Port Assistance for Local Businesses
As a local government, the Port of Bellingham is eligible for grants and low-interest loans for facilities to assist with business location and expansion. The port can pursue funding for projects on port property and also provides expertise to local jurisdictions within Whatcom County to advance economic initiatives.
Community Economic Revitalization Board
The Community Economic Revitalization Board is a state program providing low-cost financing, including loans and occasional grants, for public infrastructure that encourages private sector growth. Eligible projects include access roads, sewer and water extensions, and other improvements that enhance site viability for private development.
Economic Development Investment (EDI) Program
Administered by Whatcom County, the EDI program uses state sales tax revenues to fund public facility improvements through loans and grants. Supported infrastructure includes roads, utilities, buildings, telecommunications, and port facilities.
Financing and Loan Programs
New and expanding businesses can find capital sources through a variety of private lenders in the county and through non-traditional loan programs and equity sources. Western Washington University's Small Business Development Center is a source for business planning needs to help determine finance requirements. The SBDC produces a Guide to Loan Programs for Whatcom County.
Port Revolving Loan Fund
The Port offers a Revolving Loan Fund to provide gap financing to manufacturers.
For More Information
Please contact the Economic Development Division: econdev@portofbellingham.com or 360-676-2500