Seattle Establishes Small Business Stabilization Fund

Community Veteran
Best Answer

The city is committing approximately $1.5 million in one-time Community Development Block Grant (CDBG) funds to the Small Business Stabilization Fund, an emergency fund that provides working capital grants in amounts up to $10,000 to qualifying small businesses. The business owner must have a low- or moderate-income, five employees or less, and a physical location in Seattle to quality.