Stanwood SOARING Grant Program

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About

The Stanwood SOARING Grant Program is made possible by funding provided through a Snohomish County Cities Partnership

A total of $2.5 million will be divided amongst all eligible Snohomish County city programs. The allocation will be determined on a population basis. If a city’s unfunded need is less than their allocation, the remaining allocation will be distributed to the other city programs on the same population basis.

Eligible applicants:

  • Must be a Stanwood, Washington Business located within the City of Stanwood
    º Have been a going concern for at least six months prior to March 23, 2020
    º Provide a registered UBI Number and Stanwood Business License in good
           standing
  • Have their business listed in the Discover Stanwood Camano PLACES business directory on www.discoverstanwoodcamano.com. Signing up is easy- SEE HOW
  • Have 15 or fewer employees (including the business owner of 51% ownership)
  • Certify at least a 25% reduction in revenue attributable to the COVID-19 pandemic.

Priority will be given to restaurants, retail, and other service businesses and non-profits who have a commercial address (home-based businesses not eligible).

  • Eligible expenses include rent, utilities, inventory and equipment, PPE supplies, and preparing the business for re-opening

The application period will be open from November 30, 2020, through 5 p.m. PDT on December 7, 2020.  Screening and award of grants to be completed by December 31, 2020.

COVID-19 is causing a catastrophic economic impact on Stanwood’s small business community. The Stanwood SOARING Small Business Grant Program is a positive step, but it may not provide enough funding for every injured business to receive a grant, nor will it fix all the damage caused to those businesses that receive a grant. Unfortunately, many businesses that qualify and are deserving may not receive a Stanwood SOARING grant. Other small business funding opportunities are available through the State of Washington or SBA.

Application process overview

  1. Jennifer Ferguson

    City Administrator

  2. Krista Hintz

    Assistant to the Administrator

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  1. Step 1: verify eligibility
  2. Step 2: prepare to apply
  3. Step 3: Apply by Dec. 7, 2020
  4. Step 4: wait
  • Must be a Stanwood, Washington Business located within the City of Stanwood
    º Have been a going concern for at least six months prior to March 23, 2020
    º Provide a registered UBI Number and Stanwood Business License in good
           standing
  • Have their business listed in the Discover Stanwood Camano PLACES business directory on www.discoverstanwoodcamano.com. Signing up is easy- SEE HOW          
  • Have 15 or fewer employees (including the business owner of 51% ownership)
  • Certify at least a 25% reduction in revenue attributable to the COVID-19 pandemic

Priority will be given to restaurants, retail, and other service businesses and non-profits who have a commercial address (home-based businesses not eligible).

  1. FAQs

Q: What do I do if I have a question? 

A: We’re here to help! Send an email to Jennifer.Ferguson@ci.stanwood.wa.us

Q: What small businesses are eligible for a Stanwood CARES business grant?

A: Eligibility criteria for the Stanwood SOARING Small Business Grant Program balances CRF funding guidelines and City of Stanwood business retention program goals. In order to be eligible:

  • Must be a Stanwood, Washington Business located within the City of Stanwood  
    º Have been a going concern for at least six months prior to March 23, 2020
    º Provide a registered UBI Number and Stanwood Business License in good standing
  • Have their business listed in the Discover Stanwood Camano PLACES business directory on www.discoverstanwoodcamano.com           
  • Have 15 or fewer employees (including the business owner of 51% ownership)
  • Certify at least a 25% reduction in revenue attributable to the COVID-19 pandemic

Priority will be given to restaurants, retail, and other service businesses and non-profits who have a commercial address (home-based businesses not eligible).

Q: What expenses are eligible for grant reimbursement?

A: Eligible expenses include rent, utilities, inventory and equipment, PPE supplies, and preparing the business for re-opening

Q: If a small business received funding through ROUND 1 of the Stanwood SOARING Business Grant Program, or Snohomish County CARES Act, are they still eligible for the Snohomish County-Cities Partnership Grant Program- Stanwood SOARING Round 2? 

A: No. In an effort to help all affected small businesses in our community, funds will be made available to businesses that did not receive city or county funds in round 1. In addition, there can be no doubling up from any other federal source. In other words, no “double-dipping.” 

Q: Are bars, tattoo businesses, and entertainment venues eligible?

A: Yes, if they meet the eligibility requirements listed above.

Q: Will every eligible small business that applies get a grant?

A: COVID-19 is causing a catastrophic economic impact on Stanwood’s small business community. The Stanwood SOARING Small Business Grant Program is a positive step, but it may not provide enough funding for every injured business to receive a grant, nor will it fix all the damage caused to those businesses that receive a grant. Unfortunately, many businesses that qualify and are deserving may not receive a Stanwood SOARING grant.  Other small business funding opportunities are available through the State of Washington or SBA.

Q: Will Stanwood SOARING be awarded on a first-come, first-awarded basis?

A: No. The application period will be open from November 30, 2020, through 5 p.m. PDT on December 7, 2020. Screening and award of grants to be completed by December 31, 2020.

Q: What is the application trying to identify?

A: Our goal is that each Stanwood SOARING grant provides a surge of resources to help a Stanwood business emerge from this difficult time by retaining or creating jobs. The application process is designed to identify:

  • Proven businesses that COVID-19 clearly injured
  • Businesses that will provide needed jobs
  • Businesses proactively working toward recovery