NEWS

Skagit County Revolving Loan Fund Offers Competitive Opportunities for Financing your Business

Friday, August 31, 2018

For Skagit County small businesses searching for funding to support growing and expanding their operations, the Skagit County Revolving Loan Fund offers affordable financing opportunities to purchase equipment or real estate, refinance expensive debt, or improve your business space to attract new clients.  Revived by the National Development Council (NDC) earlier this year, this longstanding program is now featuring loans for up to $500,000 at competitive interest rates for eligible businesses--offering another tool for helping grow your business. For more than 30 years, the Skagit County Revolving Loan Fund Program has supported job retention and creation in Skagit County, while leveraging...
Alternative Lenders Roundtable Event Connects Small Businesses with Resources

Monday, December 24, 2018

Small businesses are critical to Skagit County’s economy. They provide important products and services, create jobs and are a tool for wealth creation.  According to the U.S. Small Business Administration (SBA), 99.9% of U.S. businesses are small businesses. These small businesses in aggregate employ 47.5% of all U.S. employees.[1]  Surprisingly, four out of five are single employer businesses.[2] Here are just a few of the reasons small businesses are important to our local economy: Small businesses are a significant contributor to the character of a place by adding vitality and vibrancy to a community.  The character of a place is important to...
An Economy for All

Wednesday, November 21, 2018

This time of year calls for reflection.  Skagit County has historically been a place of great natural beauty and bountiful resources.  Acknowledging the natural forces that have shaped the landscape and the diversity of life that inhabits the valley informs who we are becoming.  How do we sustain quality of life and connection to our sense of place in times of growth and change?  Nurturing a healthy and equitable local economy is key.  This is the foundational concept of the Business Alliance for Local Living Economies (BALLE) framework.  Using the BALLE framework key principles as a guide, we reflect on...
Bringing Skagit Ideas and Inventions to Life: An Interview with the NW Innovation Resource Center

Tuesday, October 30, 2018

Skagit County has long been fertile ground for innovators, inventors, and entrepreneurs.  Homegrown companies such as Janicki Industries, Rothenbuhler Engineering, Eddyline, and Skagit Valley Malting—just to name a few—are today internationally-renowned in their fields.    Fostering and supporting new entrepreneurs that will create Skagit County’s future business success stories, and ensuring that they can maintain and grow these businesses here, is an important priority for EDASC in its economic development strategy.  To accomplish this, Skagit County, the Port of Skagit, and EDASC partner with the NW Innovation Resource Center (NWIRC), which assists entrepreneurs and inventors from throughout Skagit County create the strategies...