Tri Cities Business Development

Funding Sources

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Locate Funding (Local, State, Federal)

• Benton Franklin Council of Governments - Information and application for Regional Revolving Loan Program - sponsored in part by Franklin and Benton Co PUD.  The RRLF is sponsored by the Cities of Kennewick, Pasco and Richland through their Community Development Block Grant Program (CDBG) and the U.S. Economic Development Administration (EDA) and is administered by Benton-Franklin Council of Governments.  The RDLF is sponsored by the U.S. Department of Agriculture and is administered by CREDiT.- www.bfcog.us/econ.html

• PNNL Economic Development Office  - Helps small business access research and development capital from federal agencies - www.pnl.gov/edo/opportunities/sbir.stm

• Access Washington – provides a list of grant and loan opportunities that are available - http://access.wa.gov/business/financial.aspx

• ChooseWashington.com – an organization within the Washington State Department of Community, Trade & Economic Development helps companies – both in-state and out-of-state – establish and grow in Washington. This page highlights some funding opportunities that are available within the state - http://www.choosewashington.com/business/financing/Pages/default.aspx

• The US Small Business Association has several financial assistance programs for small businesses. They provide information on eligibility requirements and their loan programs.  http://www.sba.gov/services/financialassistance/index.html

• The SBA doesn’t provide grants, but it offers information on organizations and websites that can be helpful in locating grants. http://www.wsbdc.org/grants

• Ameritrust is a Certified Development Company licensed by the SBA to assist small businesses through low cost, fixed rate commercial real estate financing in partnership with the SBA and local lenders.  www.Ameritrustcdc.com

• Evergreen Business Capital is a Certified Development Company licensed by the SBA to assist small businesses through low cost, fixed rate, commercial real estate financing in partnership with the SBA and local lenders.  www.evergreen504.com

• Northwest Business Development Association is a Certified Development Company licensed by the SBA to assist small businesses through low cost, fixed rate, commercial real estate financing in partnership with the SBA and local lenders. www.nwbusiness.org

• Hanford Area Economic Investment Fund has funds available for for-profit industrial, commercial and service businesses. Funding is to support job growth in the area and enhance the local economy and economic diversification. Funding is available for working capital, R&D, land purchase, new building construction and equipment purchases. www.hanfordfund.com

•  USDA Rural Development provides loans and grant programs to help the needs of rural communities. They provide Business and Industry Guaranteed loans for providing jobs. This is similar to SBA guaranteed loans but is geared specifically for small rural communities. www.rurdev.usda.gov/wa/

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