Additional financial assistance for losses related to COVID-19 will be available to individuals and businesses, according to Governor Jay Inslee.
In a press conference, Gov. Inslee announced additional financial support funds for families and businesses impacted by the COVID-19 pandemic.
The governor was joined by Lisa Brown, Department of Commerce director, for the conference.
“We know this pandemic is taking an economic toll,” Inslee said during an event Friday. “On Sunday we announced $50 million in business supports, but after more discussions with legislators and our agencies, we’ve agreed on how to more than double that.”
In addition to funds announced on Sunday, the total new economic supports amount to $135 million. Included in that total is:
Included in the $70 million in business support grants is $50 million for a new round of Working Washington grants focused on the hardest-hit industries. Remaining funds will go toward historically disadvantaged businesses who applied for earlier business grants and bolstering Commerce’s business resiliency network.
The grants will be allocated first to businesses most impacted by both COVID-19 and the most recent measures taken to address public safety. Equity will also be a priority in making allocation decisions. In addition to the new funds, there will also be separate business support programs coming from local governments.
Find more information on available business assistance here.