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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