Tacoma’s entrepreneurial landscape is thriving, thanks to a wealth of resources and programs designed to support local businesses. Whether you’re launching a startup or expanding an existing enterprise, Tacoma offers a variety of initiatives to help you succeed.
University of Washington Tacoma’s Entrepreneurship Academy
The University of Washington Tacoma’s Entrepreneurship Academy provides comprehensive support for aspiring entrepreneurs. The program includes workshops, online resources, coaching, and eligibility for seed funding up to $2,000. Participants engage in group meetings and culminate their experience with a Business Plan Competition offering cash prizes. The next application period opens in Fall Quarter 2026. Learn more.
City of Tacoma’s Business Incentives
The City of Tacoma fosters a supportive business climate with several incentives:
- No personal income tax.
- No corporate excise tax.
- No property tax on inventories.
- Business & Occupation (B&O) tax exemptions for businesses with gross incomes up to $250,000 annually.
Additionally, the city offers tools like TacomaSpace, a business intelligence platform to search for available real estate. Explore these resources.
Spaceworks Tacoma Incubator Programs
Spaceworks Tacoma supports creative entrepreneurs through its Incubator Programs. These initiatives provide business training, technical assistance, and mentorship, serving as a testing ground for new ideas, products, and services. Applications for the Business Plan Cohort close on February 28, 2026. Find out more.
Maritime Blue: Tacoma Maritime Innovation Incubator
For those interested in maritime and technology sectors, the Tacoma Maritime Innovation Incubator offers a 10-month program based at the Center for Urban Waters in the Port of Tacoma. Participants receive two years of free office space and support to advance their concepts and early-stage companies. Applications are accepted on a rolling basis. Apply now.
City of Tacoma’s Workforce Development Programs
To enhance employment opportunities, the City of Tacoma offers Workforce Development Programs focusing on education and training. These programs support residents in finding sustainable, living-wage jobs through apprenticeships, internships, and environmental education. Learn about these programs.
By leveraging these resources, Tacoma’s entrepreneurs and small business owners can access the support needed to thrive in a dynamic economic environment.