Kirkland Small BusinessRelief Fund
We’re all in this together, and together we’ll get through this.
KIRKLAND SMALL BUSINESS RELIEF FUND
Thousands of businesses across the region are deeply impacted by the economic effects of COVID-19. Governor Inslee’s statewide order “Stay Home, Stay Healthy” on March 23, 2020 means the required closure of public facing, non-essential businesses already hard hit by health considerations, work at home directives and social distancing. These businesses support thousands of local jobs. They’re our friends and neighbors and the face of our community. We are committed to doing all we can to help them through this destabilizing time.
Google, The City of Kirkland, and the Greater Kirkland Chamber of Commerce, announced the creation of a Kirkland Small Business Relief Fund, (Relief Fund), a new program intended to provide immediate grants to qualifying small businesses and small nonprofits in Kirkland impacted by COVID-19. The Relief Fund is open to all qualifying applicants: applicants do not need to be Chamber members to apply. The Relief Fund received initial seed funding of $250,000 from Google.org, Google’s philanthropic arm, and is open to additional contributions.
Our goal is to provide immediate relief to Kirkland’s hardest-hit small businesses and small nonprofits in the form of unrestricted grants as stop-gap relief pending the release and distribution of anticipated federal and state aid.
The Kirkland Small Business Relief Fund intends to stand up a series of funding rounds and to disperse funds in phases as monies become available. Funding rounds will distribute available monies in equal amounts to qualifying applicants.
ABOUT THE RELIEF FUND
The Kirkland Small Business Relief Fund aims to provide immediate financial assistance to Kirkland’s hardest hit small businesses and small nonprofits in the form of unrestricted grants to support rent, employee salaries, and operating costs as a stop-gap relief pending the release and distribution of anticipated federal and state aid. It is expected that the Relief Fund will disperse grants to applicants in successive funding rounds, as contributions allow.
This effort is a partnership of the Greater Kirkland Chamber of Commerce, the team at Banner Bank Kirkland, and the City of Kirkland. The first round of funding came exclusively from Google.org, Google’s philanthropic arm, which has graciously contributed $250,000 to seed the fund. We extend our deepest gratitude to Google for stepping up during this time to fund our ability to help Kirkland businesses.
PLEASE DONATE TO THE KIRKLAND SMALL BUSINESS RELIEF FUND
The Kirkland Small Business Relief Fund intends to release multiple funding rounds. This goal is dependent on contributions.
Can you help us raise the next round of funds to help small businesses and nonprofits in our community? Donations of up to $10,000 can be done online through our secure PayPal link above.
Donations of over $10,000 can be done through Banner Bank’s Kirkland Branch by contacting David DeBois at (425) 576-1514 or emailing David.
Note: The Kirkland Chamber Foundation has applied for 501(c)(3) tax-exempt status. All contributions are charitable and tax-deductible upon the approval of the 501(c)(3) status, which we hope is granted soon, and will apply retroactively to all donations. Thank You for helping us to respond quickly to this crisis with funds to support The Relief effort.
KIRKLAND SMALL BUSINESS RELIEF FUND
Applications are now live. Applications will close at 5:00 PM (Pacific Time), April 7, 2020.
It is the hope that enough money will be raised in this fund to offer multiple rounds of grants. Round one is open for applications from 9:00 AM (PDT), April 1, 2020 – 5:00 PM (PT), April 7, 2020.
All applications that meet the criteria will be considered in this first round – it is not first come, first served based on the date/time you apply.
You do not need to be an active Kirkland Chamber member in order to qualify.
FUNDING ROUND ONE PARAMETERS
- $250,000 available funds for Round One (Google funds only)
- Application Window April 1- April 7, 2020
- Round One grant recipients will be capped at 250
- Minimum grant award = $1,000
- Maximum grant award = $5,000
- Equal distribution of funds among recipients
FUNDING ROUND ONE ELIGIBILITY CRITERIA
- “Brick and Mortar” commercial businesses or small nonprofits serving customers and constituents in a premise that is open to the general public.
- Current business license number with the City of Kirkland
- Demonstrated negative financial impact from COVID-19
- 25 or fewer FTE (full time equivalent) employees
- Business is open, or intends to re-open when able
These grants are intended as an extra help in addition to SBA grants/loans and other relief packages being offered by government or private entities. Applicants are encouraged to take advantage of other programs, particularly the robust SBA loans being offered to businesses and nonprofits. Information about how to apply for loans through the SBA is available here: https://www.sba.gov/funding-programs/disaster-assistance