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.

 

 

Program Details	Enacting Legislation	Program Rules