institutional Grant
King County Community Reinvestment Business Grant
Empowering local enterprises through targeted financial support that stimulates economic growth and community development.
Grant Overview
The King County Community Reinvestment Business Grant is a cornerstone initiative designed to catalyze economic growth within historically underserved and isolated communities. Through targeted financial support, this grant seeks to bridge the resource gap, fostering innovation and community value wealth generation.
Objectives
- Direct capital grants ranging from $10,000 to $50,000 per business entity.
- Comprehensive technical assistance and 12 months of institutional mentorship.
- Priority access to chamber networking events and mainstream media connections.
Why Contract With State
tier 1 - emerging
$ 10,000
For startups and micro- enterprises looking to
stabilize operations and local footprint.
tier 2 - growth
$ 25,000
For established
businesses expanding their workforce or
entering new markets.
businesses expanding their workforce or
entering new markets.
tier 3 - impact
$ 50,000
For high-impact
community pillars
focused on large-scale innovation projects.
community pillars
focused on large-scale innovation projects.
Usage Guidelines
ELIGIBLE USES
Payroll and employee benefits
Commercial rent and utilities
Digital infrastructure upgrades
Marketing and business development
INELIGIBLE USES
Lobbying and political activities
Personal debt restructuring
speculative investment assets
Purchase of non-business property
Who Can Apply
Business Entities
LLCs, Corporations, and S-Corps in King County with a valid UBI and at least 12 months of operation.
Sole Proprietorships
Independent contractors and freelancers with a primary business address in designated reinvestment zones.
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