State of Washington grants .5M stimulus to boost small businesses

(The Center Square) — The Washington State Department of Commerce has announced 22 grants totaling $32.5 million to small business development from...

November 26, 2022
10:04 AM

(The Center Square) — The Washington State Department of Commerce has announced 22 grants totaling $32.5 million to small business development from the state's Small Business Innovation Fund, which was funded by the federal American Rescue Plan.The awards range from $500,000 to $5 million and are conditional pending contract agreement with the grantees.'We received an unprecedented amount of funding requests,' Linda Womack, managing director of Small Business Finance and Community Support said in a statement.

Lawrence Wilson