The Capital Access Program is a dedicated initiative designed to empower small businesses, particularly those historically marginalized and facing financial constraints. By providing equitable access to affordable capital, CAP aims to create a more level playing field for these businesses. The program is guided by three primary objectives: CAP pays… [ Keep reading ]
We’re excited to announce that applications for the 2025 Tenant Improvement Program are open! This year’s program will invest $800,000 in sign and equipment funding. Businesses can apply for up to $15,000 to purchase a sign, or up to $50,000 to purchase equipment that is essential to their business purpose…. [ Keep reading ]
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.
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 ]
አማርኛ | 繁體中文 | 한국인 | Soomaali | Español | ไทย | Tiếng Việt We are excited to announce that the Small Business Stabilization Fund is accepting applications starting today, October 19, 2021. The deadline for applications is November 14 at 11:59 p.m. The application is available in eight languages at seattle.gov/SmallBusinessStabilizationFund. The Seattle Office of Economic Development is investing an additional… [ Keep reading ]
On Tuesday, June 13, Mayor Durkan transmitted to Council the community-led Equitable Communities Initiative Task Force’s recommendations for $30 million in investments to improve outcomes for Seattle’s Black, Indigenous and people of color communities. The Office of Economic Development worked closely with the Task Force to support the development of… [ Keep reading ]
The Seattle Office of Economic Development awarded over $10 million in Small Business Stabilization Fund grants to small businesses impacted by COVID-19 The Office of Economic Development (OED) recently awarded an additional 356 businesses $10,000 grants from the Small Business Stabilization Fund (SBSF), reaching a significant investment milestone of over… [ Keep reading ]
“At the City, we’re doing everything we can locally to support our small businesses and workers during this unprecedented moment in history. Working together in the early days of this crisis, we quickly created this $2.5 million Small Business Stabilization Fund, which has become a model for cities across our… [ Keep reading ]
Today, the City of Seattle Office of Economic Development (OED) announced a new investment aimed at providing young people access to and preparation for employment in Seattle’s economy. The first ever Career Connected Learning Grants will fund nine local organizations to increase job readiness competencies for youth ages 14-24, part… [ Keep reading ]
The Office of Economic Development’s Only in Seattle Initiative strives to build an equitable and vibrant city by fostering neighborhood business districts that are centers of local commerce, community, and culture. With seed funding and expertise, the Initiative supports local businesses, building owners, and residents to unite around a common vision… [ Keep reading ]
