WBC - WA - SEATTLE economic development fund (SEATTLE)

This $150,000 Cooperative Agreement award from the U.S. Small Business Administration (SBA) under the Women's Business Ownership Assistance program (CFDA 59.043) will enable Seattle Economic Development Fund, doing business as Business Impact NW, a 501(c)(3) non-profit organization, to provide comprehensive entrepreneurial development services to women-owned small businesses.

The key products and services to be delivered through this 12-month award, commencing on September 30, 2024, include business training, technical assistance, entrepreneurship counseling, and access to capital resources specifically tailored to support socially and economically disadvantaged women entrepreneurs in the Seattle, Washington area. As a non-profit community development financial institution (CDFI) and community development corporation, Business Impact NW will leverage this federal grant funding to offer microloans up to $50,000, financial literacy programs, and targeted support for minority-owned and veteran-owned small businesses.