Center for Inclusive Entrepreneurship

Empowering Communities Through Business

Blended Capital Grant Program

Under CIE’s Blended Capital Grant Program, CIE has funding for a limited number of grants to reimburse you for up to 90% of the costs of new equipment or assets needed to help strengthen or grow your existing small business.

Program Requirements

To qualify for this opportunity, you must meet the following requirements:

  • Be an active CIE client currently receiving one-on-one counseling from one of our business advisors
  • Have an existing microenterprise business with a UBI number and an established business bank account
  • Have sufficient capital to purchase the new equipment
  • Purchase the new equipment by no later than June 20, 2025

Priority is given to low-income business owners who are Black, Latino, Indigenous, or Persons of Color.

Selected applicants will receive up to 10 hours of technical assistance to complete a grow-ready assessment and to develop a simple written business plan showing how the new equipment will strengthen or grow your business. You must purchase the equipment after your business plan is approved by CIE but before June 20. You must provide CIE with a copy of the receipt for the equipment purchased by no later than June 25. CIE will deposit the grant funds into your business bank account by June 30. Grants will not exceed the lesser of 90% of the purchase price or $3,000.

If you are interested in receiving a Blended Capital Grant, please complete the application below on or before May 15, 2025. We will notify selected applicants on May 20.

CIE’s Blended Capital Grant Application

Please complete this application completely to the best of your ability. Incomplete applications will not be considered for Blended Capital. If you need assistance with this form, please contact Fauzia Davis at fauzia.davis@cie-nw.org or by phone at (360) 230-8043. We thank you for providing us with your personal information. The information you share with us will be kept strictly confidential. By providing this information you are helping us reach the people who will most benefit from this program. Your information may be shared anonymously in the aggregate to help us obtain additional funding to continue the program.

Name(Required)
Address(Required)
MM slash DD slash YYYY
I identify as(Required)
I identify as(Required)
Have you completed the CIE Start Simple Course?(Required)
Include income from all household members and from all sources: (Gross monthly income, Self Employment Income, Business Income (earnings after paying your salary), Rental Income, Child Support/Alimony, General Assistance (food stamps, TANF, etc.), SSI or SSDI, Unemployment Insurance, Retirement Income (pension/annuity/IRA), Benefits for Dependent)
Is your business already operating?(Required)
MM slash DD slash YYYY
Do you have a business license and UBI number?(Required)
Does your business have its own bank account?(Required)
PROPOSAL FOR USE OF FUNDS(Required)
Description of Equipment
Estimated Price
 
Do you have the funds available to purchase this equipment by June 20, 2025?(Required)
Applicant Certification and Acknowledgment(Required)

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SBDC

The Center for Inclusive Entrepreneurship is a member of the Washington SBDC Network. The Washington SBDC is an accredited member of America’s SBDC. Funded in part through a cooperative agreement with the U.S. Small Business Administration, institutions of higher education, economic development organizations and other public and private funding partners.

Washington SBDC services are extended to the public on a non-discriminatory basis. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Language assistance services are available for limited English proficient individuals.