Capital Access Programs News Today

The American Rescue Plan Act of 2021 provided $200 million for federally allocated TA funding. As part of that allocation, the U.S. Treasury awarded just over $5 million to the State of Michigan for the implementation of the SSBCI Technical Assistance Grant Program.  

State Small Business Credit Initiative SSBCI provides federal funding to Tribes to distribute in a variety of programs that support the credit and capital needs of Native-owned small businesses and entrepreneurs.