Colfax Downtown Association receives $2.25 million in funds for incubator program

COLFAX — Colfax Downtown Association received $2,259,820 from The Washington State Department of Commerce Small Business Innovation Fund (SBIF) grants, which ranged from $500,000 to $5 million, coming out to a total of $32.5 million grants awarded to 22 different projects out of over 120 proposals.

The SBIF funds awarded funded a variety of activities, which included small business incubators and accelerators, support for local procurement initiatives, improvements to physical workspaces in response to public health requirements or acts of vandalism, support for small business competitiveness...