State to provide bailout subsidies to border dependent companies – NewsRadio 560 KPQ

State to provide bailout subsidies to border dependent companies – NewsRadio 560 KPQ

A new, larger round of general Working Washington business grants is expected sometime this winter. For more details, visit commercegrants.com.

Customer-facing businesses that require direct, in-person interaction with customers for a significant portion of business activity. Examples include a retail shop or nail salon.Businesses located within a 20-mile radius of a Canadian border crossing or port.Industry sectors most impacted by the closure, which includes but is not limited to, retail, tourism, hospitality, recreation and entertainment.Size of the business (measured by 2019 revenue)Lost revenue between 2019 and 2020 and/or added expenses to maintain safe operationsBusinesses operating in a rural or low-income community and/or owned by someone from a historically underserved population (minority, veteran, LGBTQ+ or women-owned). According to the Department of Commerce, the program will prioritize businesses that meet one or more of the following criteria:

The application portal will be open from October 4th to October 18th. Businesses must have reported annual revenues of $5 million or less in 2019 to the Department of Revenue and be located in Clallam, Jefferson, San Juan, Island, Skagit, Whatcom, Okanogan, Ferry, Stevens or Pend Oreille counties.

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