- Program Principle
- Participation Information
- Other Program Information
The Small and Minority-Owned Business Assistance Program provides a statewide platform that fosters the growth and development of small and minority-owned businesses in Tennessee. The Program places emphasis on the preparatory stage of starting or expanding a business by ensuring that adequate planning and financing are taken into consideration.
Public Chapter 830 of the Acts of 2004 created within the Treasury Department the Small and Minority-Owned Business Assistance Program (SMOB). The Department has developed an assistance program for small and minority-owned businesses that includes loans and program services (such as technical assistance).
Thank you for your interest in the Small and Minority-Owned Business Assistance Program (SMOB).
Presently, the SMOB Program is experiencing an unprecedented demand for participation in the Program. With regard to financial assistance (i.e. loans), the requests received to date are three times greater than the amount of available funds. For this reason, we have suspended the processing of any new requests for financial assistance.
We remain committed to serving the needs of small and minority-owned businesses. If you are interested in being placed on a waiting list, please complete your "Request for Participation" and forward to the Program Administrator, as instructed in the "Initial Client Information" section.
We remain committed to serving the needs of small and minority-owned businesses. If you are interested in being placed on a waiting list, please complete your “Request for Participation” and forward to the Program Administrator, as instructed below. We will notify you if additional funds become available.
Click here or below to open the Particpation Request and Release Form and save to your computer desktop.
Once you have completed the Request Form, please e-mail to Treasury.SMOB@tn.gov, or Fax to SMOB Program Director at 615-253-2265, or U.S. mail to:
Jordan (Jaye) D. Chavis, III
Small and Minority-Owned Business Assistance Program
Tennessee Department of Treasury
Andrew Jackson Building, 9th Floor
Nashville, TN 37243-0210
Participation Request and Information Release Form - (PDF Version)
Participation Request and Information Release Form.doc - (Word Version)