On September 21, 2022, the U.S. Department of the Treasury issued this updated FAQ documents for the State Small Business Credit Initiative (SSBCI).

Business Oregon is offering several free webinars about the State Small Business Credit Initiative (SSBCI) program in September. See Business Oregon's website for descriptions of the webinar content, registration information, and additional details...

Maryland Governor Larry Hogan announced Maryland programs funded by the State Small Business Credit Initiative are open. Up to $198M in federal small business relief is being administered by the Maryland Department of Housing and Community...

The U.S. Department of Treasury announced approval of state plans for Colorado, Oregon, New York, and Montana under the State Small Business Credit Initiative for up to $750M in funds to expand access to capital for small businesses. 

“We’re grateful for the opportunity to invest in a diverse set of entrepreneurs and businesses in our most promising industries throughout the state. We know that an innovative economy provides higher wages and more business resilience in times of...

The comprehensive legislation would end federal cannabis prohibition by removing cannabis from the Controlled Substances Act; empower states to create their own cannabis laws; ensure federal regulation protects public health and safety; and...

This FOA supports the administration goals laid out above by supporting the development of workforce programs and partnerships that will facilitate the continued deployment of solar energy technologies, while supporting an inclusive workforce with...

This request for information (RFI) is intended to inform the U.S. Department of Energy (DOE) Solar Energy Technologies Office (SETO), in partnership with the U.S. Department of Health and Human Services (HHS), on the development of a new platform to...

This document outlines the U.S. Department of the Treasury's State Small Business Credit Initiative (SSBCI) Frequently Asked Questions which were updated on July 25, 2022.

Regenerative farms rely on small-to-mid scale, aligned infrastructure to process, transport, and market their products. These middle infrastructure businesses help to improve farm income and bolster regional food economies while providing...

The Kansas City region (Metro KC) has a rich set of support resources for its entrepreneurial community. However, the region still has ample room to develop in terms of connecting entrepreneurs to the capital and support they need to launch and grow...

The U.S. Department of Treasury announced an additional group of nine state plans approved under the State Small Business Credit Initiative (SSBCI). Treasury has approved more than $1.5 billion in funding to promote small business growth through...

This program is specifically designed to boost ownership among individuals disproportionately impacted by marijuana prohibition and enforcement. Funded by $500,000 of the city's cannabis sales tax revenues, the program seeks to train and elevate...

The urgency and importance of congressional attention cannot be overstated. America’s global economic standing is under threat as digital disruption, the race for talent, and widening inequality both within and across regions challenge the nation’s...

This document outlines the U.S. Department of the Treasury's State Small Business Credit Initiative (SSBCI) Frequently Asked Questions which were updated on June 22, 2022. Some of the questions answered in this document include the upcoming SSBCI...

The Franklin Templeton Institute, a global investment management organization, released its latest insights paper, “Food innovation: Investing to feed our future,” focusing on the innovation and investments needed to feed a growing global population...

Subsidizing business investment in distressed neighborhoods, by itself, is a subsidy for gentrification, not a way to get residents into good jobs. What neighborhood residents need is help in accessing jobs throughout the local economy, inside and...

U.S. Department of Agriculture (USDA) Rural Development and U.S. Economic Development Administration (EDA) launched a joint resource guide to help community organizations access USDA and EDA resources to build strategies to boost economic...

This table presents the SSBCI programs that States, the District of Columbia, and territories have proposed to Treasury. Treasury is currently reviewing applications and all data presented is subject to change.

The questions in this document were asked by participants during CDFA’s May 26, 2022 SSBCI Briefing on the Technical Assistance Grant Program Guidelines.

Widening geographic inequality in the United States has shifted federal policymakers' attention to investing in "places" as well as "people." Given the large proportion of rural places in the Appalachian Regional Commission, Delta Regional...

The Global Alliance for the Future of Food and Transformational Investing in Food Systems Initiative (TIFS) released a comprehensive new report that gives investors a roadmap of creative finance strategies that support entrepreneurs, farmers,...

The BEST competitive grant program provides money for construction of new schools as well as general construction and renovation of existing school facilities. Marijuana tax revenue is one of four funding sources for the Capital Construction...

CDFA's analysis of the TA Grant Program Guidelines highlights key provisions and is not comprehensive of all program requirements. View Treasury’s dedicated SSBCI webpage and CDFA’s SSBCI Resource Center for additional program information, updates,...

The U.S. Department of the Treasury is extending the deadline for States, the District of Columbia, and territories to submit their SSBCI Technical Assistance (TA) Grant Program applications to September 1, 2022, at 11:59 p.m. EST. Treasury...

The U.S. Department of the Treasury announced the first group of plans approved under the new round of the State Small Business Credit Initiative (SSBCI). The American Rescue Plan reauthorized and expanded SSBCI, which was originally established in...

This white paper examines: CMB Basics, CMBs in a theoretical historical context, a theoretical example of CMBs in Colorado, a second example of how CMBs could work in Minnesota, CMB legal considerations, CMBs and COVID-19, best markets for CMBs, and...

DCEO established the Social Equity Cannabis Loan Program for the purposes of providing financial assistance to social equity licensees to assist with the expenses of starting and operating a cannabis business establishment.

Launched in 2016, SEED Initiatives is supported by an ongoing $1 million in cannabis tax revenue allocation and is a vehicle for single-source monitoring, measuring, and reporting on the city’s cannabis tax revenue. The SEED Grant Fund supports...

The mission of the CalCRG program is to advance health, wellness, and economic justice for populations and communities harmed by the WoD. Local Health Departments and Community-based Nonprofit Organizations may apply for grants from the CalCRG...

This Capital Program Reporting Guidance details the reporting and document retention requirements for jurisdictions that receive SSBCI funding. Treasury will create an online portal that participating jurisdictions must use to submit reporting data....

This white paper from SPARK discusses how digital has changed the career landscape in banking and SBA lending.

Co-sponsored by the Center for Innovative Food Technology and JobsOhio, “Ohio’s Food Industry,” a series of four new white papers highlight that Ohio has been a leader in research and innovation in the food industry, which is a primary economic...

A critical review of the current and future realities of Ohio's food industry.

A report on the high value of Ohio's food and agribusiness industry as a key economic driver.

An informative report on the technologies transforming Ohio's food and agribusiness industry.

U.S. Senators Cory Booker (D-NJ) and Tim Scott (R-SC) and U.S. Representatives Ron Kind (D-WI) and Mike Kelly (R-PA) introduced a bipartisan, bicameral bill reforming Opportunity Zones, the tax incentive for individuals who reinvest unrealized...

Senators Booker and Scott and Representatives Kind and Kelly, along with Senators Warner, Young, and Van Hollen, and Representatives Sewell, Walorski, and Kildee, propose a series of improvements to the Opportunity Zones policy to further their...

This resource offers a section-by-section summary of the bipartisan, bicameral bill to reform opportunity zones introduced by Senators Booker, Scott, and Kelly. This legislation would reinstating and expanding the reporting requirements, ending...

The Council of Development Finance Agencies (CDFA) and the national State Small Business Credit Initiative (SSBCI) Coalition call on the U.S. Department of the Treasury to fully implement the SSBCI program, and immediately deploy capital to Eligible...

More than two dozen advocates for low-income housing and community investment are sounding the alarm over the global tax deal agreed to by the U.S. and dozens of other countries. The advocates specifically are worried about proposed rules for a...

The U.S. Department of Agriculture (USDA) is partnering with farmer-serving organizations, such as the National Sustainable Agriculture Coalition, and its members to better reach and serve an increasingly diverse farmer and rancher constituency for...

CDFA and guest speakers from The Choctaw Nation and gener8tor held this webinar on March 11, 2022 for a discussion on how Tribal Governments can utilize the State Small Business Credit Initiative (SSBCI) program. During this webinar, CDFA provided...

This table provides helpful information regarding the incentive funding related to business enterprises owned and controlled by socially and economically disadvantaged individuals (SEDI). The columns contain the initial eligible amounts of the SEDI...

The Secretary of the Treasury is issuing this interim final rule to institute the reporting requirements related to demographics of those who own or control small businesses that receive a loan, investment, other credit or equity support, or...

The U.S. Department of the Treasury launched a historic demographic information collection effort to measure equity outcomes for small businesses supported by the SSBCI program. The information collected by Treasury will support the program’s...

LISC partnered with Next City to develop a playbook for equitable small business recovery that is tailored to government audiences in different kinds of economic and regional contexts both urban and rural. Drawing on original research and diverse...