State funds leverage over $5.5 million in private and local investments expected to create dozens of family-wage jobs. OLYMPIA, WA – The Washington State Community Economic Revitalization Board (CERB) today approved $2 million in low interest loans and $150,000 in grants for economic development and public infrastructure improvements intended to spur business growth and job creation in communities throughout the state. Columbia County – $50,000 grant to the Port of…
Tag Archives: Economic development
$200,000 state grant to Economic Alliance Snohomish County helps jumpstart former Twin City Foods plant update OLYMPIA, WA – The Department of Commerce announced that No Meat Factory (NMF), a Canadian manufacturer of plant-based meat alternative products, will open a new production facility in Stanwood, Washington. The new plant will reopen a facility closed by Twin City Foods in 2017. The new facility will allow NMF to meet growing demand…
$100 million available to support businesses affected by pandemic; information webinar March 13 OLYMPIA, WA – The Washington State Department of Commerce announced a new grant opportunity for businesses in the hospitality and lodging industry that suffered business losses due to the pandemic. The application portal opens on March 14 at wahospitalitygrants.com. An informational webinar is scheduled for Monday, March 13. To learn more and subscribe to email updates about…
Five new programs to be offered through the State Small Business Credit Initiative (SSBCI) OLYMPIA, WA – Washington state has been awarded $163.4 million from the U.S. Treasury Department to operate five capital access programs for small businesses. The new funding will be used to launch an updated version of the state’s highly successful Small Business Credit Initiative (SSBCI) program, which was completed in 2016. SSBCI leveraged an original $19.7…
OLYMPIA, WA – A delegation of Washington state companies and officials are participating in the AVALON Australian International Airshow and Aerospace & Defense Exposition in Australia, Feb. 28 – Mar. 5. The largest show of its kind in the southern hemisphere, AVALON attracts nearly 700 companies from around the world. The Washington delegation will be one of 161 official industry and government delegations from 30 countries. The six-day show attracts…
$250K grant solidifies development of new facility with potential for long-term local, regional economic impact OLYMPIA, WA — Lewis County could well become a symbol of Washington state’s robust and growing clean energy economy when zero-emission trucks the height of three-story buildings are seen rolling around the First Mode Proving Grounds later this year. First Mode, a global carbon reduction company that developed the world’s first integrated battery and hydrogen…
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…
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…
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,…
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…