On March 11, 2021, President Biden signed The American Rescue Plan Act, which provided $10 billion to fund the State Small Business Credit Initiative (SSBCI). SSBCI will fund state, territory, and Tribal government small business credit support and investment programs.
Program Details
Treasury will post guidance, forms, and other resources with information about the 2021 SSBCI program below as they become available.
Key deadlines
April 9, 2021 – Treasury published allocation amounts available to each state, territory, and Washington, DC.
May 10, 2021 – Notice of Intent to Apply (NOI) due for states, territories, and Washington, DC. NOI forms have been emailed to eligible applicants. Contact Treasury with questions. Note that the NOI form will be emailed separately to tribal governments with a due date of June 11, 2021
May 10, 2021 – Treasury will publish preliminary allocation amounts available to each Tribal government.
June 11, 2021 – Notice of Intent to Apply due for Tribal governments (form forthcoming).
December 11, 2021 – Applications due for states, territories, Washington, DC, and Tribal governments (application form forthcoming).
March 11, 2022 – Applications due for municipalities located in states that do not apply for SSBCI (application form forthcoming).
Archives
Documents and resources from the 2010 SSBCI Allocation which operated from 2011-2017 can be found below. Note that application materials, program requirements, and guidance will be revised for the 2021 round of SSBCI.
2011-2017 SSBCI Program Reports
Technical Assistance and Best Practices
Contact Us
Please direct questions to ssbci_information@treasury.gov