State Small Business Credit Initiative

The Kansas Capital Multiplier Loan and Venture Funds are programs that provide matching funds through a partner network to eligible businesses in communities across Kansas. Funding is provided through the United States Treasury via the State Small Business Credit Initiative (SSBCI).

Susan NeuPoth Cadoret

Director, Business & Community Development

Kansas Department of Commerce

1000 S.W. Jackson St. Suite 100
Topeka, KS 66612

Phone: (785) 296-5298

Susan.NeuPothCadoret@ks.gov Learn More

Category: State

The Department of Commerce is offering matching grants for the revitalization of underutilized, vacant, or dilapidated downtown buildings through the Historic Economic Asset Lifeline (HEAL) program. The grants are intended to bring buildings back into productive use as spaces for new or expanding businesses, childcare,...
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Kansas Certified Development Companies (CDC) help businesses access the numerous loan programs available from a variety of sources. These loan packages match the business' financial need with the source of funds, providing small business customers the best combination of rates and terms possible. Each...
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The Kansas Industrial Retraining program is a job retention tool that helps employees of restructuring companies who are likely to be displaced because of obsolete or inadequate job skills and knowledge. To participate, a company must retrain at least one existing position at an...
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The KIT program may be used to assist firms involved in job creation. Training can include subjects that provide knowledge and specific skills necessary for job entry including instruction on the company’s own production equipment on the plant floor or on similar machinery in a...
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Qualified Private Activity Bonds (PABs) are federally tax-exempt bonds. Under the federal volume cap, Kansas has a total 2018 bond allocation of $311,375,000 for this purpose. The types of bonds qualifying for such tax-exempt status are: Exempt facility bonds Qualified mortgage bonds Qualified...
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The Board of Tax Appeals (BOTA) Liaison provides instruction and technical assistance to parties interested in property tax abatement. In 1998, the Kansas Legislature adopted K.S.A. 79-213, which authorizes the Kansas Department of Commerce to provide aid to businesses and governmental entities applying for economic...
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The Shuttered Venue Operators (SVO) Grant program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, signed into law on December 27, 2020. The program includes $15 billion in grants to shuttered venues, to be administered by the SBA’s Office...
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A special kind of TIF – Sales Tax and Revenue (STAR) Bonds – was created by the Kansas Legislature. STAR Bonds are used to assist the development of major entertainment or tourism destinations using the sales tax revenues generated by associated retail development. STAR Bonds...
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Sales Tax Revenue (STAR) Bonds provide Kansas municipalities the opportunity to issue bonds to finance the development of major commercial, entertainment and tourism areas and use the sales tax revenue generated by the development to pay off the bonds.
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