Port of Everett Commission Launches New Economic Development Grant to Support Commercial Tenant Recovery, Authorizes $50,000 in Funding Opportunity
Date: Jun 9, 2020
FOR IMMEDIATE RELEASE – July 15, 2020Port of Everett Commission Announces Second Round of Economic Development Grants to Support Commercial Tenant COVID-19 Recovery
Everett, Wash. – On Tuesday, July 14, the Port of Everett Commission announced an extension of its Economic Development Grant for Evolution (EDGE) program – a recent Port Commission adopted initiative aimed at giving commercial tenants and subtenants an opportunity to get an ‘edge’ on their COVID-19 recovery.
The Commission allocated $50,000 to fund EDGE in 2020, with individual grants to be issued up to $5,000. Five tenants received grant awards in the first round at a combined total of $17,420. Round two makes the remaining budget available thru August 2020.
EDGE applications are being accepted now through Monday, August 31 by 5 p.m. Applications must be submitted electronically at www.portofeverett.com/EDGE
About the EDGE Program
The intent of EDGE is to provide economic development resources to Port businesses eligible to reopen in Phase II of Governor Inslee’s ‘Safe Start’ Phased Reopening Plan by supporting implementation of new public health guidance and associated measures to safely resume operations, such as installing plexiglass, procuring equipment to support social distancing, purchasing personal protective equipment and more.
Applicants must meet specific eligibility requirements including being a commercial tenant or subtenant located on Port of Everett property, and whose business has been closed to the public and/or operating under modified operations as a result of the COVID-19 pandemic and associated Stay Home, Stay Healthy order for Washington State. The business must also be identified as eligible to reopen in Phase II of the State’s phased reopening plan, of which Snohomish County was granted effective June 5. Expenditures can be retroactive back to April 1, 2020.
CLICK HERE TO READ MORE ABOUT THE EDGE PROGRAM, ELIGIBILITY AND REQUIREMENTS.
For additional information, contact Catherine Soper, Public Affairs Manager, at 425-388-0680 or by e-mail at catherines@portofeverett.com.