COVID-19 Help For Washington State logo

This website was last updated on May 15, 2020. The information in the posts may not be correct at this time. Please see the About page for additional information.

Home » Business » City of Seattle: Small Business Stabilization Fund

City of Seattle: Small Business Stabilization Fund

Sunday March 15, 2020 | Business, Employment

City of Seattle: Small Business Stabilization Fund

From the City of Seattle: “

To mitigate barriers to capital for Seattle’s most vulnerable businesses, the City of Seattle will commit approximately $1.5 million in one-time Community Development Block Grant (CDBG) funds to the Small Business Stabilization Fund, an emergency fund that provides working capital grants in amounts up to $10,000 to qualifying small businesses. The following is the investment criteria for financial support:

Criteria

  • The business owner must have a low- or moderate-income (≤80% of the Area Median Income).
  • The business must have five employees or less.
  • The business must have a physical establishment.
  • The business must have experienced a loss of income due to COVID-19.

You may qualify for a grant of up to $10,000.

Share Other Resources

Do you know of other resources related to Business, Employment for those impacted by COVID-19? Connect with us and share using the Anonymous Submission Form.

Tags

Related Posts

Pin It on Pinterest