Directs the Small Business Development Center (SBDC) to work with specified state and local economic and workforce development organizations to integrate, target, coordinate, and tailor its services and to establish and expand satellite offices when financially feasible.
Creates the Business Assistance Account (Account) in the custody of the State Treasurer and directs the SBDC to first use Account funds to increase small business assistance at satellite offices.
Adds an institution's contributions to local or statewide business assistance organizations as a twelfth factor for the Department of Financial Institutions' consideration when rating a bank's performance in meeting community credit needs.
Requires state agency solicitations of purchased goods and services, personal services, information services, and printing services be posted on the state's common vendor registration and bid notification system.
Requires the state's central services agencies to develop procurement policies and procedures which encourage and facilitate state agency purchases of products and services from small businesses in Washington.
From the Substitute House Bill Report (SSB 5723), written by the Legislature's nonpartisan staff. Read the full report ↗