏷️ State Governments🏷️ Tribal Governments🏷️ Technical Assistance🏷️ Outreach & Capacity Building

Section 3301 of the American Rescue Plan Act of 2021 (ARPA), Public Law No. 117-2 (March 11, 2021), reauthorized and amended the Small Business Jobs Act of 2010SSBCI statute, codified at 12 U.S.C. § 5701 et seq., to provide funding for (1) the SSBCI Capital Program and (2) technical assistance (TA) to support eligible small businesses applying for the SSBCI Capital Program and other federal or other jurisdiction programs that support small businesses. The SSBCI Formula TA Grant Program provides

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Helps very small businesses and those owned by disadvantaged individuals get legal and financial advice. This support is for businesses applying for federal funding or similar programs.

Quick Facts

Funding
$1 - $10
Deadline
Rolling
Status
Rolling Intake
Category
Business Financing & Capital
Organization
Department Of The Treasury, Departmental Offices

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What Is This Program?

The American Rescue Plan Act of 2021 (ARPA) permits Treasury to allocate funds for the State Small Business Credit Initiative (SSBCI) Technical Assistance (TA) Grant Program (Formula). The SSBCI Formula TA Grant Program provides financial assistance to eligible jurisdictions to carry out TA plans, under which eligible recipients will provide legal, accounting, and financial advisory services to very small businesses (VSBs) and business enterprises owned and controlled by socially and economically disadvantaged individuals (SEDI-owned businesses), either directly or contracted with legal, accounting, or financial advisory firms. The SSBCI Formula TA Grant Program is intended to assist VSBs and SEDI-owned businesses that are currently applying, preparing to apply for, or have previously applied for the SSBCI Capital Program or other Federal or jurisdiction program that supports small businesses.

What Benefits Are Offered?

loanfundingadvisorytraining

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💰What Expenses Are Eligible?

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How Do I Apply?

SSBCI_Information@treasury.gov
(202)622-2000

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FAQFrequently Asked Questions

Visit the program page for detailed eligibility requirements.

This program offers funding up to $10 (minimum $1).

This program accepts applications on a rolling basis.

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