The Pierce County Small Business Innovation Matching Grant program helps small businesses located in unincorporated Pierce County move forward in the wake of the Covid-19 pandemic.
Donor Name: Pierce County
State: Washington
County: Pierce County (WA)
Type of Grant: Grant
Deadline: 11/04/2022
Size of the Grant: $20,000
Details:
The grant will aid in covering costs related to innovative projects that will help businesses grow and ultimately become more resilient. Eligible businesses should demonstrate a need for funding that will allow the business to implement new ideas, improve operations and processes, or upgrade facilities and equipment. The County Council has allocated $4M of American Rescue Plan Act (ARPA) funding to support this grant program.
Funding Information
Subject to available funds, the grant reimburses 50% of eligible costs up to $20,000 of reimbursement per applicant.
- Project Eligibility
- Pre-approval is required.
- New projects must be completed within 90 days following pre-approval. A one-time extension may be granted based on extenuating circumstances.
- Purchases must be made between January 3, 2022 and September 1, 2023.
Types of projects eligible for grant funds:
- Purchases of machinery, equipment, computer hardware, software, and point of sale systems necessary to expand or upgrade an existing facility, initiate a new line of business, or streamline a business process.
Grant funds MAY NOT be used for inventory, staffing, working/operating capital, to pay debts or taxes, or in-home childcare settings.
Criteria
- For-profit or non-profit business physically located in UNINCORPORATED Pierce County.
- Have 20 or fewer full-time equivalent employees (including business owner)
- Have been in business at least two (2) years
- Have an independent business and not a corporate chain or corporate franchise
- Have an active Washington State business license
- Childcare businesses must be State licensed
- Childcare businesses MUST have a commercial lease or be a commercial property owner (in-home childcare settings are not eligible)
- Businesses who have submitted an application for Round One are NOT eligible to re-apply.
For more information, visit Small Business Innovation Matching Grant.
