FOR IMMEDIATE RELEASE
January 31, 2023
MEDIA CONTACTS
Jeff Lueders, Media and Communications, jlueders@cityoftacoma.org, (253) 591-5152
Maria Lee, Media and Communications, maria.lee@cityoftacoma.org, (253) 591-2054
$200,000 Available to Women and Minority-Owned Businesses Through
Washington MBDA Business Center’s ‘Achieve More’ Grant
--Applications Accepted Now Through March 19, 2023, 11:59 PM--
TACOMA, Wash. – As part of the Washington Minority Business Development Agency (MBDA) Business Center’s ongoing support to women and minority-owned businesses, applications for the “Achieve More” Grants are being accepted now through March 19, 2023, 11:59 PM.
“With the diverse perspectives they bring to the table, women and minority-owned businesses help drive innovation and economic growth,” said Mayor Victoria Woodards. “The Washington MBDA Business Center has steadily worked to support their success in Tacoma and across our region, and the ‘Achieve More’ Grant is designed to help them do exactly that.”
"We are committed to helping women and minority-owned businesses with rapid growth potential take things to the next level, and this direct appropriation from the State Legislature will assist greatly in that regard,” said Washington MBDA Business Center Director Frank Boykin. “As our region works to build a stronger economy, it is critical that we engage and elevate our women and minority entrepreneurs and position them to thrive. The ‘Achieve More’ Grant was established to help them increase business capacity and leverage growth opportunities.”
The “Achieve More” Grant is designed to help eligible women and minority-owned businesses throughout the state of Washington offset three types of costs:
Infrastructure Improvements (up to $5,000)
Examples of infrastructure improvements are cybersecurity and market research support, to include business document updates such as business plans, standard operating procedures or legal review.
Employee Training/Business and Technological Equipment (up to $5,000)
Professional development and the cost to train staff on technology/systems that improve daily business logistics and operations can be a significant but necessary investment. Grant funding will be awarded based on:
“Achieve More” Grant amounts will be issued based on actual and verifiable costs, with a limit of one grant per business owner with a (UBI number and NAICS). Full “Achieve More” Granteligibility requirements and application details are available here.
All candidates must complete an initial Eligibility Questionnaire, submitting their intent to attend at least one “Achieve More” Grant workshop. Workshops are free, and will be held in-person and virtually now through June 14, 2023. Each workshop is one hour long and allows for Q&A.
Finalists will be notified of their status, and informed of next steps, within seven to 10 business days of Washington MBDA Business Center’s receipt of their initial Eligibility Questionnaire.
The Eligibility Questionnaire is available in multiple languages including English, Khmer, Korean, Russian, Spanish and Vietnamese. Language assistance is available upon request. Requests to receive information in alternate formats must be submitted by March 13, 2023 via email to ocoleman@cityoftacoma.org or by calling (253) 573-2435.
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About the Washington MBDA Business Center
The Washington MBDA Business Center provides technical assistance and business consulting to established women and minority-owned businesses in Washington state. Embedded within the City of Tacoma's Community and Economic Development Department since September 2016, the Washington MBDA Business Center was established as part of a cooperative agreement between the City of Tacoma and the U.S. Department of Commerce. It is one of 35 MBDA Business Centers across the country. More information about the Washington MBDA Business Center is available at mbdawashington.com.