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Small business owners could be eligible for money through federal initiative
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Small business owners could be eligible for money through federal initiative

BATON ROUGE, La. (WAFB) - Small business owners could see some money start to head their way thanks to federal dollars from the American Rescue Plan.The money is going to come from the State Small Business Credit Initiative (SSBCI) which was refunded after President Joe Biden signed the American Rescue Plan back in 2021. Small businesses make up a large chunk of the businesses here in Louisiana, more than 90% in fact. And over 50% of people work for one of them. While on a call with the White House on Tuesday, Dec. 6, Gov. John Bel Edwards explained how Louisiana will be getting $113 million out of the $10 billion allocated across the country.“That is a tremendous boost to economic resilience and diversification and those are two things that we are super focused on here in Louisiana. In...