July/August 2024
Did You Know? Washington's Aerospace Industry is Soaring!
A new report by the Seattle Metropolitan Chamber of Commerce and Community Attributes, Inc. reveals that Washington's aerospace industry generated over $71 billion in business revenues and supported 194,000 jobs in 2023. The industry is recovering strongly, with Boeing securing a five-year peak of 1,456 new airplane orders. Aerospace employees contribute significantly to the local economy, spending billions on healthcare, retail, and restaurant services. The report also highlights Boeing's $43.9 million in charitable giving and $30 million support for employee education. Read the full report here.
New Regulations for Cosmetic Products: What Businesses Need to Know
The Toxic-Free Cosmetics Act (TFCA) restricts certain toxic chemicals in cosmetics sold or used in Washington. Affected businesses must either replace non-compliant products or remove them by the deadlines. For in-state retailers, the restrictions start on January 1, 2026.
The TFCA program offers support to cosmetology and beauty-related businesses transitioning to safer products, including technical assistance, resources, and reimbursement for replacements. Priority is given to women-owned and minority-owned small businesses.
Interested in participating? Sign up to be added to the Toxic-Free Cosmetics Email list.
 
Last Chance: Register Now for the Startup425 Eastside Summit!
Don’t miss your final chance to join the Startup425 Eastside Summit during #SeattleTechWeek. Connect with entrepreneurs, investors, and thought leaders from Bellevue, Renton, Redmond, Issaquah, Kirkland, and Bothell. Enjoy panels, networking, and insights on venture capital, startup investments, and tech advancements. Register for free now and secure your spot!
Join the Small Business Regulatory Roundtable
In support of the Governor’s Office for Regulatory Innovation and Assistance (ORIA), the Seattle Metropolitan Chamber of Commerce invites local partners to promote the Small Business Regulatory Roundtable. The next event is on Thursday, August 8th, from 6 to 8 p.m. at Pacific Tower, 1200 12th Avenue South. This session is part of ORIA's effort to gather feedback and improve state services for small businesses. Your involvement is crucial in enhancing regulatory policies and systems. Click here for more details and to register for the round table.
 
Spotlight on James Kim: Your Community Business Connector for Renton
James Kim, Renton's Community Business Connector through the Port of Seattle’s initiative, helps small businesses connect with vital resources. As a small business owner himself, James understands the challenges and aims to provide timely support. This program assists with securing capital, business planning, marketing, regulatory compliance, and social services. Learn More about how James can help your business thrive.
 
SBA Announces $3 Million in New Grant Funding for Cybersecurity
The SBA has launched a new $3 million grant opportunity through the Cybersecurity for Small Businesses Pilot Program. State government agencies can apply for grants between $1,000,000 and $1,045,000 to provide critical cybersecurity training and support for startups and emerging businesses. Applications are open from July 2 to August 2, with funds intended to bolster cybersecurity measures and educate small businesses about combating cyber threats. For more details and application information, visit Grants.gov, and to explore additional cybersecurity resources, visit SBA Cybersecurity Resources and NIST Cybersecurity for Small Business.
 
Join the Port of Seattle Business Accelerator Program!
Business Impact NW, in collaboration with the Port of Seattle, invites applications for the Business Accelerator Program! This 13-week program is designed to help women and minority-owned businesses, along with small enterprises, grow and succeed. Eligible businesses should have at least three years of operational experience, annual revenues of $500,000 or more, and be in the construction, architectural & engineering services, or energy sectors. Priority is given to WMBEs in South King County.
Application Deadline: August 12
Program Start Date: September 10
For more information and to apply, visit: https://businessimpactnw.org/port
Free Business Coaching Available!
Thinking of starting a business, looking to grow your existing venture, or facing a business challenge? Schedule a free 30-minute session with one of our expert business coaches! Drop-In Coaching sessions are held at the Renton Chamber of Commerce, 625 S 4th St, Renton, WA 98057. Reserve your spot today: Business Impact NW Coaching. Please limit reservations to one session.
Startup425 Pitch Workshop & Coworking
Join us for a dynamic day of co-working, created specifically and exclusively for entrepreneurs, founders, and business owners in Renton. Startup and Small Business CoWorking is designed to foster collaboration, inspire innovation, and provide valuable resources to help you thrive in your entrepreneurial journey along with fellow entrepreneurs, founders, and business owners.
Join us for the entire day or pop in at the times that work best for you. Instead of working from your house, office, or local coffee shop, join us at the Renton Highlands Library for the day! Click here to learn more and save your seat.
 
New Public Art Installation on Williams Avenue South
We’re excited to announce the unveiling of a refurbished mid-century era streetlight on Williams Avenue South. Originally installed in 1960 and donated by the Cugini Family, this streetlight has been revitalized by Western Neon with color-changing LEDs, blending historical charm with modern artistic flair. Join the Renton Municipal Arts Commission for the dedication ceremony on August 1 at 11 a.m. to celebrate this wonderful addition to our city.
Summer Concert Series Continues!
On August 1, Dakota Poorman delivers a fresh twist on country music with his raw rock ‘n roll, fiery fiddle, and banjo. Then, on August 15, Danny Godinez and his all-star Seattle band bring a dynamic mix of Latin rock, blues, and funky jazz. Don’t miss these electrifying shows thanks to the city's Parks and Recreation Department and Renton Municipal Arts Commission. For the full lineup of concerts, visit the city's events calendar at rentonwa.gov/events.
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