Economic Development Update

October 13, 2022

Pierce County Small Business Innovation Matching Grant Program

NOW OPEN: Pierce County Small Business Innovation Matching Grant Program
ROUND TWO
Applications Due November 4 at 5:00 pm 


The Pierce County Small Business Innovation Matching Grant program helps small businesses located in UNINCORPORATED* Pierce County move forward in the wake of the Covid-19 pandemic.


*The term "unincorporated" refers to any areas that do not fall within the limits of a city in Pierce County. 

The grant will aid in covering costs related to innovative projects that will help businesses in unincorporated Pierce County grow and ultimately become more resilient. Eligible businesses should demonstrate a need for funding that will allow the business to implement new ideas, improve operations and processes, or upgrade facilities and equipment. Subject to available funds, the grant reimburses 50% of eligible costs up to $20,000 of reimbursement per applicant.

Businesses who have submitted an application for Round One are NOT eligible to re-apply.

Click here to view all eligibility requirements and to apply by November 4 



Pierce County C-PACER Program

Pierce County Now Accepting Applications for Commercial Property Assessed Clean Energy + Resiliency Program (C-PACER) 

The C-PACER program allows owners and developers of eligible properties in Pierce County to obtain long-term financing, at a low interest rate, for qualifying energy generation, efficiency, water conservation or resiliency projects. For a full overview of eligibility requirements, visit PierceCountyWa.gov/C-PACER.


Tacoma Thrive Business Fund

Thrive Tacoma Business Fund Now Open
Applications Due by October 15 


The mission of the Thrive Tacoma Business Fund is to provide direct financial support for small BIPOC-owned and women-owned businesses located in the City of Tacoma. The program is a partnership of the Tacoma-Pierce County Chamber of Commerce, the City of Tacoma, and Comcast. Click here for more information and to apply.


Comcast RISE

Comcast RISE Business Innovation Fund Grants: Applications Due October 16

The Comcast RISE Investment Fund will provide a new round of funding for small businesses owned by people of color or women. Eligible businesses in Pierce County (among other geographies) can apply for a $10,000 grant.  Learn more at ComcastRISE.com.



Resource Links:

  • Pre-recorded Informational Webinar
  • FAQs
Comcast RISE Marketing & Technology Services Application Closes October 16


Comcast RISE is a multi-year commitment to provide marketing, creative, media, and technology services to small businesses owned by people of color or women. Click here to apply for Comcast RISE Marketing & Technology Services.


NextCycle Washington Renew Seed Grant
NextCycle Washington Renew Seed Grant Program Now Open

The Renew Seed Grant program is designed to provide funding and technical assistance for early-stage projects focused on material waste prevention, reuse, repair, recovery, recycling, and composting that will help grow Washington State’s circular economy. Click here for more information and to apply.

Hire Pierce County

Hire Pierce County Virtual Job Fairs

Hire Pierce County is a quarterly virtual job fair featuring Pierce County employers looking to fill open positions immediately. Events are open to employers from all sectors within Pierce County and employers of any size. Complete a Job Fair interest form if your company would like to participate in a WorkForce Central virtual job fair.  


Small Business Flex Fund

Small Business Flex Fund Loan Program

Small businesses and nonprofits can apply for a low-interest loan of up to $150,000 to finance expansion and growth as well as recover from the pandemic and subsequent economic slowdown through the Washington State Department of Commerce Small Business Flex Fund. Interested applicants pre-apply on the Flex Fund’s online portal and, if they qualify, will be matched with a lender. 


Pierce County Economic Development

950 Pacific Ave, Suite 525
Tacoma, WA 98402
www.piercecountywa.gov/edd

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