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Issaquah Business Grants
Many Issaquah businesses have experienced negative economic impacts of COVID-19. These businesses are employers in our community and provide critical and unique products and services. To address these needs, the City allocated over $550,000 of federal CARES Act funding for two business grants:
- Small Business Response Grant (July 2020)
- Business Reinvention Grant (Aug. 2020)
In Sept. 2020, the City allocated additional federal CARES Act funding:
- $200,000 to fund additional Small Business Response and Business Reinvention Grants from previously submitted applications
- $30,000 to fund a new Restaurant Winterization Grant program
The City allocated General Funds to continue to support small businesses:
- $500,000 in Nov. 2020 to fund additional Small Business Response Grants from previously submitted applications
- $250,000 in Feb. 2021 to fund Small Business Recovery Grants through a new grant application process
Overall, the City of Issaquah allocated $1,530,000 for direct business grants to support Issaquah businesses address the ongoing impacts of COVID-19.
All grant programs are now closed. Subscribe to our Economic Development E-News to learn about future funding opportunities.
The Business Grant programs in general followed these guidelines and eligibility:
- Eligible expenses must be incurred after Mar. 1, 2020 through Oct. 30, Nov. 30, or Dec. 30 2020; or May 31, 2021, depending on the funding source.
- Grant recipients are required to enter into a Grant Agreement with the City which will require the filing of a report on how the funds were spent and submission of receipts.
- Grant funds may be taxable income; please consult with your financial advisor for guidance. A 1099 will be issued to a grant recipient as required by the IRS no later than Jan. 2021.
Small Business Response Grant
The City allocated $500,000 to help businesses recover from the economic impacts of COVID-19. This program accepted applications from July 1 – July 15, 2020. Applications were received from 220 businesses requesting over $2 million. The City allocated an additional $155,000 in Sept. 2020 and $500,000 in Nov. 2020 to fund previously submitted applications. View the 123 business grant recipients.
Business Recovery & Reinvention Grant
The City allocated $50,000 to fund innovative solutions to address business needs due to business changes necessary as a result of COVID-19. The program accepted applications from Aug. 3-19, 2020. Applications were received from 50 businesses requesting over $400,000. In Sept. 2020, an additional $45,000 was allocated to fund previously submitted applications. View the 11 business grant recipients.
Restaurant Winterization Grant
The City allocated $30,000 to fund restaurants and food service businesses for exterior or interior alterations and equipment to enhance inclement weather dining options during the ongoing COVID-19 pandemic. The program accepted applications from Sept. 22 – Oct. 7, 2020. Applications were received from 29 businesses requesting over $130,000. Priority was given to businesses that did not receive funding from previously awarded City of Issaquah grant programs or the Downtown Streatery winterization investment. View the 8 business grant recipients.
Business Recovery Grant
The Business Recovery Grant allocated $250,000 to home-based businesses and brick and mortar businesses up to 25 employees. Home-based businesses were eligible for up to $2,500 and Brick and Mortar businesses were eligible for up to $5,000 (less than 10 employees) and up to $7,500 (11-25 employees). The program accepted applications from Feb. 17 – Mar. 8, 2021. Applications were received from 130 businesses requesting $640,000. Businesses that have received grant funding from the City in 2020 are not eligible for this grant program. View the 51 business grant recipients.
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Economic Development
Physical Address
130 E Sunset Way
Issaquah, WA 98027
Our Business Response Team is available to assist your business prepare for the business grant application. Services available in multiple languages. Contact our team!
Subscribe to Economic Development’s E-Newsletter to be notified when more information is developed.
See previous Grant Recipients