Businesses
Government-funded
$500K
per applicant
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
Provides loan guarantees and direct loans to Rhode Island small businesses under the State Small Business Credit Initiative (SSBCI). Focuses on businesses in underserved markets and capital-constrained industries.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Business must be a for-profit entity in Rhode Island with 500 or fewer employees
2.Must demonstrate need for capital for growth or recovery
3.Loan guarantee program: bank retains loan, state guarantees 20–33%
4.Direct loan program available for highest-need businesses
5.Priority: minority-owned, women-owned, and rural businesses
CAEATFA · California
Full state and local sales and use tax exemption (7.25–10%) on equipment purchases for California manufacturers of solar, wind, batteries, EVs, fuel cells, and green building materials. Reduces equipment procurement costs with board pre-approval.
Utah OEO · Utah
30% state income tax credit on new employee wages for businesses creating 5+ jobs in rural Utah Economic Opportunity Zones. Meaningful incentive to locate outside Salt Lake's urban corridor, with a 5-year credit period.
GOED · Nevada
Sales tax abatements (up to 2%), property tax abatements, and Modified Business Tax credits for clean energy manufacturers locating or expanding in Nevada. Targets solar, wind, battery storage, and EV-related product manufacturers creating 10+ jobs.