Recipients of the state small business credit initiative investing in america small business opportunity grant program (ssbci sbop grant program), which may include states, the district of columbia,…

The U.S. Department of the Treasury, through the State Small Business Credit Initiative (SSBCI) Investing in America Small Business Opportunity Program (CFDA 21.034), awarded a $9,999,166 Project Grant to the Executive Office of the State of California, doing business as the Governor's Office of Business and Economic Development (GO-Biz). The grant will fund the provision of technical assistance, including legal, accounting, and financial advisory services, to qualifying very small and underserved small businesses in California. The goal is to support these businesses in successfully applying for SSBCI capital programs or other federal and state small business support initiatives. This grant is part of a broader $75 million federal initiative to expand access to capital and create entrepreneurial opportunities for small businesses, with a focus on serving socially and economically disadvantaged firms.

Intended beneficiaries

Qualifying very small and underserved small businesses as described in the ssbci sbop grant program guidelines.

Subrecipient activities

Subrecipient activities are not known at this time.