State funds leverage nearly $11 million in private and public resources expected to create and retain 100 high-wage jobs. OLYMPIA, WA – The Washington State Community Economic Revitalization Board (CERB) today approved $3.375 million in low-interest loans and $1.175 million in grants for economic development and public infrastructure improvements intended to spur business growth and job creation in Thurston, Skagit, and Whitman counties. Thurston County – $1.125 million loan and…
Tag Archives: Economic development
First cohort in new program will test potential for developing innovation clusters to drive growth and jobs in rural Washington Olympia, WA – Can small rural communities successfully mobilize public-private coalitions in target industries to create innovation clusters that will drive economic growth and jobs for the future? The Washington State Department of Commerce aims to find out with a new version of its Innovation Cluster Accelerator Program (ICAP) called…
Sustainable aviation, space flight and air mobility among innovations showcased by Washington state companies at Paris Air Show OLYMPIA, Wash. – Sustainable fuels. Industry 4.0. Automation. Uncrewed systems. Super/Hypersonic capacity. Advanced air mobility. Commercial space. More than buzzwords, these are some of the strengths found in Washington state that will be the focus of a 100-member delegation at the Paris Air Show this month. Led by Washington Governor Jay Inslee…
State funds leverage over $127 million in private and local resources expected to create and retain 185 high-wage jobs. OLYMPIA, WA – The Washington State Community Economic Revitalization Board (CERB) today approved $8.75 million in low-interest loans and $1.35 million in grants for economic development and public infrastructure improvements intended to spur business growth and job creation in Adams, Snohomish and Spokane counties. Adams County – $3.75 million loan and…
Evergreen Manufacturing Grants designed to create new jobs in manufacturing, research and development OLYMPIA, WA – The Washington Department of Commerce today announced $2 million in grants to accelerate manufacturing job growth and economic opportunity across the state with a particular focus on rural communities. Six businesses and four innovation cluster organizations were awarded $200,000 each through the Evergreen Manufacturing Grant program. These grants support the Building Economic Strength Through…
PNWH2 Hub concept envisions dynamic Pacific Northwest network of clean, renewable hydrogen suppliers and end-users to decarbonize some of the hardest-to-abate sectors OLYMPIA, WA – The Pacific Northwest Hydrogen Association (PNWH2) submitted its full Funding Opportunity Application to the U.S. Department of Energy (DOE) today in a bid to become one of the Regional Clean Hydrogen Hubs under the Infrastructure Investment and Jobs Act. Up to approximately $1 billion in…
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…
$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…