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

• Evluma's RoadMax Edge Roadway Luminaires Earn DarkSky Approved Status
• Heritage at Hopewell Announces New 3.875% Year-One Mortgage Rate Buydown Incentive on Quick Delivery Townhomes (7.11% APR)
• New TROP2 Research Breakthrough Strengthens REQORSA® Gene Therapy Story as Roche Collaboration Advances Precision Lung Cancer Treatment: Genprex, Inc
• Tacoma: Public Hearing for Off-Street Parking Code Update Set for December 1
• Rent a Truck or Hire Movers? New Data Shows Fuel Now Makes Up to 40% of DIY Moving Costs

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

• Spokane: SPD Makes an Arrest in Yesterday's Early Morning Shooting
• Spokane: Mayor Brown Introduces 2027-2028 Budget Proposal
• Club Wyndham Research Identifies the "Holiday Rewind Effect": 93% of Parents Recreate Their Own Childhood Holidays for Their Kids
• IEI Rugged IP66 Panel PC Brings Real-Time Visibility to Heavy-Duty Mining Fleets
• FDA Approval; Major Milestone for Preservative-Free Ketamine Ahead of FDA Goal Date for Treatment of Suicidal Depression by NRx Pharmaceuticals, Inc

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.