The state of Oregon applied for federal funds to bolster existing small business financing programs, as well as create new programs to provide and support access to capital for new and growing Oregon businesses. The U.S. Treasury announced in August 2022 that Oregon’s application was approved, and the State Small Business Credit Initiative (SSBCI) will steer $83.5 million into Oregon.
Business Oregon has issued a Request for Grant Applications (RFGA) to eligible organizations that provide legal, financial, and accounting technical assistance to businesses owned by socially and economically disadvantaged individuals (SEDI) and very small businesses (VSB) seeking to secure funding from the agency’s State Small Business Credit Initiative (SSBCI) programs. Approximately $2,200,000 in grant funding will be available for technical assistance grants through the SSBCI technical assistance program.
An information session will be held Tuesday, August 29, 2023, at 2pm. Register here
© 1987-2024 SOREDI 100 E Main Street, Suite A • PO Box 4672 • Medford, OR 97501 • Phone: (541) 773-8946