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Receiving SSBCI funding would provide needed resources to small and early-stage businesses and to support scaling of existing businesses.
Source: https://www.alreporter.com/2023/03/03/innovate-alabama-board-holds-first-meeting-of-the-year/
The American Rescue Plan reauthorized and expanded SSBCI, which was originally established in 2010 to increase access to capital for small businesses and entrepreneurs.