State Financial Assistance Programs Supporting Small Businesses

Updated October 2011

Many states administer small businesses financing programs. These programs offer a range of services including loan participation programs which provide long-term financing for new or existing projects. Some programs offer grants, tax credits, and technical assistance to small businesses as well. Below are links to these programs by state.

NCSL Contacts:

  • Qiana Flores, Policy Associate, NCSL Denver - 303-364-7700


NCSL Resources: 

 


 

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STATES
STATE FINANICAL ASSISTANCE PROGRAMS SUPPORTING SMALL BUSINESSES
Alaska
Alaska Industrial Development and Export Authority: Loan Participation Program
Arizona
Arizona Innovation Accelerator Program
Arkansas
Arkansas Economic Development Commission: Financing
California
Loans and Financial Assistance
Colorado
Office of Economic Development and International Trade Business Finance Programs 
Connecticut
Department of Economic and Community Development: Financing
Delaware
Economic Development Office: Business Financing Programs
Florida
Enterprise Florida, Inc
Hawaii
Department of Business, Economic Development & Tourism: Financing Programs
Illinois
Illinois.gov: Illinois Finance Authority
Kentucky
Kentucky Business Incentives and Financial Programs
Louisiana
Louisiana Economic Development: Incentive and Programs
Maryland
Department of Business and Economic Development: Access to Capitol Programs and Grants
Massachusetts
MassDevelopment: Financing
Michigan
Michigan Economic Development Corporation: Funding/Incentives
Minnesota
Minnesota Department of Employment and Economic Development: JOBZ and Business Finance Office
Mississippi
Mississippi Development Authority: Existing Industry and Business Division
Montana
Montana Department of Commerce: Finance Information Center
Nebraska
Department of Economic Development: Financing
New Hampshire
New Hampshire Business Resource Center: Business Assistance Programs
New Jersey
New Jersey Economic Development Authority: Financing & Incentives - Small-Mid Sized Business
New Mexico
Economic Development Department: Financial Development Team
New York
Division for Small Business: Business Financing
North Carolina
Department of Commerce Finance Center: Incentives
North Dakota
Economic Development and Finance: Business Support
Ohio
Ohio.Gov: Financial Assistance and Incentives
Oklahoma
Department of Commerce: Business Funding Resources
Oregon
Business Oregon: Oregon Finance Programs
Pennsylvania
Department of Community and Economic Development: Funding & Program Finder
Rhode Island
Rhode Island Economic Development Corporation: Financing
South Carolina
Department of Commerce: Financial Services
South Dakota
Governor's Office of Economic Development: Financing/Incentives
Tennessee
Small and Minority-Owned Business Assistance Program
Texas
Office of the Governor Rick Perry: Incentives
Utah
Utah Fund of Funds
Vermont
Department of Economic Development: Funding
Virginia
Virginia Small Business Financing Authority
Washington
Department of Commerce: Financing Tools
Wyoming
Wyoming Business Council: Financial Resources Guide

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