The Thurston Strong Small Business Grant is available to local enterprises working to recover from the financial impacts of COVID-19.
Donor Name: Thurston Economic Development Council (EDC)
State: Washington
County: Thurston County (WA)
Type of Grant: Grant
Type of Entity: Businesses
Deadline (mm/dd/yyyy): Ongoing
Size of the Grant: $10,000
Details:
The Thurston Economic Development Council (EDC) will administer the program on behalf of Thurston Strong partners. The majority of funding support has been provided by Thurston County.
This project is supported by funding awarded by the U.S. Department of the Treasury under the Coronavirus State and Local Fiscal Recovery Funds Award as provided by the American Rescue Plan Act.
Funding Information
Approximately $4.5 million including dedicated funding for minority-owned businesses. Individual grants are calculated on demonstrated economic injury, up to a $10,000 maximum.
Eligible Recipients
- Independently-owned and operated businesses, with up to 50 current employees, with headquarters in Thurston County
- Must have/provide Washington State UBI#
- Must have been in business prior to March 1, 2020, and currently operating or in the process of reopening
- National chain stores and restaurants with headquarters or ownership structures located outside of Thurston County are ineligible
- Grant funding must be used for COVID-related impact reimbursement and/or COVID-induced operational change expenses (receipts/proof of expense required to receive funds)
Application Requirements
Applicants are required to submit evidence of COVID-related economic impact. Acceptable forms of proof include, but are not limited to:
- Accounting/tax forms showing a revenue decline of 20% or more annually or in any quarter in FY 2019 and the corresponding quarter in 2020 or 2021.
- Receipts or documentation affirming costs associated with new expenses driven by COVID-related impacts (hiring bonuses, PPE expenditures, goods and services price increases, etc.)
- Receipts affirming costs associated with business operation changes driven by COVID-related impacts (space reconfiguration costs, equipment/tech costs, emergency staffing or consulting fees, etc.)
- Pending rent or utility invoices (not already remedied through other state or federal programs)
- Other proof of COVID-related financial impact (our grant application reviewers will consider other forms of impact proof via direct interaction with applicants)
For more information, visit Thurston Strong Small Business Grant.