Washington, D.C. – Today, the Biden-Harris Administration is announcing approval of the first 15 Tribal State Small Business Credit Initiative (SSBCI) awards for tribal governments funded by the American Rescue Plan, providing $73 million to 39 Tribal Governments to support Tribal enterprises and small business owners, as part of President Biden’s Investing in America agenda.

For the first time ever, President Biden’s American Rescue Plan (ARP) included more than $500 million in SSBCI support that has been set aside for, and applied for, by Tribal Governments.

Click here to view the State Small Business Credit Initiative Tribal awards.