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:
Washington Business Sector Breakdown in Service Industries:
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.
|Recipient||Project, Industry, Purpose||Amount|
|East Coast Ferries Ltd
|Project: Purchase ferry
Industry: Professional, Scientific and Technical Services
|Jones Contracting Ltd
|Project: Expand bulk fuel distribution operation
Industry: Information Not Available
Purpose: Expansion Capital
|Project: Determine potential markets for cottage winery
Industry: Accommodation and Food Services
|Maclean Farms Ltd
|Project: Potato storage building
Industry: Agriculture, Forestry, Fishing and Hunting
Purpose: Business Development and Trade Shows
|Long Range Sea Products Limited
|Project: Conduct a feasibility enhancement study
Industry: Food & Beverage
Purpose: Feasibility Study / Business Plan