- 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).
With regard to financial assistance (i.e. loans), we have suspended the processing of any new request due to an assessment of available funds.