The City of Snohomish is accepting applications for its Thrives Grant Program.
Donor Name: City of Snohomish
State: Washington
City: Snohomish
Type of Grant: Grant
Deadline: Ongoing
Size of the Grant: $50,000
Details:
Snohomish Thrives is a grant program, funded by the City’s allotment of American Rescue Plan Act (ARPA) funding, that seeks to support small businesses and nonprofits as they continue to recover from the lingering effects of the COVID-19 pandemic.
Funding Information
- $450,000 has been allocated into three funding levels of grant opportunities:
- Three $50,000 grants
- Six $25,000 grants
- Fifteen $10,000 grants
- Applicants denied larger grants may be considered for a smaller grant.
Eligibility Criteria
This grant opportunity is provided for small businesses and nonprofits operating within Snohomish city limits since March 2020 or earlier.
- Businesses must be independently owned (not a chain or franchise) and meet the Small Business Administration’s definition of “small business” for their industry. This often means employing 500 or fewer people.
- Businesses must also maintain an active City of Snohomish endorsement on their business license. If you’re unsure whether this is the case for your business, follow the instructions on the Washington Department of Revenue’s website to check your endorsement status and apply if necessary.
- Businesses within the Historic Business District must be current on their annual Parking & Business Improvement Area (PBIA) billing.
- Nonprofits must be registered as 501(c)(3) organizations.
In reviewing applications, the City will consider:
- Decreased revenue or gross receipts
- Financial insecurity
- Increased costs
- Capacity to weather financial hardship
- Challenges covering payroll, rent or mortgage, and other operating costs.
For more information, visit City of Snohomish.
