Port Economic Development Partnership Program helps drive economic recovery

2020 07 28 RM 7C Supp Pdf

The Port of Seattle's Economic Development Partnership Grant Program provides $960,000 in annual funding to King County cities to support local economic recovery and development activities such as small business assistance, downtown revitalization, and business attraction. Awards are capped at $65,000 and require a 50% local match, with city partners collectively contributing $680,000 in matching funds. The program was adapted in response to the Port Commission's Recovery Resolution to prioritize economic development investments and maximize partnerships across the region.

Notes

This presentation from the Port of Seattle’s July 28, 2020 commission meeting outlines the Economic Development Partnership Grant Program, which provides $960,000 annually in grants to King County cities for local and regional economic development. The program was pivoted in response to the Port Commission’s Recovery Resolution to prioritize economic development and maximize partnerships. City partners are providing $680,000 in matching funds to support projects across the region.

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