Achieve More Grant

Latest Update:

The Achieve More Grant Applications closed as of March 19, 2023.

It is with great pleasure that the Washington Minority Business Development Agency (WA MBDA) Business Center thanks all of the amazing businesses that cast for the 2023 Achieve More Grant.  Thank you to our sponsor Washington State Department of Commerce for making these funds available and allowing the WA MBDA to improve access to capital to 40 businesses for infrastructure improvements, staff training, technology and equipment implementation.

Thank you to our strategic outreach partner Washington Economic Development Association (WEDA) and the grant committee that read each business story for insight on how these funds would have the most impact for Washington business owners.

#2023AchieveMoreGrant

Background

The Washington Minority Business Development Agency Business Center (WA MBDA) has been serving the Washington State business community since 2016. One of the recurring needs we observed, and the community expressed to us, are barriers to accessing capital.

WA MBDA has allocated $200,000 to provide direct business resiliency grants that help minority and/or woman-owned businesses “achieve more.” 

Recipients of the Achieve More Grant (AMG) can use the funds for infrastructure improvements, employee training, and business equipment.

Eligibility

• Business must be minority-owned (minimum 51% ownership) OR be woman-owned minimum 51% ownership.
• Have an active registration with the Department of Revenue and be headquartered in the state of Washington.
• The business must have an active UBI.
• The business must have a primary NAICS code.
• The business must have a minimum of $100K in annual sales or gross receipts.
• Owner must have been in business for at least 3-years.
• Applicant is strongly encouraged to attend at least one of our MBDA or partner led workshops.
• Business must be for-profit. Non-profits entities are not eligible.

Criteria & Selection Instructions

1. Applicant must complete the online AMG Eligibility Questionnaire, including:
   1. identify at least one Technical Assistance (TA) need/interest.
   2. identify at least one outreach or workshop event topic of interest.
2. Applicant must be able to describe and show how receipt of the grant will help to alleviate their challenge(s) for working capital or help with infrastructure improvements, employee training or business equipment needs.
3. Note: Finalists may be asked by WA MBDA to provide business-related expense receipts and/or prior-year business tax information.

Applications closed as of March 19, 2023.