Financial and Accounting Advising and Training for Indiana's Small Businesses
Through a competitive process, the IEDC has chosen qualified TA providers to offer personalized support and group training to eligible Hoosier entrepreneurs and small businesses as they seek capital from the IEDC's SSBCI programs and other state or federal programs. The SSBCI TA Program provides up to 5 hours of free advising to Hoosier businesses, particularly focusing on socially and economically disadvantaged individuals and very small businesses with fewer than 10 employees. Services include assistance with financial documents, accounting practices, SSBCI program applications, financial management, and creating presentations for investors or loan applications.
Technical Assistance Providers
Click on each provider's profile to read more about their unique service offerings and determine which provider is the best fit for your business' needs.
More Information
Programing for this opportunity is provided from monies awarded to the State of Indiana from the U.S. Department of the Treasury (Treasury) under The American Rescue Plan Act (ARPA), which reauthorized the SSBCI and the TA Grant Program. This SSBCI TA program provides funding to assist small, SEDI-owned businesses and entrepreneurs and VSBs in accessing capital needed to invest in job-creating opportunities as the country emerges from the pandemic. The SSBCI TA Program shall prioritize services that meet the IEDC’s goals of increasing awareness and readiness to apply for capital, the successful acquisition of capital and support throughout the length of the loan, increased financial and business management skills, and geographic coverage across the state.
The services provided through this program will be audited by the Treasury and therefore are subject to the reporting and operational requirements of the Treasury and the IEDC. Users of the program will be required to submit contact information, demographic information, and evaluation reports to the IEDC.
Frequently Asked Questions
Indiana's State Small Business Credit Initiative (SSBCI) Technical Assistance (TA) program is on a mission to empower Hoosier entrepreneurs, startups, and small businesses. As the Indiana Economic Development (IEDC) deploys $99 million throughout the state, we want to ensure businesses are prepared to apply for capital programs and manage the capital they receive. Our goal is to provide access to capital and create ecosystems of opportunity, while promoting economic equity across the state.
To receive services from the program, each small business or entrepreneur will need to complete an intake form to provide the IEDC and TA providers information regarding the business, point of contact, capital needs, and services requested. This information will not be shared publicly without the explicit permission of the business owner and/or point of contact. All information submitted will be shared with the Treasury.
The TA service provider will do an assessment of the needs of your business to ensure they align with the services they offer. If you have selected one-on-one advising, the TA provider will work with you to develop a scope based on the intake form you have provided, and the capital advising needs of your business.
You will work directly with a TA provider to complete the deliverables as outlined in the scope of work or as outlined in the training summary.
You will receive report requests and evaluations of the services provided to you. Your response to these requests helps the IEDC continue to offer services, provide required reporting to the Treasury, and improve the program.