Washington MBDA Business Center: COVID-19 Business Information & Resources

See the following news and information compiled by Washington MBDA Business Center related to COVID-19 business resources. You can also follow us on our Facebook page for more updates.
Last update: January 12, 2021

Latest Updates:

Restaurant Small Business Grant ApplicationUSHCC & Grubhub
The United States Hispanic Chamber of Commerce (USHCC) Educational Fund is proud to join forces with Grubhub to support Hispanic-owned restaurants throughout the country during this time! Grant Criteria: restaurant with less than 20 FTEs; Hispanic-owned with active EIN; in operation for at least 9 months from date of form. Apply here before January 26, 2022 and see if your restaurant qualifies!

New Small Business, Nonprofit and Agriculture Grant Resource Available Now Thurston EDC Center for Business & Innovation 
Up to $10,000 Grants available for Microbusinesses. Thurston Strong is pleased to announce a new round of grant assistance for small businesses, nonprofit organizations and food system entities impacted by the COVID pandemic. Pandemic challenges persist and many independent enterprises and service organizations have been disproportionately impacted. This round of funding provides an extended bridge to sustain our entrepreneurial and employment tapestry, while adding capacity for entities who continue to answer the call for emergency assistance. See Grants Information here.


January 25: Small Business Flex Fund Info Webinar, 1 PM PST – Small Business Development Center
The Washington State Small Business Flex Fund is a new loan program for the smallest Washington businesses and nonprofits affected by COVID-19. To be eligible to apply, small businesses and nonprofits must employ 50 or fewer full-time equivalent (FTE) employees, have annual revenues of less than $3 million per year, and experience a direct economic disruption as a result of COVID-19. This webinar will provide information about the loan program and application process and help you prepare to apply. Register here.
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2021 MBDA Accomplishments

Now a permanent agency, MBDA is poised to develop and deliver additional resources that will help minority businesses grow in number and scope. Minority business in the U.S. has come a long way since the inception of MBDA in 1969, and we are on the cusp of a new surge in minority entrepreneurship that will fuel economic growth across the nation.

MBDA 2021 Year in Review

This has been a momentous year for the Minority Business Development Agency! Join us in taking a look back on the challenges and achievements of 2021.

2021 Year highlights include:

– Infrastructure Law Making MBDA Permanent
– Coronavirus Response and Relief Supplemental Appropriations Act of 2021 (Coronavirus Relief Act)
– MBDA Business Centers – 35 Centers Funded
– National Minority Enterprise Development Week (MED Week)
– Buy MBE Day
– MBDA Specialty Centers
– and more…

Read full article here.

Business Impact Northwest: Consider Building a BAIL Team – It’s Not What You Think It Is.

Wouldn’t it be great if you had a team in place that would help you avoid troubles with your business?  You can have such a team – your BAIL team. 

Your BAIL team will consist of a Banker, Accountant, Insurance broker and Lawyer.  Each of these members of your team will help guide you through important decisions as you build or grow your business. 

Read full blog post at Business Impact NW

Regional Program Propels BIPOC-Owned Small Businesses Toward Growth

The Minority Business Development Agency (MBDA) Washington Business Center, in partnership with the Economic Development Board (EDB) for Tacoma-Pierce County, has launched Continued Acceleration, a program ensuring ongoing support of BIPOC-owned small businesses graduating from regional accelerator programs.

The program kicks off with events December 8th & 9th at the Union Club, a local co-working space for small business owners and entrepreneurs in Tacoma, with a BIPOC Business Executive Roundtable and a panel of business service providers. Attendees will build upon their knowledge of business best practices, learn how to respond to a range of business challenges, and receive guidance on how to tap into business resources available to them throughout the region.

Participate in the Survey and Virtual Roundtable Discussion here: Read More

The Minority Business Development Agency is Permanently Authorized in Bipartisan Infrastructure Deal

[Washington, DC | November 15, 2021] – Today, U.S. Secretary of Commerce Gina M. Raimondo is pleased to announce that the U.S. Department of Commerce Minority Business Development Agency (MBDA) is made permanent and will be expanded and elevated with the passage of this historic legislation. This action allows the agency to increase their programs and outreach to the Nation’s more than 9 million minority-owned businesses.Read More

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