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Find similar grantsStrategic Asset Acquisition Program (SAAP) is sponsored by Northwest Native Chamber, in partnership with Washington State Department of Commerce. This grant initiative supports Native-owned businesses in Washington to acquire critical high-value assets to expand their operations and foster long-term sustainability.
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Strategic Asset Acquisition Program (SAAP) - Northwest Native Chamber Strategic Asset Acquisition Program (SAAP) Empowering Native Businesses to Build Intergenerational Wealth The Northwest Native Chamber , in partnership with the Washington State Department of Commerce , proudly presents the Strategic Asset Acquisition Program (SAAP)—a transformative grant initiative designed to support Native-owned businesses in Washington.
With $674,000 in funding , SAAP helps entrepreneurs acquire critical high-value assets to expand their operations and foster long-term sustainability. Important Update: SAAP Applicants can apply to receive a maximum of $100,000. In other words, SAAP Applicants cannot apply for more than $100,000.
SAAP offers funding (up to $100,000) for: Land purchases to operate or expand your business. Equipment acquisition to boost capacity and efficiency. Down payment assistance for retail or studio spaces.
Infrastructure investments critical to operations. In addition to funding, every recipient will receive one-on-one technical assistance tailored to your business needs.
Support includes: Business plan development Legal and financial management guidance Eligibility, Timeline, and Requirements Examples of Qualifying Projects land purchase to operate business equipment purchase for business down payment assistance on retail or studio space to operate business infrastructure purchase for business paying down existing business loan that was used for asset acquisition Examples of Projects that DO NOT Qualify program development (e.g. creating a workforce development training program) hiring/training of employees or paying salaries marketing materials for the business (e.g. building a website) any personal purchases (e.g. personal vehicle, home mortgage/repairs, etc.) misc.
working capital/operations (e.g. small equipment purchases, maintenance, rent etc.)
According to the current listing, eligibility includes: Native-owned businesses in Washington. Confirm the full requirements in the official notice before applying.
The current listing shows up to $100,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Strategic Asset Acquisition Program (SAAP) is funded by Northwest Native Chamber, in partnership with Washington State Department of Commerce. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Washington. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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