The City of Seattle Office of Economic Development’s Only in Seattle Initiative is partnering with Community Sourced Capital on a pilot program to help local businesses launch funding campaigns in Seattle’s neighborhood business districts.
The Only in Seattle Initiative works with businesses, property owners and other community leaders to organize around a common vision for a business district and attract investment. The ongoing initiative elements include yearly investments in neighborhood business districts, peer network events, and other resources to help neighborhood business districts and their businesses thrive.
The Office of Economic Development (OED) is pleased to cover the set up costs for each funding campaign in this pilot program. CSC, with the input of OED and Only in Seattle partners, selects businesses that align with neighborhood business district goals. OED plans to assess the success of the pilot and determine if an ongoing program would be beneficial as part of its ongoing support of local businesses and neighborhood business districts.