WILLIAM M. FACTORY
small business
incubator
Do you have an idea for a new business venture? We would love to help! Get started by watching this informative video.
NEED HELP GETTING A PPP LOAN?
No-cost technical assistance is available for WA small businesses, sole proprietors, and non-profits.
PPP IS BACK…AND BETTER!
- Improved loan forgiveness: 99% of those who applied got their entire loan forgiven.
- More Flexibility? Borrowers can use PPP funds for a broader array of costs, including rent, mortgage, and utilities.
- Expanded Eligibility: More business owners, nonprofits, and individuals qualify.*
- More funds available: Some may qualify for higher amounts or Second-Draw PPP Loans. There are also Economic Injury Disaster Loans (EIDL) and Shuttered Venue Operators Grants (SVOGs) available.
- PPP grants are TAX FREE: That’s right. PPP loans are not taxable, even with loan forgiveness.
- Including sole proprietors, immigrants, refugees, non-fraud felony convictions, student loan defaults, gig economy” workers, non-profit 501(c) (6)s [along with 501(c) (19)s and 501(c) (3)s], and Tribal Business Concerns.
TIME IS RUNNING OUT APPLY NOW! We want you to get the help you need and deserve. Fill out the form below and our team will get in touch with you. Please apply ASAP so your lender can get your application to the SBA by the May 31st deadline.
What we do…
We TURN InTeREST INto action
Financial Capital
We promote access to financial capital through banks, venture funds and connections with angel investors.
Workshops
Education, Dialogue and mentoring are delivered through our diverse offering of workshops where entrepreneurs test their new ideas.
Technology
Access to Zoom communications, webinars, Adobe Pro and the Daily Journal of Commerce allow us to customize entrepreneurial assistance.
Business Strategy
Entrepreneurs can share ideas and increase knowledge from SranamaMitra’s 1M by 1M Roundtables, Stanford’s Social Innovation network, Harvard Business School webinars, MIT Entrepreneurship courses and an Incubator Google classroom for idea stage, startup phase and expanding enterprises.
Mentors & Coaches
We work with a number of Federal, State, and Local business support organizations including the Service Corps of Retired Executives, The Small Business Administration and local volunteers / successful business owners .
Connections
Network with global gateways in Seattle and elsewhere that allow Incubator clients to gain entry to the world marketplace. Connect entrepreneurs with professional volunteer mentors via LinkedIn matchmaking service.
Generating New Ideas, Solving Big Problems.
If you are interested in receiving assistance for your business please complete the survey linked below. Space is limited to receive one on one assistance but our workshops are free and open to the public. Filling out this survey will put you on our email list to receive updates about events, workshops, and resources. It will also put you in line to receive more direct help through our mentorship program and one on one services. We operate on a first come first serve basis so please complete the survey immediately to be eligible for our direct services.
Companies started
YEARS OF BUILDING
Jobs created
AMAZING COMMUNITY
leadership team
Mentors, Managers, Coaches, Brainstormers, Mind Mappers, Entrepreneurs, Cheerleaders, Networkers, Incubators, Friends.
Tim Strege
Executive Director
Tim has been a pioneering presence in the development of business incubators. He and his team at the William Factory small business incubator have aided and supported the formation of countless small enterprises, and served as a valuable model that others have followed.
Bethany Montgomery
Director of Outreach & Engagement
MBA and a former student athlete, Bethany has experience in team building productivity, and start up management. Playing collegiate basketball at the highest level (Division 1), and founding and running her own startup endeavors has imbued Bethany with the spirit and energy of an entrepreneur.
William Factory
Founder
Bill Factory made enormous contributions to the community for over 40 years. He was instrumental in correcting past injustices that restricted African American Families from purchasing homes in local neighborhoods. Bill Factory was chair of the Building Committee for the Eastside Baptist Church, a faithful deacon and trustee. With his wife, Fumiko Sumi, he raised his sons Michael and Darnell, and daughter Doris in East Tacoma.
NEWS
So you have a business and business is good. Now how do you make it better? The best businesses are always looking for ways to improve, whether that’s offering better products or adopting more efficient processes. Here’s how you can take your business to the next level.
The New York Times – Kristin Wong
The U.S. Small Business Administration maintains a robust website that covers many of the various aspects of starting and operating a business. From funding and mentoring to step-by-step guides that can walk you through the complex decision making need to start & grow your business.
Want to learn from the some of the best and brightest in the world of business? Have a look at the Harvard Alumni business stories website. There you will learn via interactive presentations, articles, and videos what thought leaders in nearly every industry have to say.
Are you considering joining supportive communities on social media to support the growth of your business? Then you should consider joining the nearly 200K business owners and experts in the Linkedin group “Linkedin for Small Business owners”
Idea & Pitch Competition Semi-finalists:
iHaul
Markiss Cooper
On demand delivery and moving of large or oversized items in the greater Seattle area.
The Neighborhood Plant Project
Blake Reimert
A brick and mortor space for the retail of pants and planting supplies, workshops, education, and community involvement.
YaYa Eco Dough
Ekaterina Williams
sustainable and eco-friendly products to the market that are safe for the children and our planet.
Essential Encouragement
Courtney Dignam
Encouraging essential workers in a programatic way to develop workforces and recognize those economic and societal hereos that are keeping it all going.
Dice Bags
Georogia Moody
Bespoke gaming accessories for a loyal and discrminating market of customers.
The V-Spot
Kamesha Herd
Inspire people to become healthier by providing a delicious, healthy eat-out option, and engage in our community.
Imports from Ecuador
Jennifer Olmos
Our goal is to inspire art-hungry eyes, encourage contemplation, and promote people to indulge in their expressive side.
William Factory Small Business Incubator
Let’s Start Something new
Say Hello!
6501 S 19th St, Tacoma, WA 98466 Building 19 Office Rooms 52 & 54
(253) 722-5800