U.S. Department of the Treasury Announces Awardees Under Innovative $75 Million Small Business Grant Program

WASHINGTON – Today, the U.S. Department of the Treasury announced the full list of awardees receiving funding to support small business growth through the Biden-Harris Administration’s State Small Business Credit Initiative (SSBCI) Investing in America Small Business Opportunity Program (SBOP) following recent announcements of several initial awards. SBOP is a $75 million competitive grant program that provides funding to connect underserved and very small businesses to the financing necessary to participate in key Investing in America supply chains, including electric vehicle manufacturing, semiconductor manufacturing, construction, transportation, clean energy generation, and more.As part of the Biden-Harris Administration’s economic agenda, the SBOP was designed to catalyze additional private sector investment by supporting small business in getting the legal, accounting, and financial advisory services they need and helping them to secure SSBCI-supported financing or other state and federal program support.“By increasing access to capital and making historic investments in infrastructure, clean energy, and manufacturing, we have