Establishes the North Carolina Small Business Capital Access Program to expand capital access for small businesses and MWBEs.

The bill establishes the North Carolina Small Business Capital Access Program to expand capital access for small businesses and Minority and Women-Owned Business Enterprises (MWBEs). The program includes the Small Business Loan Guarantee Program, North Carolina MWBE Growth Fund, CDFI Support Initiative, Small Business Technical Assistance Network, State Procurement Financing Initiative, and Small Business Innovation Fund. The Office of Small Business Capital Access, within the Department of Commerce, administers the program.

Establishes the North Carolina Small Business Capital Access Program to expand capital access for small businesses and MWBEs.

The bill establishes the North Carolina Small Business Capital Access Program to expand capital access for small businesses and Minority and Women-Owned Business Enterprises (MWBEs). The program includes the Small Business Loan Guarantee Program, North Carolina MWBE Growth Fund, CDFI Support Initiative, Small Business Technical Assistance Network, State Procurement Financing Initiative, and Small Business Innovation Fund. The Office of Small Business Capital Access, within the Department of Commerce, administers the program.