Skip to content

TN Small Businesses Approved for $116.9 Million Through Small Business Credit Incentive

TN Small Businesses Approved for $116.9 Million Through Small Business Credit Incentive

March 3, 2023

TN Small Businesses Approved for $116.9 Million Through Small Business Credit Incentive

The U.S. Department of Treasury has approved up to $116.9 million in funding under the State Small Business Credit Incentive to support small business growth in Tennessee. The Tennessee Department of Economic and Community Development will operate an initiative called Fund Tennessee, which is made up of a suite of programs from venture capital to loan programs and technical assistance. The department has allocated $46.9 million for the debt program that will work with participating Community Development Financial Institutions and Minority Depository Institutions to serve communities throughout the state. Click here to learn more.
Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

February 3, 2025
Vermont Capitol Update
In his budget address and other public comments, Governor Phil Scott called…
Read More
February 3, 2025
NY Capitol Update: 2025 Executive Budget Proposal
The state has estimated budget gaps of $6.5 billion in 2027, $9.8 billion i…
Read More
January 31, 2025
Gov. Stein Announces $30 Million Grant Program For Small Busine…
Impacted businesses lost $18 billion in revenue because of the hurricane.
Read More
January 29, 2025
TN Small Business Day Will Be Tuesday, Feb. 18
The event gives small business owns the opportunity to learn more about wha…
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility