USBCI | Layton City Economic Development

Promising Loan Opportunities Available for Utah Small Businesses

Utah’s small business sector is set to benefit from a substantial financial boost, with an additional $23 million in U.S. Treasury funding secured through the State Small Business Credit Initiative (SSBCI). This latest infusion represents the second portion of Utah’s total $69 million allocation, highlighting the program’s effectiveness in boosting local entrepreneurship. Since signing its […]

Funding Assistance Offered: Utah Small Business Credit Initiative

Business Resources and Information, Economic Development, Economic News | American Rescue Plan Act, Limited equity, Low credit score, SBDC, U.S. Treasury's State Small Business Credit Initiative, USBCI, Utah Governor’s Office of Economic Opportunity, Utah's small businesses

The Utah Governor’s Office of Economic Opportunity administers the USBCI, a statewide program designed to provide capital and technical assistance to Utah’s small businesses. This initiative is funded by the U.S. Treasury’s State Small Business Credit Initiative, part of the 2021 American Rescue Plan Act. Program Goals: Expand Access to Capital: The USBCI aims to […]