Small Business Stabilization Stipend Program (SBSSP)

Proposed by: Amiya Ingram

🚀 Executive Summary

The Small Business Stabilization Stipend Program (SBSSP) is a countyled initiative I will implement to provide direct support to our most vulnerable small businesses. By offering monthly stipends of up to $1,000, the program aims to stabilize local employers, prevent layoffs, and maintain economic diversity in our communities.

In addition, I will partner with the King County Department of Community and Human Services (DCHS) and Public Health—Seattle & King County to help participating businesses extend limited unemployment benefits and access subsidized healthcare to eligible part-time or temporarily laid off workers keeping workers connected and communities resilient.

🏛️ How I Will Implement This at the County Level

As a King County policymaker, I will:

  • Introduce legislation establishing the SBSSP as part of the county’s 2026 economic recovery budget.

  • Direct DCHS and the Office of Economic and Financial Analysis to administer stipend disbursement, application intake, and compliance.

  • Leverage existing workforce and health access programs, including:

    • The Working Connections Program for health coverage

    • Short-Term Employment Stabilization grants for layoffs

    • Language-access and technical assistance teams already in operation

  • Secure funding from a mix of:

    • ARPA and HUD small business recovery funds

    • County economic resiliency reserves

    • Private foundations and local business coalitions

This approach ensures fast, equitable implementation while reducing administrative burdens for small businesses.

💼 Program Features

  • Monthly Stipends ($500–$1,000) for up to 12 months

  • Healthcare Enrollment Support for part-time workers (through county health access programs)

  • Temporary Wage Replacement Bridge in partnership with WA ESD and local workforce boards

  • Free Business Coaching & Resource Navigation

  • Priority for BIPOC-, women-, immigrant-, and home-based businesses

🗓️ Implementation Timeline (2026–2027)

Phase Dates Key Activities Legislation & Design

Jan – Feb 2026 Council approval, department coordination

Applications Open Feb 15, 2026 County intake portals and business outreach

Program Launch March 1, 2026 First stipends and worker support services

Begin Service Integration March – Dec 2026 .

Ongoing access to employment and health benefits First Impact Review October 2026 Evaluate outcomes, adjust funding or scope

💰 Estimated Budget (Year 1)

Item Cost Estimate 500 Businesses @ $1,000/month $6,000,000 Healthcare & Employment Subsidies $600,000Admin & Outreach (DCHS + partners)$400,000 Business Coaching & Navigation $300,000 Language & Digital Access Support $100,000 Total Annual Budget $7.4 million

✅ Program Benefits

  • Stabilizes struggling local businesses before closure

  • Helps retain part-time staff with health and wage support

  • Promotes racial and economic equity across King County

  • Strengthens local hiring pipelines and community trust

🔚 Conclusion

Through this county-led approach, I will ensure that the Small Business Stabilization Stipend Program uplifts local entrepreneurs while protecting the workers who keep them running. This is not just an economic solution it’s a moral and community investment in the future of King County’s small business ecosystem.

Next
Next

Transit Village Initiative (TVI Housing)