business_and_commerce · USDOT-ORP
State Small Business Credit Initiative (SSBCI) Investing in America Small Business Opportunity Program (SSBCI Investing in America SBOP)
Office of Capital Access · SSBCI-TA-2023-001
Award Range
$5.0M – $10.0M
Total Program Funding
$75.0M
Deadline
June 3, 2024
GRANTQUICK SUMMARYPlain-English Overview
State Small Business Credit Initiative (SSBCI) Investing in America Small Business Opportunity Program (SSBCI Investing in America SBOP). Office of Capital Access . The U.S. Department of the Treasury (Treasury) is pleased to announce that it is seeking applications from eligible applicants for grant funding under the new SSBCI Investing in America SBOP that propose innovative and high-impact models for delivering technical assistance (TA) in the areas of... $5,000,000-$10,000,000 per award; $75,000,000 total program funding.
Who Should Apply
Other eligible entities
Who Should NOT Apply
Individuals and organizations outside the specified eligible types
Key Requirements (Plain English)
- •Any state, territory, the District of Columbia, or Tribal government (each a “jurisdiction”) that has been approved as a participating jurisdiction...
- •Deadline: 2024-06-03
💡 GrantQuick Tip
Focus your proposal on clear outcomes, alignment with agency priorities, and demonstrate organizational capacity.
Competitiveness: Moderate to high — federal grants are always competitive
What This Grant Funds
The U.S. Department of the Treasury (Treasury) is pleased to announce that it is seeking applications from eligible applicants for grant funding under the new SSBCI Investing in America SBOP 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).
The SSBCI Investing in America SBOP is related to and supports the SSBCI Capital Program and the allocation formula-based SSBCI 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. The formula SSBCI TA Grant Program is also a federal 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.
All awards are subject to the availability of appropriated funds and any modifications or additional requirements that may be imposed under applicable law.
Who Can Apply
Eligible Applicant Types
Funding Details
- Minimum Award
- $5.0M
- Maximum Award
- $10.0M
- Total Program Funding
- $75.0M
- Cost Sharing Required?
- No
- Funding Instrument
- grant
Key Dates
SSBCI Investing in America SBOP applications are due by 11:59 pm on June 3, 2024.
Agency Contact
U.S. Department of the Treasury Attn: State Small Business Credit Initiative
SSBCI_Information@treasury.govReady to apply?
View the full NOFO and submit your application on Grants.gov