Washington Small Business Grants
With more than $15,261.00 million dollars in grants and additional local government funding sources of $10,631.00 million dollars, the majority of the federal budget in government grants is put into the business sector every year as small businesses and large corporations are the foundation of the economic growth in Washington. There are 145,612 business establishments in the state of Washington, and they break down to the following:
Washington Business Sector Breakdown by Size:
- 88,625 registered businesses in Washington have 0 to 4 employees. People who work at home with sole proprietorship are included in this breakdown.
- 25,010 registered businesses in Washington have 5 to 9 employees.
- 14,635 registered businesses in Washington have 10-19 employees.
- 11,592 registered businesses in Washington have 20-99 employees.
- 2,992 registered businesses in Washington have 100 to 499 employees.
- Over 2,758 registered businesses in Washington have over 500 employees.
Washington Business Sector Breakdown in Service Industries:
- 19,659 registered businesses in Washington are in the Professional, Scientific and Technical Services sector.
- 9,129 registered businesses in Washington are in the Administrative, Support, Waste Management, and Remediation Services sector.
- 16,080 registered businesses in Washington are in the Accommodation and Food Services sector.
- More than 16,380 registered businesses in Washington are also service orientated businesses but are not categorized to the above sectors.
If you are in the farming industry, you may be eligible to apply for small business grants as well. There are more than 39,000 farms in the state of Washington.
Starting and managing a small business in Washington is not an easy task. Over $110,390,000,000.00 US dollars are paid to employee salaries/payroll alone in the state of Washington and more than 33,490 businesses declare bankruptcy every single year. Although the federal government does not publically provide grants for starting and expanding a business, in Washington, some small business grants are given to business owners to start and grow their ventures, and grant recipients do not have to pay back the funding from government. Therefore, it makes sense to look into small business grants as one of your sources to fund your business.
To apply for business grants in Washington, contact Washington financial aid agencies.
Small Business Grants in Local States
Recent Business Grant Recipients
|Recipient||Project, Industry, Purpose||Amount|
|Atlantic Fish Specialties Ltd
|Project: Purchase equipment for pin bone removal
Industry: Food & Beverage
|Project: Establish new 3 unit, 3 star cottage accommodation business
Industry: Accommodation and Food Services
Purpose: New Business Startup
|Imprint Communications Ltd
|Project: Purchase of hardware
Industry: Professional, Scientific and Technical Services
|Mckenna Bros 1989 Limited
|Project: Purchase modern potato sizer
Industry: Agriculture, Forestry, Fishing and Hunting
|Marine Extract Limited
|Project: Verification of commercial viability of manufact. plant
Industry: Manufacturing, Mining and Energy
Purpose: Information Not Available