Breaking SSBCI News

Yesterday 4/5, the U.S. Senate announced an agreement on the Bipartisan COVID Supplemental Appropriations Act, legislation that would rescind funding for the State Small Business Credit Initiative (SSBCI) as well as other programs to fund addition Covid-19 relief.

This proposed cut would remove about a quarter ($2.5 Billion) from the program’s funding, affecting both states’ and Tribal governments’ allocations. This significantly impacts the ability of Tribal governments and their Native CDFI partners ability to support small businesses.

As we seek further information on how this proposed change will affect funding and guidelines around usage of funds, we will share updates on our SSBCI webpage and encourage you to attend this Friday’s NCN webinar with U.S. Department of the Treasury. Consider calling your Congressional representatives to voice your concern about this legislation.

Upcoming informational session:

Friday, 4/8 at 11 am PST: Native CDFI Network Webinar with James Colombe from the U.S. Department of the Treasury. Click here to register.

What’s Happening This Week at ATNI-EDC (3/14)

Happy Pi Day! Here’s what’s happening the week of 3/14/22 at ATNI-EDC:

Tuesday 3/15: ATNI-EDC’s weekly SSBCI Info Session at 9am PST. Join the discussion on ATNI-EDC’s regional strategy for the program and ask your questions to Pilar Thomas, attorney at Quarles & Brady and legal expert. You can find more information here on the ATNI-EDC website. Email info@atniedc.com if you are interested in learning more or joining the calls.

Friday 3/18: Vibrant Tribal Economies Session 2: Indicators with Alyssa Camp at 12pm PST. Register here: https://tinyurl.com/2p874sna

Tomorrow Wednesday 3/2: Elements of Successful Salmon Marketing Webinar at 11am PST

Join a webinar this Wednesday, March 2 hosted by ATNI-EDC along with our friends at CRITFC and Northwest Cooperative Development Center for a lively panel discussion on marketing salmon. Our panel of experts will share tips and experiences from their fields, which range from processors to purchasers at restaurants and co-op grocers.

When: Wednesday, 3/2 at 11am PST

Register here: Click this link to register for the call

Email casey@atniedc.com if you have any questions. Thank you and we hope to see you there!