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State Small Business Credit Initiative Competitive Technical Assistance Program

Program Information

Popular name

SSBCI Investing in America Small Business Opportunity Program, SSBCI Investing in America SBOP

Program Number

21.034

Program objective

Through the State Small Business Credit Initiative (SSBCI) Investing in America Small Business Opportunity Program (SSBCI Investing in America SBOP), Treasury anticipates awarding $75 million for competitive grants to states, the District of Columbia, territories, and Tribal governments (each a “jurisdiction”) that propose innovative and high-impact models for delivering technical assistance (TA) in the areas of legal, accounting, and financial advisory services to very small businesses (VSBs) and businesses owned and controlled by socially and economically disadvantaged individuals (SEDI-owned businesses), as those terms are defined in SSBCI guidance. All awards are subject to the availability of appropriated funds and any modifications or additional requirements that may be imposed under applicable law.

Program expenditures, by FY (2023 - 2025)

This chart shows obligations for the program by fiscal year. All data for this chart was provided by the administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.

For more information on each of these data sources, please see the About the data page.

Additional program information

Single Audit Applies (2 CFR Part 200 Subpart F):

For additional information on single audit requirements for this program, review the current Compliance Supplement.

OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.

Please see information on the following website: https://home.treasury.gov/policy-issues/small-business-programs/state-small-business-credit-initiative-ssbci

Program details

Program types

Eligible beneficiaries

  • Other private institution/organization
  • Private nonprofit institution/organization
  • Profit organization
  • Small business

Additional resources