State Small Business Credit Initiative Competitive Technical Assistance Program
Program Funding
Annual program obligations reported to SAM.gov.
Funded Projects
Examples of what this program has supported.
Program Objective
Through the State Small Business Credit Initiative (SSBCI) Investing in America Small Business Opportunity Program (SSBCI Investing in America SBOP), Treasury anticipates awarding $75 million for competitive grants to states, the District of Columbia, territories, and Tribal governments (each a “jurisdiction”) that propose innovative and high-impact models for delivering technical assistance (TA) in the areas of legal, accounting, and financial advisory services to very small businesses (VSBs) and businesses owned and controlled by socially and economically disadvantaged individuals (SEDI-owned businesses), as those terms are defined in SSBCI guidance.
All awards are subject to the availability of appropriated funds and any modifications or additional requirements that may be imposed under applicable law.
Eligibility
Eligible Applicants
- U.S. State Government
- U.S. Territory Government
- Federally Recognized Tribal Government
SSBCI Competitive TA Grant Program funding is available for states, the District of Columbia, territories, and Tribal governments that submitted complete and timely applications for the SSBCI Capital Program.
Beneficiaries
- Small Business Person
Very small businesses and business enterprises owned and controlled by socially and economically disadvantaged individuals (SEDI-owned businesses). Profit organization, Other private institution/organization, Small business, Private nonprofit institution/organization
How to Apply
Award Procedure
Not Applicable. No new awards will be made in FY 2026.
Not Applicable. No new awards will be made in FY 2026.
Program details & compliance
Description
The SSBCI Investing in America SBOP provides financial assistance to eligible jurisdictions that propose innovative and high-impact models for delivering TA in the areas of legal, accounting, and financial advisory services to VSBs and SEDI-owned businesses applying for an SSBCI Capital Program and or other federal or other jurisdiction small business program.
The SSBCI Investing in America SBOP is related to and supports the SSBCI Capital Program and the formula-based awards issued under the SSBCI Formula TA Grant Program. The SSBCI Capital Program is a federal program administered by Treasury that provides funding to states, the District of Columbia, territories, and Tribal governments to expand access to capital for small businesses emerging from the pandemic, build ecosystems of opportunity and entrepreneurship, and create high-quality jobs. Pursuant to 12 U.S.C. § 5702 (c)(5), amounts transferred to participating jurisdictions under the SSBCI Capital Program are not considered assistance for purposes of subtitle V of title 31 of the United States Code. The SSBCI Formula TA Grant Program is a financial assistance program administered by Treasury that funds the provision of TA services in the areas of legal, accounting, and financial advisory services to eligible small businesses applying for SSBCI funding and other government small business programs.
Mission Categories
Primary: Small Business
Other categories:
Economic Development
Use of Funds
Allowed Uses
Business/Commerce, Economic Development. Grant funds provided to recipients under the SSBCI Formula TA Grant Program are intended to be used by eligible recipients to assist very small businesses (VSBs) and business enterprises owned and controlled by socially and economically disadvantaged individuals (SEDI-owned businesses) applying for the SSBCI Capital Program, or another Federal or other jurisdiction program that supports small businesses. Generally, the types of assistance will include Business/Commerce, Economic Development, and Training. Grant funds may not be used in a manner that is prohibited by the grant agreement, including in a manner that is prohibited by the SSBCI statute (12 U.S.C. § 5701 et seq.), Treasury’s SSBCI TA Grant Program guidance, including the SSBCI Formula TA Grant Program Guidelines and FAQs, and 2 CFR Part 200.
Required Documentation
Any jurisdiction that has been approved as a participating jurisdiction in the SSBCI Capital Program is eligible to apply. Jurisdictions that are not yet approved as participating jurisdictions in the SSBCI Capital Program, but that have submitted complete and timely SSBCI Capital Program applications (or are part of a joint Tribal government application), are also eligible to apply; however, to receive an SSBCI Investing in America SBOP award, a jurisdiction must be approved as a participating jurisdiction in the SSBCI Capital Program.
An applicant must submit a complete SSBCI Investing in America SBOP application to be considered for funding through Treasury’s Portal at https://portal.treasury.gov/cares/s/ssbci-home-page.
The SSBCI Investing in America SBOP NOFO is available on Grants.gov and on Treasury’s website at https://home.treasury.gov/system/files/136/Competitive-TA-NOFO.pdf. The components of the SSBCI Investing in America SBOP application are summarized in the “Application Procedures” section below.
2 CFR 200, Subpart E - Cost Principles applies to this program.
Reporting & Compliance
Applicable 2 CFR 200 Subparts
- Subpart B — General Provisions
- Subpart C — Pre-Federal Award Requirements
- Subpart D — Post-Federal Award Requirements
- Subpart E — Cost Principles
- Subpart F — Audit Requirements