OED is now accepting applications for the Small Business Stabilization Fund! The newest round of the Small Business Stabilization Fund is funded by the joint COVID-19 relief bill that the Mayor and City Council passed in August.
This round of funding prioritizes creative industry small businesses and workers by allocating 10 percent of all grants—24 grants—to creative industry small businesses.
To be eligible for a grant, a small business or non-profit must have 25 or fewer employees, be located within Seattle city limits, and have an annual net revenue at or below $2 million. Non-profits who explicitly provide economic opportunity supports through education programs and/or job training are also eligible for grants. All businesses and non-profit organizations that receive a grant must commit to not reducing wages and benefits provided prior to the COVID-19 emergency.
To assist small business owners in preparing the information necessary to apply for a grant, OED will host two webinars on
- Thursday, November 12, 12-1 p.m.
- Wednesday, November 18, 12-1 p.m.
- Register for an SBSF information session here.
OED staff are available to provide in-language assistance to small business owners. To request in-language assistance email oed@seattle.gov or call 206-684-8090 and leave a voice mail with the following information:
- Your name
- Phone number
- The language you need in English
- What support you need
For more information on all eligibility requirements, visit OED’s website. Apply by November 30, 2020 here.