# State Small Business Credit Initiative Competitive Technical Assistance Program (21.034)

Source: https://welltoldgrants.com/programs/21-034-state-small-business-credit-initiative-competitive/  
Publisher: Well Told Grants. Data: USAspending.gov and Grants.gov, updated October 31, 2026.

State Small Business Credit Initiative Competitive Technical Assistance Program is run by Department of the Treasury. From fiscal 2021 to 2025 it awarded $75.0 million in 14 grants, about $5.4 million per award.

## Objectives

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.

## Funding by fiscal year

| Year | Amount | Awards |
|---|---|---|
| 2021 | $0 | 0 |
| 2022 | $0 | 0 |
| 2023 | $0 | 0 |
| 2024 | $75.0 million | 14 |
| 2025 | $0 | 0 |

## Largest recipients

| Recipient | State | Amount |
|---|---|---|
| Executive Office of the State of California | California | $10.0 million |
| Maryland Technology Development Corporation | Maryland | $10.0 million |
| New York State Urban Development Corporation | New York | $9.4 million |
| Michigan Strategic Fund | Michigan | $9.1 million |
| Arizona Commerce Authority | Arizona | $7.9 million |
| Louisiana Department of Economic Development | Louisiana | $5.4 million |
| Mississippi Development Authority | Mississippi | $4.8 million |
| Oklahoma Office of Management and Enterprise Services | Oklahoma | $4.2 million |
| Nevada Governor's Office of Economic Development | Nevada | $4.2 million |
| State of Kansas Department of Commerce | Kansas | $2.6 million |
| Cherokee Nation | Oklahoma | $2.0 million |
| Chickasaw Nation | Oklahoma | $2.0 million |
| Hawaii Technology Development Corp | Hawaii | $1.6 million |
| Rhode Island Commerce Corp | Rhode Island | $1.6 million |