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Find similar grantsTennessee SSBCI Programs is sponsored by Tennessee Department of Economic and Community Development (TNECD). Offers funding to small businesses in Tennessee through the State Small Business Credit Initiative (SSBCI), supporting various business needs.
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Fund Tennessee connects business owners and entrepreneurs with the right resources at the right time. Fund Tennessee supports and expands an inclusive continuum of access to capital for small businesses and entrepreneurs throughout Tennessee. The U.S. Department of Treasury (Treasury) is administering a second installment of the State Small Business Credit Initiative (SSBCI) as part of the American Jobs Plan.
SSBCI 1. 0 was passed in 2010 and ran from 2011 to 2017. For SSBCI 2.
0, Treasury has allocated $10 billion to provide funding for (1) small business financing, and (2) technical assistance to help small and diverse businesses become capital ready. Tennessee's SSBCI program, called Fund Tennessee, is comprised of InvestTN, the equity component, LendTN, the debt program, and AssistTN, encompasses the technical assistance component.
Fund Tennessee launched in mid-2023 is currently deploying dollars and technical assistance throughout the state. To learn more about Fund Tennessee visit the website here .
Based on 2020 unemployment figures Could be before or after loan or equity infusion, general assistance; to be allocated as a separate grant Microenterprises (Very Small Businesses) Businesses with fewer than 10 employees Socially and Economically Disadvantaged Businesses (SEDI) Tennessee does not have any tribal governments Find a full list of allocations here .
Current status: Deploying funds statewide Fund Tennessee Tennessee's application was submitted February 11, 2022 and final approval was announced by Treasury on February 27, 2023. For updates on this and other programs, sign-up for the TNECD newsletter .
LendTN — The right infusion of funds at the right time Current lenders are posted on the Fund Tennessee website The Intent to Participate submission period for non-depository CDFIs and MDIs was open April 1 to April 30, 2025. An online Q&A session for potential eligible lenders was held April 22 at 3p CT / 4p ET.
InvestTN — Equity investments into Tennessee-located startups Visit the Fund Tennessee website to learn about accessing equity investments through the Regional Seed or Growth Funds. AssistTN — Resources to get businesses capital-ready The Tennessee Small Business Development Center (TSBDC) is the designated Technical Assistance (TA) partner for the SSBCI Capital Access Program.
The Tri-Star Angel Program, or TAP, is an angel capital training program for Tennessee’s potential investors and businesses to prepare to receive angel capital. TAP launched in fall 2024.
If you are a future, new, or existing small or underutilized business owner or entrepreneur looking for more resources, visit the BERO website and/or TN SmartStart to get your personalized list of resources, build your own business model canvas, or locate resources near you. Email: ecd. SSBCI2.
0@tn. gov
According to the current listing, eligibility includes: Small businesses located in Tennessee. Confirm the full requirements in the official notice before applying.
The current listing shows up to $200,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Tennessee SSBCI Programs is funded by Tennessee Department of Economic and Community Development (TNECD). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Tennessee. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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