The Seattle Office of Economic Development (OED) seeks to make Seattle the most innovative and equitable city to build a business or career, with economic resilience rooted in the diversity of their economy and ingenuity of their workforce.
Donor Name: Seattle Office of Economic Development (OED)
State: Washington
City: Seattle
Type of Grant: Grant
Deadline: Ongoing
Size of the Grant: $2,000
Details:
The Office of Economic Development is leveraging nearly $2 million in federal funding to support the economic recovery of small businesses who experienced property damage. Through the Storefront Repair Fund, small businesses can apply for $2,000 grants to help repair storefront property damages that occurred on or after January 1, 2021.
Storefront Repair Fund grants will help cover costs to repair current property damage or reimburse business owners for costs paid out of pocket for past damages. Eligible property damages include broken windows, broken doors, broken locks and etching on windows. This grant will not cover loss of stolen goods or damages such as graffiti.
Criteria
To qualify for the Storefront Repair Fund, eligible businesses must:
- Have experienced physical damage to their storefront after January 1, 2021.
- Have experienced direct economic disruption because of COVID-19.
- Have an active City of Seattle Business License.
- Have City Business and Occupation (B&O) taxes paid in full.
- Be located in Seattle city limits.
- Be an independently owned, non-franchise, non-chain business.
- Be a for-profit business.
- Have no more than two (2) locations.
- Be currently open and active for business.
Additional criteria:
- No more than two applications may be submitted per business, business owner, EIN, SSN, UBI number, Business License number, home and/or business address. Each application must be for separate incidents and different dates.
- Business must be in operation for a minimum of 24 months (as of October 1, 2022).
- Business must operate from a physical location and/or mobile trucks that serves the general public.
Criteria by business size:
- Business can have no more than 50 full-time equivalent (FTE) employees for the last 24 months.
- Business must make more than $1,000 and NOT exceed $7,000,000 in annual net revenue as reported in Business and Occupation (B&O) taxes to the City of Seattle Department of Finance and Administrative Services in 2020 and 2021.
For more information, visit Storefront Repair Fund.
