Washington implements $5 million grant program for small businesses

Apr 7 2020, 1:59 pm

Small businesses in Washington that have been impacted by the ongoing pandemic can now receive up to $10,000 in funds, the governor revealed on Tuesday.

These funds will only be given to Washington businesses with ten employees or fewer and will be taken from the Strategic Reserve by the State Department of Commerce.

Governor Jay Inslee mentioned during a press conference, that while $10,000 doesn’t seem like a lot of money, the sum won’t be small for mom and pop businesses struggling to stay afloat.

Those looking to apply for assistance should do so as soon as possible, as there is only $5 million in funding available.

The state will be providing targeted assistance to those who don’t speak English and will be providing the applications in a variety of languages.

The Washington State Department of Commerce is in the process of hiring more staff and plans to add 100 people every two weeks to assist with processing times.

Those looking to apply can do so online at startup.choosewashingtonstate.com/covid-grants.