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 awarded a $2,045,000 Project Grant under the State Small Business Credit Initiative (SSBCI) Investing in America Small Business Opportunity Program (CFDA 21.034). The grant funds will be used to provide technical assistance, including legal, accounting, and financial advisory services, to very small and underserved small businesses applying for SSBCI capital programs or other federal and state small business support initiatives. The goal is to enhance small business access to capital, support entrepreneurship, and facilitate job creation, with a focus on businesses emerging from the COVID-19 pandemic. The grant was awarded on August 30, 2024 to the Cherokee Nation, a federally recognized tribal government in Oklahoma that has extensive experience delivering federal grants and contracts across a range of sectors.

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.