Washington Community Economic Revitalization Board invests more than $10 million in four counties

Washington Community Economic Revitalization Board invests more than $10 million in four counties

State funds will leverage nearly $664 million in private and local investments in projects expected to create 242 family-wage jobs. OLYMPIA, WA – The Washington State Community Economic Revitalization Board (CERB) today approved $10 million in low interest loans and $75,000 in grants for economic development and public infrastructure improvements intended to spur business growth and job creation in communities throughout the state. Among the supported projects is a new…

Commerce invests $2.5 million to accelerate development of six rural industrial sites

Commerce invests $2.5 million to accelerate development of six rural industrial sites

State grants aim to attract, expand manufacturing activity and jobs in communities across the state OLYMPIA, WA — The Washington State Department of Commerce recently awarded $2.5 million in grants to six projects that will expand the state’s portfolio of project-ready industrial sites and incentivize private investment. With help from this state funding, publicly owned sites become more competitive for business attraction nationally and globally. These one-time grants support engineering…

Department of Commerce announces $32.5 million in grants from new Small Business Innovation Fund

Department of Commerce announces $32.5 million in grants from new Small Business Innovation Fund

Funding will support at least 22 projects across Washington state focused on increasing programs and services to help meet the needs of underserved communities, businesses, entrepreneurs OLYMPIA, WA – The Washington State Department of Commerce today announced 22 projects conditionally awarded Small Business Innovation Fund (SBIF) grants ranging from $500,000 to $5 million. The total $32.5 million awarded will fund a variety of activities, including: small business incubators and accelerators,…

Washington Community Economic Revitalization Board invests $11.9 million in six counties

Washington Community Economic Revitalization Board invests $11.9 million in six counties

State funds will leverage nearly $130 million in private, local and other state resources and are expected to create more than 125 family wage jobs. OLYMPIA, WA – The Washington State Community Economic Revitalization Board (CERB) yesterday approved $8.75 million in low interest loans and $3.2 million in grants for economic development and public infrastructure improvements intended to spur broadband deployment, business growth and job creation in communities throughout the…

One company’s waste is another’s resource: Innovative projects looking to repurpose industrial waste receive $850K from new state program

One company’s waste is another’s resource: Innovative projects looking to repurpose industrial waste receive $850K from new state program

New Industrial Symbiosis grants support collaborative projects advancing the circular economy OLYMPIA, WA — The Washington State Department of Commerce today announced $850,000 in grants to four projects in support of new and exciting efforts to find beneficial uses for industrial waste. In this first year of the Industrial Symbiosis Program, funded projects range from research and development to on-the-ground implementation. Competitive grants announced today are: Inland Empire Paper Company…

Department of Commerce offers grants to spur industrial site development

Department of Commerce offers grants to spur industrial site development

New industrial site readiness program has $2.5 million available for counties, cities, port districts and tribal governments throughout Washington state OLYMPIA, WA – The Washington State Department of Commerce has launched an Industrial Site Readiness grant program designed to support counties, cities, port districts and tribal governments with plans to develop and revitalize properties for manufacturing or other industrial uses. Eligible public entities throughout the state can apply for grants…

National Development Council, Commerce receive award for Small Business loan program

National Development Council, Commerce receive award for Small Business loan program

National Development Council and Commerce receive award for Washington Small Business FlexFund loan program SEATTLE, Washington — The International Economic Development Council (IEDC) has recognized Washington’s Small Business Flex Fund with an industry award for its positive contributions to the state’s economic recovery. Earlier this week at the IEDC’s Excellence in Economic Development Awards, the National Development Council (NDC) and the Washington State Department of Commerce shared a Gold Award…

Nordic mission Day 4: Maritime innovation takes center stage

Nordic mission Day 4: Maritime innovation takes center stage

Exploring the fascinating future of maritime with our Norwegian partners We were welcomed to Norway with a briefing from the US Embassy and American Chamber of Commerce in Oslo. After being properly equipped with local knowledge, we traveled to Horten, to spend the day with Kongsberg Maritime. The Norwegian-owned company is a strong maritime partner and investor in Washington state, both through Kongsberg Underwater Technology located in Lynnwood, WA and…

Update from the Nordics: Celebrating collaboration with Finland

Update from the Nordics: Celebrating collaboration with Finland

Exploring clean fuels, quantum computing, the future of maritime and celebrating collaboration with Finland The past couple of days have been extremely exciting and productive, including a visit to Neste World Headquarters in Espoo, Finland. Originally an oil and gas company, Neste is now the leading supplier of renewable diesel and sustainable aviation fuel to the U.S. as well as a supplier of renewable diesel and recycled and renewable plastics.…

Washington Community Economic Revitalization Board invests $4.4 million in five counties

Washington Community Economic Revitalization Board invests $4.4 million in five counties

Washington Commerce Director Lisa Brown recently appointed former Palouse Mayor Michael Echanove as the new chair of the Community Economic Revitalization Board (CERB). In addition to serving as mayor and city council member from 1994-2019, Echanove is currently employed at Washington State University’s Pullman Campus. He is a graduate of the University of Idaho. “Michael brings a unique blend of experience in local government and rural community and economic that…