Provide Capital to Build Credit for Small Businesses and Entrepreneurs



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March 14, 2023

E*xciting new procurement opportunity to leverage grant seed funding from Commerce for establishment of an SBRN Credit Building Pilot Program*

*Provide Capital to Build Credit for Small Businesses and Entrepreneurs*

*Information session: March 22, 2023 at 10:00 a.m. Pacific Time*

*Due date: April 9, 2023 at 11:59 p.m. Pacific Time*

The Washington State Department of Commerce is seeking to contract with a single nonprofit organization or a collaboration of organizations to create a new SBRN Credit Building Pilot Program.

Credit unions, community foundations, and CDFIs interested in piloting creative new ways to build or improve credit for Washington small businesses and entrepreneurs are encouraged to submit a response to this Request for Qualifications and Quotes (RFQQ).

*_Help Washington Small Businesses by_*:


* Creating more equitable access to capital [ [link removed] ] for business owners from Black, Indigenous and People of Color (BIPOC) communities
* Addressing underlying barriers to conventional lending as identified by SBRN [ [link removed] ] partner organizations
* Designing and launching innovative products to leverage capital to small businesses and entrepreneurs in Washington

An informational session is scheduled to be held on *March 22, 2023 at 10:00 a.m. Pacific Time, via Zoom*.

Please register in advance for this webinar [ [link removed] ]

After registering, you will receive a confirmation email containing information about joining the webinar.

Read the full RFQQ [ [link removed] ]

Please contact RFQQ coordinator?Tracy Gunter <[email protected]>?with questions.

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About Commerce

Commerce works with local governments, businesses, community-based organizations and tribes to strengthen communities. The department?s diverse portfolio of more than 100 programs and effective public and private partnerships promote sustainable community and economic development to help all Washingtonians thrive. For more information, visit [link removed]. For information on locating or expanding a business in Washington, visit choosewashingtonstate.com [ [link removed] ].

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