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Virginia SBDC Funding Sources

In accordance with Consolidated Appropriations Act of 2023 (P.L. 117-328) Section 632 Title VI Division E

Small Business Development Center Program
  1. Federal Share: (46%) $3,363,815
  2. Non-Federal Share: (54%) $4,027,638
  3. Total Program Cost: $7,391,453
VSBFA/SSBCI Technical Assistance Program – Statewide
  1. Federal Share: 100% – $1,000,000
  2. Non-Federal Share: 0% – $0
  3. Total Program Cost: $1,000,000
VSBFA/SSBCI Technical Assistance Program – Southwest Virginia
  1. Federal Share: 100% – $500,000
  2. Non-Federal Share: 0% – $0
  3. Total Program Cost: $500,000
UMD/UST/TEDCO SSBCI BRIDGE
  1. Federal Share: 100% – $874,274
  2. Non-Federal Share: 0%
  3. Total Program Cost: $874,274