Kansas is in line to receive as much as $69 million in additional federal support for small business development and entrepreneurship through a U.S. Treasury Department program used to support companies through the pandemic. The American Rescue Plan expanded the State Small Business Credit Initiative, or SSBCI, established in 2010 to assist businesses following the Great Recession from 2007 to 2009. The goal is to improve access to capital in rural and other traditionally underserved communities.
Source: Kansas Reflector
