The Department of the Treasury Departmental Offices awarded a $3,848,992 Project Grant to the Tennessee Department of Economic and Community Development (TDECD) under the State Small Business Credit Initiative (SSBCI) Technical Assistance Grant Program (CFDA 21.031). This grant will enable TDECD to provide legal, accounting, and financial advisory services to very small and underserved small businesses in Tennessee. The goal is to assist these businesses in successfully applying for SSBCI capital programs or other federal and state-level small business support initiatives. While the specific subrecipient activities are not yet known, the grant funding will be used to deliver technical assistance that helps qualifying small businesses navigate complex application processes and access critical financial and development resources.
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