NVBDC is proud to support the equitable implementation of the U.S. Department of the Treasury’s $10 billion State Small Business Credit Initiative (SSBCI).
Program Benefits
Funding Readiness – On-demand series of educational modules to help founders become aware of potential pitfalls that prevent the ability to get funded and provides an assessment and rating on
Funder Matchmaking – Access a wide-range of capital funders through our matchmaking sessions based on your business needs. Funders include mission-driven VCs, CDFIs, and Alternative Lenders
$200,000 Grant Fund – Selected certified suppliers from eligible states will have the opportunity to receive a $5,000 unrestricted grant to help grow their business.
Program Eligibility Requirements
Active Small Business Certification – Disabled Veteran Business Enterprise (DVBE), Veteran Owned Small Business (VOSB), Veteran Owned Business (VOB), Serviced Disabled Veteran Owned Business (SDVOB), Minority Business Enterprise (MBE), Women Business Enterprise (WBE), Disadvantaged Business Enterprise (DBE), or LGBTBE
- Business is headquartered in California, Georgia, Kansas, Illinois, Michigan, Minnesota, New York, North Carolina, Ohio, Tennessee, Texas, or Washington
- Business-to-business (B2B) and/or business-to-government (B2G model)
- Generating between $250,000 to $10 million in annual revenue
Take Advantage of Program Benefits
Timeline and Important Dates
- January 2024 | Full application is live.
- March 2024 | Application is closed.
- March 2024 | Certified Suppliers are connected with Lenders for Funder Matchmaking.
- March 2024 | Supporters begin the judging process.
- April 2024 | Grant semi-finalists are notified of their status.
- May 2024 | Virtual press event is held where grant finalists are announced.
- TBD | White House update event takes place.
