The William Factory Small Business Incubator is a leading small business incubator in Tacoma, Washington, dedicated to turning entrepreneurial interest into actionable success. Established in 1986 and named after civil rights leader William M. Factory, who advocated for minority business development and fought injustices that restricted opportunities for African American families, this organization has been a cornerstone of economic empowerment for nearly four decades. With over 33 years of operation, the William Factory Small Business Incubator has hosted more than 200 startup businesses, serving as a proven model for incubators nationwide and contributing significantly to job creation and economic growth in the South Puget Sound region.
At its core, the mission of the William Factory Small Business Incubator is to support new businesses, particularly in disadvantaged communities, by providing essential resources, mentorship, and networking opportunities. The incubator places a strong emphasis on underrepresented entrepreneurs, including women, minorities, and low-income individuals, helping to level the playing field in the knowledge economy. Through its innovative EdTech Cluster, it fosters creative pioneers in educational technology, promoting sustainable growth in sectors like green construction, information technology, manufacturing, and global trade. By partnering with over 30 trusted community organizations across Washington State, the incubator ensures culturally and linguistically relevant assistance for historically underserved small businesses.
Unique selling points include affordable office space, free public workshops, on-demand training videos, and one-on-one technical assistance available on a first-come, first-served basis. Entrepreneurs benefit from global expert feedback through the WFSBI Ideas Nest program, connections to mentors and coaches via platforms like Founders and Mentors by 12Ronnies, and specialized resources such as the free Financial Statements 101 course. These offerings empower early-stage startups to refine business ideas, access banks, venture funds, and angel investors, and master social media for brand promotion. Clients gain not only practical tools but also the confidence and networks needed to launch sustainable ventures, ultimately driving community revitalization and inclusive economic development in Tacoma and beyond.
The William Factory Small Business Incubator serves the South Puget Sound region, with a primary focus on Tacoma, while extending support statewide through partnerships. Its commitment to equity, innovation, and hands-on guidance makes it an invaluable resource for aspiring business owners seeking a supportive environment to thrive.
Services Offered
Access to financial capital, including connections to banks, venture funds, and angel investors
Startup resources and one-on-one technical assistance for idea-phase and early-stage enterprises
Free business workshops and on-demand training videos on topics like commercial finance, IRS tax issues, and global trade
Social media resources and workshops for platforms such as Facebook, Twitter, Instagram, and LinkedIn
Mentorship and coaching connections through dedicated programs and global networks
WFSBI Ideas Nest for shaping business models with expert feedback
EdTech Cluster support for educational technology entrepreneurs
Networking events, including series like “The Wisdom of Coffee”
Frequently Asked Questions What is the William Factory Small Business Incubator and who does it serve? The William Factory Small Business Incubator is a Tacoma-based organization founded in 1986 to support new businesses, especially in disadvantaged communities, by providing resources, mentorship, and training to underrepresented entrepreneurs including minorities, women, and low-income individuals.
How do I get started with services at the William Factory Small Business Incubator? Complete the entrepreneur intake survey on the website to qualify for one-on-one assistance, mentorship invitations, and updates on events and resources.
Are workshops and training free at the William Factory Small Business Incubator? Yes, workshops are free and open to the public, with on-demand videos available for topics like financial statements and business finance.
What is the EdTech Cluster offered by the William Factory Small Business Incubator? The EdTech Cluster supports creative entrepreneurs in educational technology, helping them develop innovative products and services to promote equity and growth in learning.
How can I access mentors through the William Factory Small Business Incubator? After completing the intake survey, you can request a free invitation to connect with mentors and coaches via programs like Founders and Mentors by 12Ronnies.
Does the William Factory Small Business Incubator provide office space? Yes, it offers affordable office space as part of its incubation support for qualifying startups.
What areas does the William Factory Small Business Incubator serve? Primarily the South Puget Sound region and Tacoma, with statewide partnerships for broader reach in Washington.
How has the William Factory Small Business Incubator impacted the community? It has hosted over 200 startups, created jobs, and contributed to Tacoma’s economic development while serving as a model for inclusive business incubation.
