City of SeaTac Small Business Capital Access Program Increases Access to Capital and Resources
Washingtoner/10281844

SEATTLE - Washingtoner -- SeaTac, WA - The City of SeaTac announces the SeaTac Small Business Capital Access Program (SBCAP).

The program is done in partnerships with Business Impact NW, the Highline College Small Business Development Center (SBDC)/StartZone, the Seattle Southside Chamber of Commerce, the International Rescue Committee Seattle, and Growing Contigo.
This initiative, funded through the American Rescue Plan Act (ARPA), is designed to support local SeaTac businesses by expanding access to technical assistance, capital, and business resources. This is free to the SeaTac businesses.
"SeaTac's small businesses play a vital role in the local economy. That is why the City of SeaTac is prioritizing the funding of training and providing stipends to our local businesses. We are using one-time federal funds for long-term positive impacts within our business community," said SeaTac Mayor Mohamed Egal.

More on Washingtoner

• Spokane: Proposal Seeks to Advance Affordable Housing Projects Through Targeted TIF Investment
• Freedomtech Solutions creates 'Global Data Centre Network (IDCN)'
• Dual-Engine Growth Strategy Ignited: AI Infrastructure Breakout Meets Scalable Circular Economy Expansion: Marwynn Holdings, Inc. (N A S D A Q: MWYN)
• Super Bowl Champion Marvel Smith Inspires Launch of MVP-IQ Platform to Help Football Players Develop and Get Recruited Like the Pros
• The Future of Classic Cars in a World Moving Beyond Gasoline: How Electric Conversion Is Saving America's Automotive Heritage

This program aims to reach every small business in the SeaTac community seeking to stabilize and expand its operations. This complimentary program offers entrepreneurs access to professional assessments, loan readiness assistance, and personalized coaching to foster the growth and success of their businesses.

"The City of SeaTac is proud to use Federal ARPA funds to support local small SeaTac businesses. Access to business capital is a very important and ongoing need for businesses. SeaTac, in particular, has a number of businesses that have not always had access to business capital. This program supports businesses both now and in the long run and ensures that all businesses in SeaTac have a chance to thrive," said James Lovell, Councilmember and Planning & Economic Development Committee Chair.

Henry Wong, Vice President of Programs at Business Impact NW, stated, "Understanding your business's financial health is critical for short and long-term growth planning and it is especially important for those businesses needing access to capital, now or in the future, to support that growth. We are excited about working with program partners to provide business owners with that critical planning support and for the City of SeaTac's support in providing stipends to business owners committed to taking the first steps in that process."

More on Washingtoner

• Tacoma: Pothole Palooza Returns May 4 – 15 to Focus on Maintenance and Preservation of 10 Arterial Roadways
• Xtel Communications Appoints David Appleman as VP of Strategic Sales
• L2 Aviation Acquires Advance Aero
• $112 Million Contract Backlog for Cycurion (N A S D A Q: CYCU) Enters Hyper-Growth Phase With, Strategic Acquisitions, & Exploding AI Cybersecurity
• HarryPotterObamaSonic10Inu Celebrates World Record 1,000+ Days Livestream with Record-Breaking Merchandise Launch

To learn more about or register for the program, please visit the program's website: SeaTac Small Business Capital Access Program.

About the City of SeaTac – Economic Development
The City of SeaTac Economic Development Division engages with and supports the SeaTac business community to serve and strengthen the local economy. For more information review the website or reach out to Aleksandr Yeremeyev, Economic Development Manager at ayeremeyev@seatacwa.gov.