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. 

Grant Overview

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:
  • Capital coaching
  • 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.)

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NCWI Inquiry Form

Interested in launching a career in renewable energy? We'd love to tell you more about the Native Clean Energy Workforce Program. Please fill out this short form, and our Program Navigator will reach out to schedule a conversation. We're excited to learn about your goals and share how our program can support your journey.

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Your application has been successfully submitted.

Thank you for applying to The Native Enterprise Program; we look forward to learning more from each other on this journey together.
We strongly encourage you to follow the link bellow, follow us on social media, and subscribe to our Google Calendar, to learn more and get updates on our new programs and services.
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We will be following up soon with more information and instructions.

With Gratitude,
Northwest Native Chamber

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