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

• Mutant-Fueled Bio-Cyberpunk Shooter HoverGrease 2 Launches May 22
• Triple-Digit Growth, OTCQX Market Upgrade and a Rapidly Expanding Specialty Healthcare Platform: Cardiff Lexington Corporation: Stock Symbol: CDIX
• XRPPower Continues Strengthening Its Global AI-Powered Blockchain Ecosystem
• Spokane: Coffee Connect With District 1 Council Members
• Spokane: Coffee With Council District 2 Council Members

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: Implementation of Transportation Impact Fees to Begin on June 1
• City of Tacoma Highlights Performance Milestones, Efficiency of Alternative Response Programs
• Lick Introduces Pineapple Flavored Massage Oil — A Tropical Date Night Favorite Available on Amazon
• FutureLot Powers ADU Wizard for Massachusetts Clean Energy Center's Statewide ADU Resource Center
• ICT Innovations Releases ICTPBX Community Edition as Open Source Under Mozilla Public License 2.0

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.