Questions about funding opportunities? Contact Samantha Paxton at (425) 885-4014 ext. 5 or email@example.com.
Small Business Flex Fund
The Small Business Flex Fund was created to provide access to growth capital for smaller, local businesses and nonprofits in Washington state that need it most.
- Flexible working capital loans
- 3%-4.5% interest rates
- No fees. Interest-only payments for first year
- 60- or 72-month repayment timelines
- Borrow up to $150,000 and the money can be spent flexibly, including on payroll, utilities & rent, supplies, marketing & advertising, building improvements or repairs, and other business expenses
- More information here
- Nonprofits as well as small businesses are eligible
- Fewer than 50 employees
- Annual revenues of less than $3 million
- Experienced direct economic hardship due to COVID-19
Small Business Grants
The City of Covington has an additional $150,000 of ARPA (American Rescue Plan Act) dollars available to assist Covington small businesses with grants from $2,500 to $7,500. Small businesses for these grants are defined as having 15 employees or less and must have had a location in Covington city limits as of March 3, 2021. This program will remain open until all funds are expended.
Small Business Innovation Research (SBIR) program
The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are competitive programs that encourage domestic small businesses to engage in Federal Research/Research and Development (R/R&D) with the potential for commercialization.
- Different participating agencies fund different sectors and technology areas, so a first step is to see which agency or agencies fund projects relevant to you. Agencies also differ in how narrow or broadly they define their topic areas. Current Topics - Search technology topic areas that agencies are interested in funding right now.
- Don't be discouraged if you don't pull up a topic that matches your interests - new topics are published periodically. You can search past topics of interest as well as what projects agencies have funded before.
The Medina Foundation
The Medina Foundation is a family foundation that works to foster positive change in the Greater Puget Sound area. In honoring the vision of our founder, Norton Clapp, the Medina Foundation aspires to improve lives by funding human service organizations that provide direct support to Puget Sound residents. Funding Areas The Medina Foundation funds in the following focus areas:
- Family Support—programs for those suffering from the effects of domestic violence or sexual assault, services to support child welfare, programs providing for basic needs, and other human services
- Housing & Homelessness—housing and related services to support those in need, with the goal of helping people achieve housing stability
- Youth Development—organizations working with underserved youth, offering mentoring, tutoring, or out-of-school time/enrichment activities
- Economic Opportunity—opportunities that help people become economically self-sufficient, such as financial literacy, asset building, or skills-building programs
- Education—birth to 12th-grade educational opportunities, adult literacy and other programs that enhance academic skills
- Hunger—efforts to alleviate hunger, with an emphasis on distribution and rural communities
For full instructions on how to apply, please see Application Process.
The Norcliffe Foundation
THE NORCLIFFE FOUNDATION is a private family foundation in Washington State. Our mission is to improve the quality of life for all people in our community.
- Who we fund Applications are accepted from nonprofit organizations with tax exempt status under Section 501(c)(3) of the Internal Revenue Code that operate in the Puget Sound Region of Washington State.
- What we fund A variety of program areas are supported including human services, healthcare, civic and community projects, education, and arts and culture.
- Timeline We accept requests on a rolling basis, year-round. There are no calendar deadlines for submitting requests. Any 501(c)3 organization working within our geographic funding area is welcome to submit an application. We do not have a letter of inquiry process. If you'd like to touch base about your project prior to submitting a full application, please contact the Foundation.
Washington Filmworks Funding Assistance
The 2022 application window for funding assistance offered by Washington Filmworks will open on December 1, 2021. Prior to applying, applicants are strongly encouraged to read the Guidelines & Criteria and review the application. Washington Filmworks’ Board of Directors will review each complete application and decisions about funding assistance will be based on the economic impact of each production. No application materials will be reviewed or accepted prior to December 1, 2021 and the application window will remain open until the 2022 fund has been exhausted. If you have questions about the program or the application process, please email us at: Info@WashigntonFilmworks.org.