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2023 at Seattle’s Office of Economic Development

2023 was a transformative year for us at the Office of Economic Development. We built on feedback from the community to create action plans, impactful programs, and forward-thinking policies aligned with our overarching goal: to champion inclusive economic growth so that everyone in Seattle can enjoy quality jobs at thriving… [ Keep reading ]

Request for Qualifications open for Community-Based Organizations who help small businesses access financial resources

Seattle Office of Economic Development empowers small businesses through Small Business Capital Readiness Support Program. At the Seattle Office of Economic Development, we are committed to fostering economic growth and sustainability, especially among small businesses from underserved communities that have historically faced barriers and financial constraints. We believe equitable access… [ Keep reading ]

Mayor Harrell Announces Proposed Budget Adjustments

Mayor Harrel’s proposed 2024 budget reflects the community-driven Future of Seattle Economy investment agenda. The FSE investment agenda serves as the foundation of OED’s work, providing a framework to address the impacts of COVID-19, while also creating an economically diverse, just, and resilient city long term. Key highlights include:… [ Keep reading ]

Seattle Office of Economic Development directed $13M helping local businesses with relief and recovery for the Seattle Recovery Plan

The Seattle Office of Economic Development (OED) provided $13M in federal recovery funds as part of the Seattle Rescue Plan. Today the City released the Seattle Rescue Plan: 2023 Performance Report (July 1, 2022 – June 30, 2023). The report highlights the incredible work that the City did utilizing federal… [ Keep reading ]

The Seattle Office of Economic Development Executive Summary

Seattle Rescue Plan: 2023 Performance Report (July 1, 2022 – June 30, 2023)  Seattle, like all other cities and communities across the country experienced significant impacts from COVID-19 on our small businesses, workers, industries, neighborhoods, individuals and families. To combat the economic, social and health effects of the pandemic, the… [ Keep reading ]

Seattle Office of Economic Development and Community Partners Present the Future of Seattle Economy Framework

Seattle City Council Passes Resolution supporting Future of Seattle Economy The Seattle City Council today approved a resolution establishing a community-driven framework for inclusive investment in Seattle’s economic recovery. The Future of Seattle Economy (FSE) report, facilitated by the Seattle Office of Economic Development, identifies investments needed to make Seattle… [ Keep reading ]

Small Business and Nonprofit Commercial Lease Protections and Legal Support

Español | አማርኛ | 繁體中文 | 한국인 Soomaali | ไทย | Tiếng Việt On October 31, 2022, Mayor Bruce Harrell announced the end of the Civil Emergency Proclamation, aligning with Governor Inslee’s decision to end the statewide state of emergency. As the COVID-19 State of Emergency comes to a close,… [ Keep reading ]

Seattle Office of Economic Development Accepting Applications for Only in Seattle Initiative  

Through a Request for Proposals (RFP) process, OED is investing $1.2 million in the Only in Seattle Initiative to support community driven economic development projects with a focus on racial equity and social justice. Neighborhood-based nonprofit organizations who support local small businesses and communities can apply for grants up to $200,000 to fund projects that help build community partnerships, provide resources to local businesses and strengthen neighborhoods throughout Seattle.

City Invests $8 Million in Economic Recovery Funding to Connect Small Businesses to Operating Capital

Español አማርኛ 繁體中文 한국어 Soomaali ไทย Tiếng Việt New partnership with Community Development Financial Institutions will allow small businesses to borrow up to $150,000 in operating capital to support economic stabilization and long-term recovery Seattle Mayor Bruce Harrell and the Seattle Office of Economic Development (OED) announced the launch of the… [ Keep reading ]

Mayor Jenny Durkan Announces Recipients of the Neighborhood Economic Recovery Grants

Mayor Durkan and the Seattle Office of Economic Development announce the grant recipients of the Neighborhood Economic Recovery Fund.