State Small Business Credit Initiative (SSBCI) Investing in America Small Business Opportunity Program (SSBCI Investing in America SBOP)
At a glance
State Small Business Credit Initiative (SSBCI) Investing in America Small Business Opportunity Program (SSBCI Investing in America SBOP) is a closed federal grant opportunity from the Office of Capital Access (Department of the Treasury). The application deadline was June 3, 2024. Individual awards are listed as $5M – $10M, with $75M in total estimated funding. Applicant types listed as eligible include others (see notice). Cost sharing is not required. It is funded under Assistance Listing 21.034 (State Small Business Credit Initiative Competitive Technical Assistance Program).
Summary assembled from the official notice's fields. The official notice governs.
Key facts
- Oct 25, 2023Posted
- Jun 3, 2024Application deadline
- Posted
- Oct 25, 2023
- Close date
- Jun 3, 2024
- Award floor
- $5,000,000
- Award ceiling
- $10,000,000
- Est. total funding
- $75,000,000
- Expected awards
- Not specified
- Cost sharing
- Not required
- Funding instrument
- Grant
- Opportunity category
- Discretionary
Who can apply
- Others (see notice)
Additional information on eligibility (from the notice)
Any state, territory, the District of Columbia, or Tribal government (each a “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. Groups of Tribal governments may apply jointly (i.e., in consortia). For additional requirements applicable to joint Tribal applications, please see TA Grant Program FAQ #3 “Can a Tribal affiliated entity or non-Tribal entity apply for a TA grant, sign a TA Grant Agreement, and implement the grant on behalf of a group of Tribal governments” under Section III. Eligible Recipients, Beneficiaries, and TA Providers at https://home.treasury.gov/system/files/136/SSBCI-FAQs.pdf, which will apply to applications and grants under this NOFO. States, territories, and the District of Columbia may not apply jointly, but an application from these applicants or from Tribal governments will receive more points if the TA program is designed to serve eligible small businesses on a regional basis as described in the NOFO.
A quick check against the listed applicant types — other requirements in the notice still apply.
Based on the published notice. Review the official notice for complete eligibility requirements.
What it funds
Official synopsis as published by the agency, formatted for readability.
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.
Assistance Listing
What is an ALN?Reported obligations under ALN 21.034
Historical data · not a predictionAgency contact (as published)
Brette Fishman Grantor
SSBCI_Information@treasury.gov
12029619762
Places named in the notice
Derived from the notice text. A place being named does not by itself restrict eligibility.
Quick answers
Who is eligible to apply for this opportunity?
The official notice lists these applicant types as eligible: Others (see notice). Additional restrictions may apply; review the full notice.
How much funding is available through this opportunity?
Per the notice, individual awards are listed as $5m – $10m and total estimated program funding is $75,000,000.
How do I apply for this opportunity?
Applications are submitted through the official source, not through GrantsJunction. Open the official notice on Grants.gov (opportunity SSBCI-TA-2023-001), and review the full announcement and application package. Organizations applying through Grants.gov generally need an active SAM.gov registration and a Grants.gov account, which can take several weeks to set up.
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