Programs and Funding

  • As a part of the federal American Rescue Plan Act, the federal government passed the State Small Business Credit Initiative (SSBCI) bill to fund small business credit support and investment programs.
  • This program supports HUBZone-certified small businesses in designated areas of the State by providing them with preferential treatment in awarding federal contracts.
  • This grant and tax credit helps new businesses start in or move into rural, economically distressed areas and hire new employees.