Commonwealth Economic Development Authority

Commonwealth Economic Development Authority Propelling our beautiful islands forward through economic development. Through the CDA, gaige guine i oputunidat-mu or simply your opportunity is here.

26/11/2025
20/11/2025

The Marianas SSBCI Technical Assistance Office is now open to help CNMI businesses grow, scale up, and expand ๐Ÿš€๐ŸŒฑ

With $18 million available for local businesses, our team can guide you through the SSBCI Program and help you understand the support you qualify for ๐Ÿ’ผโœจ

Free for eligible small businesses
โœ”๏ธ No cost
โœ”๏ธ No obligation
โœ”๏ธ No minimum requirements

Walk in or book an appointment
๐Ÿ“ž (670) 488 1233 / 1235
๐Ÿ“ CEDA Building, Room 106, Beach Road, San Jose across from The Shack

Technical Assistance Team
๐Ÿ’ฌ Celena Kalp โ€“ [email protected]
๐Ÿ’ฌ Dexter I. Brennan โ€“ [email protected]

Funded by the US Treasury SSBCI Program.
Administered by the Commonwealth Economic Development Authority (CEDA).

Propelling our beautiful islands forward through economic development. Through the CDA, gaige guine i oputunidat-mu or simply your opportunity is here.

18/11/2025
13/11/2025

๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—ฒ๐—ป๐˜๐—ฟ๐—ฒ๐—ฝ๐—ฟ๐—ฒ๐—ป๐—ฒ๐˜‚๐—ฟ๐—ถ๐—ฎ๐—น ๐—ผ๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜๐˜‚๐—ป๐—ถ๐˜๐—ถ๐—ฒ๐˜€ ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐—ท๐˜‚๐˜€๐˜ ๐—ฒ๐˜…๐—ฝ๐—ฎ๐—ป๐—ฑ๐—ฒ๐—ฑ!

Access funding to launch or expand your business through the Marianas State Small Business Credit Initiative (SSBCI) 2.0 Program, a bank-driven program that provides financial assistance to entrepreneurs by offering loan guarantees, loan purchase participation, and cash collateral support to businesses that may face challenges securing conventional loans.

For more information or to get started on your business loan application, visit the nearest Bank of Guam branch on Saipan, Tinian, or Rota. The online application on the Bank of Guam website will also be made available soon.

The State Small Business Credit Initiative 2.0 (SSBCI) helps small businesses access funding through:

โ€ขโ  โ Loan Guarantees

โ€ขโ  โ Loan Purchase Participation

โ€ขโ  โ Cash Collateral Support

For more information, visit developcnmi.com/ssbci or contact the Commonwealth Economic Development Authority (CEDA) for assistance.

Propelling our beautiful islands forward through economic development. Through the CDA, gaige guine i oputunidat-mu or simply your opportunity is here.

๐Ÿš€ ๐—Ÿ๐—ฎ๐˜‚๐—ป๐—ฐ๐—ต or ๐—˜๐˜…๐—ฝ๐—ฎ๐—ป๐—ฑ Your Business!The Commonwealth Economic Development Authority (CEDA) has unlocked $18M through the St...
09/09/2025

๐Ÿš€ ๐—Ÿ๐—ฎ๐˜‚๐—ป๐—ฐ๐—ต or ๐—˜๐˜…๐—ฝ๐—ฎ๐—ป๐—ฑ Your Business!

The Commonwealth Economic Development Authority (CEDA) has unlocked $18M through the State Small Business Credit Initiative 2.0โ€™s first tranche to support small businesses across the CNMI.

โ„น๏ธ ๐‡๐จ๐ฐ ๐๐จ๐ž๐ฌ ๐ข๐ญ ๐ฐ๐จ๐ซ๐ค?
Marianas SSBCI 2.0 provides critical financial assistance by offering ๐™‡๐™ค๐™–๐™ฃ ๐™‚๐™ช๐™–๐™ง๐™–๐™ฃ๐™ฉ๐™š๐™š๐™จ, ๐™‡๐™ค๐™–๐™ฃ ๐™‹๐™ช๐™ง๐™˜๐™๐™–๐™จ๐™š ๐™‹๐™–๐™ง๐™ฉ๐™ž๐™˜๐™ž๐™ฅ๐™–๐™ฉ๐™ž๐™ค๐™ฃ, ๐™–๐™ฃ๐™™ ๐˜พ๐™–๐™จ๐™ ๐˜พ๐™ค๐™ก๐™ก๐™–๐™ฉ๐™š๐™ง๐™–๐™ก ๐™Ž๐™ช๐™ฅ๐™ฅ๐™ค๐™ง๐™ฉ to businesses that may face challenges securing conventional loans. These programs help reduce the risks for banks and allow your business to get the financial backing it needs.

๐Ÿ–‹๏ธ ๐‘๐ž๐š๐๐ฒ ๐ญ๐จ ๐€๐ฉ๐ฉ๐ฅ๐ฒ? ๐‡๐ž๐ซ๐žโœ๐ฌ ๐ก๐จ๐ฐ ๐ข๐ง ๐Ÿ“ ๐ž๐š๐ฌ๐ฒ ๐ฌ๐ญ๐ž๐ฉ๐ฌ!

โถ ๐˜พ๐™ค๐™ฃ๐™ฉ๐™–๐™˜๐™ฉ ๐™– ๐™‹๐™–๐™ง๐™ฉ๐™ž๐™˜๐™ž๐™ฅ๐™–๐™ฉ๐™ž๐™ฃ๐™œ ๐˜ฝ๐™–๐™ฃ๐™ 
Begin by reaching out to a participating bank, such as Bank of Guam branches on Saipan, Tinian, or Rota. Visit bankofguam.com to locate a branch and start your business loan application.

โท ๐™‹๐™ง๐™š๐™ฅ๐™–๐™ง๐™š ๐™”๐™ค๐™ช๐™ง ๐˜ฟ๐™ค๐™˜๐™ช๐™ข๐™š๐™ฃ๐™ฉ๐™–๐™ฉ๐™ž๐™ค๐™ฃ
Work closely with your bank to gather and submit all required documents for your loan application.

โธ ๐˜ฝ๐™–๐™ฃ๐™  ๐™๐™š๐™ซ๐™ž๐™š๐™ฌ
Your bank will review your application for eligibility and forward it to CEDA for further evaluation.

โน ๐˜พ๐™€๐˜ฟ๐˜ผ ๐™๐™š๐™ซ๐™ž๐™š๐™ฌ
CEDA will assess your loan for compliance with SSBCI 2.0 guidelines and then forward it to the Independent Loan Review Committee (ILRC) for their review and concurrence.

โบ ๐™‡๐™ค๐™–๐™ฃ ๐˜ผ๐™ฅ๐™ฅ๐™ง๐™ค๐™ซ๐™–๐™ก ๐™–๐™ฃ๐™™ ๐˜พ๐™ก๐™ค๐™จ๐™ž๐™ฃ๐™œ
If approved, CEDA SSBCI 2.0 will provide financial backing for your loan. The bank will then finalize and close the loan with you so you can access your funds.

๐…๐จ๐ซ ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐€๐ฌ๐ฌ๐ข๐ฌ๐ญ๐š๐ง๐œ๐ž
Contact the Commonwealth Economic Development Authority:
Saipan: (670) 234-6245
Tinian: (670) 433-9203
Rota: (670 532-9408
Or visit developcnmi.com

Interested candidates can find the detailed job description and application form for the position on our website at http...
12/08/2025

Interested candidates can find the detailed job description and application form for the position on our website at https://developcnmi.com/jva.html or by scanning the QR code below.

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Address

CDA Bldg ( Morgen Bldg ) Oleai Beach Road
Saipan
96950

Opening Hours

Monday 07:30 - 16:30
Tuesday 07:30 - 16:30
Wednesday 07:30 - 16:30
Thursday 07:30 - 16:30
Friday 07:30 - 04:30

Telephone

670-234-6245

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